Defense Companies Look Overseas

Everybody has to make a living, and for U.S. defense companies, making a living may involve selling increasing quantities of goods to foreign countries. This comes in response to Defense Secretary Robert Gates’ slashing of a variety of defense programs in order to trim the federal budget.
Experts in the field expect U.S. defense spending to taper off in the years to come, forcing U.S. defense companies to appeal to foreign buyers in order to make up the difference. Defense companies have even begun to expand the definition of “global security” to include a variety of infrastructural goods, like clean water, …read more