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Technological Forces in the Defense/Aerospace Industries

An examination of technological advancement that have been made in American military industries.

This report provides the information necessary to troubleshoot industry obstacles and develop consistent marketing strategies. It looks at how technology in the defense/aerospace electronic markets is advancing at unbelievable rates. As these technologies begin to unite, the need for information from a laughter a best medicine essay variety of sources will become even greater.

Most aerospace companies transversely the supply chains are active in both civil and military markets. Although customer requirements for military and civil aircraft are very different, a general technological base feeds both activities. The way https://essaylab.com/how_to_start_an_essay in which the interface between military and commercial activities is managed varies from company to company. Specialized military aerospace divisions are the standard for the systems assemblers. Often aerospace corporations control military-oriented divisions operating in other sectors like electronics, shipbuilding, weapons and munitions, thus consolidating military activities across a range of sectors and areas of expertise. In contrast, the defence industries have had to face a reduction in the volume of the domestic and international markets from their climax levels in the mid-1980s. Worldwide military expenditure has fallen conspicuously. According to estimates from the Bonn International Center for Conversion (BICC), military expenditure is now below 2 percent of the global gross national product as compared to over 5 percent at the end of the1980s. Although R&D expenditures have also been pretentious by these trends, there are big differences across countries. While defence R&D has collapsed in Russia, among OECD countries it has fallen by less than 20% since the early 1990s and remains very momentous in many European countries. In France, for instance, public expenditure in defence R&D has fallen by a third since 1990, but its present level is the same as in the mid-1980s (Serfati 1998).

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