BLUF
Investment in global military activities represents around 2.5% of GDP. Investors are now focussing on the defence industry—which is expanding in reaction to global threats—causing increased attention on government defence budgets.Learning outcomes:
- Appreciate the correlation between defence industry investment and capability
- Understand the correlation between global threats and rising defence investment
- Understand how defence investment can pressure military budgets
References
- Defense News: High factual reporting
- COLLECTIONS/The Runway (airforce.gov.au)
- RAAF RUNWAY: RATIONALE, GUIDELINES, LEARNING OUTCOMES, ETC.