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The Future of the Defence Firm
Author(s) -
Hartley Keith,
Sandler Todd
Publication year - 2003
Publication title -
kyklos
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.766
H-Index - 58
eISSN - 1467-6435
pISSN - 0023-5962
DOI - 10.1046/j.0023-5962.2003.00225.x
Subject(s) - defence industry , politics , industrial organization , focus (optics) , business , economic system , economics , market economy , political science , economic policy , physics , optics , law
Summary This paper focuses on the future of the defence firm. It forecasts that the defence firm of 2050 will be radically different, reflecting a combination of technology, economic and political factors. To provide insights into the future, the paper starts by outlining recent changes in the size, structure and organization of defence firms and industries. It concludes by suggesting that the defence firm has a future and that it will focus on systems integration with new and different forms of industrial organization and will include new entrants.