ABSTRACT

In Touch with Industry: ICAF Industry Studies 1999: Munitions   [open pdf - 1MB]

The munitions industry's precision guided munition (PGM) component is a key tool for bringing the military element of U.S. national power to bear. This is an industry segment whose health is variable, with limited capability to "surge" production. Surge is a capability especially pertinent in an era of "cruise missile diplomacy," where PGMs serve as force multipliers for a smaller military. Risk aversion in product development characterizes both the Department of Defense (DOD) and defense contractors. Surprisingly, risk in offshore component sourcing may be unknowingly accepted due to lack of visibility in the practice. Suppliers in the United States will be challenged by competition from many smart, proactive defense firms around the world and will not be protected by their current high market share and what are today the best products in the world.

Publisher:
Date:
1999
Copyright:
Public Domain
Format:
pdf
Media Type:
application/pdf
Source:
ICAF Industry Studies 1999
URL:
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