Weapons programs are criticized for cost overruns, delays in delivery and failure to meet their operational requirements. Critics focus on the power and influence of the military–industrial–political complex. This chapter addresses these controversial areas involving arms industries,...

Voluntary military alliances, such as NATO, are often criticized for failing to exploit the opportunities for equipment standardization and free trade. However, nationalism means that governments adopt a variety of industrial policies for purchasing defense equipment, leading to departures from...

This chapter defines defense economics and indicates how it differs from other subfields of economics. The nature and topics of defense economics are presented. A brief history of the field is also reviewed. The current importance of defense economics in the post-cold war era is discussed....

Defence production within India is experiencing a tremendous change to accomplish self-reliance in defence technology. A growing number of AONs have been released under Make India, Buy and Make India Categorization. The quantum of Offset commitments under defence agreements is usually...

1 Introduction -- 1.1 Background -- 1.2 Why Warships? -- 1.3 How Do You Get Your Information? -- 1.4 The Structure of the Study -- Notes -- 2 Changing Navies and Naval Technology -- 2.1 Order of Battle, 1960 and 1980 -- 2.2 “The Navy Always Travels First Class” -- 2.3 Conclusions -- Notes --...