Again, the Long War reshapes the defense industry
Monday, October 26, 2009 at 12:44AM
Thomas P.M. Barnett

MARKETPLACE: "Defense Firms Gird for Fight to Find Profits," by August Cole, Wall Street Journal, 22 October 2009.

Old theme of mine: actual war is a bitch for the defense industry, because operational costs build up while unit buys of new platforms decline in response.

So now everybody finds themselves competing fiercely for fast-growing markets in UAVs and cyber security.

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