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June 25, 2024
US defence industry faces uncertainty despite production ‘boomlet’
Source: Financial Times
Journalist: Steff Chávez
"It is not quite a bonanza" for missiles and munitions "but it is, for the first time in a long time, a significant uptick in this area that has been sustained", said Stacie Pettyjohn, director of the defence programme at the Center for a New American Security, a think-tank.
She added that the injection of aid funds "alone isn't going to fix the problem [of inconsistent demand] or be a long-term solution, as these are sort of one-off Band-Aids."
Read the full story and more from the Financial Times.