Current trends of the world armaments market - implications for Romania Cover Image

Tendințe actuale ale pieței mondiale de armament - implicații pentru România
Current trends of the world armaments market - implications for Romania

Author(s): Lucian IVAN
Subject(s): Security and defense, Military policy
Published by: INFOSFERA - Revista de studii de securitate si Informații pentru Apărare
Keywords: defense industry; military products; European Defense Fund; investment; technology; research;

Summary/Abstract: International defence market is characterised by dynamism generated by the involvement of new actors on emergent markets, as well as recalibration and reorientation of defence strategic policies of some relevant states who allocated substantial funds for acquisition of modern defence equipment and technologies.Moreover, big producers of defence equipment and technologies ”dictate” trends of modern military systems from economical point of view, through continuously adaptation of products to modern warfare paradigm. In order to achieve this strategic objective, relevant funds are invested into research & development domain, in order to ensure continuously modernization of existing military equipment and to create new products that are capable to face dynamic needs of international defence market.

  • Issue Year: XI/2019
  • Issue No: 4
  • Page Range: 58-63
  • Page Count: 6
  • Language: Romanian