The U.K. defense industry remains insulated from global recession compared to other market verticals, with government defence spending fixed into long-term programmes and immune from short-term economic cycles, Frost & Sullivan research analysts said. Unlike small low-spending countries whose defense budgets will be severely impacted, the UK will sustain spending levels over the long term. Moreover, "because defense technology and product expertise have strong parallel opportunities in commercial aviation and homeland security, they are well positioned to offset decline in…
U.K. Defense Industry Can Weather Global Recession, Analysts Say
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