Arms trade

Report: Western Defense Industry Future Imperiled by Local Programs

A global push to grow domestic defense industries will have a dramatic impact on the Western defense export market over the next decade, a new report is warning.

Authored by Daniel Yoon and Doug Berenson, the report by Avascent, “Dynamics of International Military Modernization 2016,” concludes that while many challengers will emerge, the trio of Israel, South Korea and Brazil provide the most immediate threats to Western markets

Ironically, the market threat is one with its origins in Western exports, with the authors noting that “in many cases, these emerging players developed through diffused technology via prior export arrangements with Western suppliers, often through offsets requirements and domestic industry participation.”