Defence Companies in the Age of Globalisation: French Defence Industry as a Case Study

Bellais, Renaud; Oudot, Jean-Michel

doi:10.1017/9781108348058.008

Search citation statements

Order By: Relevance

Paper Sections

Select...

Internationalisation1

Citation Types

Supporting

Mentioning

Contrasting

Year Published

2022

Publication Types

Select...

Other1

Relationship

Self Cite0

Independent1

Authors

Journals

Cited by 1 publication

(1 citation statement)

References 13 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The UK tends to care about the production being in the UK; the French tend to care about ownership. Oudot and Bellais (2019) discuss globalisation in the context of the French defence industry.…”

Section: Internationalisationmentioning

confidence: 99%

Defence Acquisition and Procurement

Smith

2022

View full text Add to dashboard Cite

The acquisition and procurement of major weapons systems is fraught with difficulties. They tend to be delivered late, over budget and unable to meet requirements. This Element provides an economic analysis of why this happens. Market structure, demand by the military and supply by the arms firms, shapes the conduct of the agents and generates the poor performance observed. The military are trying to counter an evolving threat, subject to a budget constraint, high R&D costs and new technologies. The interaction between a government made up of warring tribes and arms firms with considerable market and political power is further complicated by a set of what economists call 'principal-agent' problems, which are examined. While the poor performance has prompted many countries to propose reforms, the difficulty of the task and the institutional incentives faced by the actors mean that the reforms rarely solve the problem.

show abstract

Section: Internationalisationmentioning

confidence: 99%

Defence Acquisition and Procurement

Smith

2022

View full text Add to dashboard Cite

show abstract

Defence Companies in the Age of Globalisation: French Defence Industry as a Case Study

Cited by 1 publication

References 13 publications

Defence Acquisition and Procurement

Defence Acquisition and Procurement

Contact Info

Product

Resources

About