For nearly a year US political leaders have been fighting over the federal budget. By 1 March they must either reach a deal or implement automatic and deep cuts drastically affecting the running of the military and the defence industry which it procures from.
For many years, British defence acquisition has been mired in problems and controversy. Now, the House of Commons Defence Select Committee has issued a new report, generating a coherent target list and creating a parliamentary benchmark for defence acquisition policy.
India's defence markets become ever more lucrative as the country propels itself to superpower status. However, if India wishes to use offsets to create a strong indigenous defence industry, it needs to foster a transparent and streamlined regulatory environment.