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.
The proposed merger of BAE Systems and EADS has naturally attracted a number of concerns, from safeguarding sovereign defence industries to job cuts through rationalisation. But are these concerns with foundation?
The rumoured merger between EADS and BAE Systems is a reflection of longer term trends within the defence industry. But short term impediments will have to be overcome to ensure this deal goes through.