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The Future of the Defence Firm

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  • Keith Hartley
  • Todd Sandler

Abstract

This paper focuses on the future of the defence firm. It forecasts that the defence firm of 2050 will be radically different, reflecting a combination of technology, economic and political factors. To provide insights into the future, the paper starts by outlining recent changes in the size, structure and organization of defence firms and industries. It concludes by suggesting that the defence firm has a future and that it will focus on systems integration with new and different forms of industrial organization and will include new entrants.

Suggested Citation

  • Keith Hartley & Todd Sandler, 2003. "The Future of the Defence Firm," Kyklos, Wiley Blackwell, vol. 56(3), pages 361-380, August.
    • Handle: RePEc:bla:kyklos:v:56:y:2003:i:3:p:361-380
    DOI: 10.1046/j.0023-5962.2003.00225.x
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    Cited by:

    1. Keith Hayward, 2005. "'I have seen the future and it works': The US defence industry transformation - lessons for the UK defence industrial base," Defence and Peace Economics, Taylor & Francis Journals, vol. 16(2), pages 127-141.
    2. ., 2014. "A company case study. BAE Systems: achievements, rivals and prospects," Chapters, in: The Political Economy of Aerospace Industries, chapter 8, pages 141-161, Edward Elgar Publishing.
    3. Paul Dowdall & Derek Braddon & Keith Hartley, 2004. "The UK defence electronics industry: adjusting to change," Defence and Peace Economics, Taylor & Francis Journals, vol. 15(6), pages 565-586.
    4. Gangopadhyay Partha, 2014. "A Formal Model of Arms Market with Cash-for-Favours," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 20(3), pages 1-18, August.
    5. Besancenot, Damien & Vranceanu, Radu, 2005. "Le financement public du secteur de la défense, une source d'inefficacité," ESSEC Working Papers DR 05008, ESSEC Research Center, ESSEC Business School.
    6. Damien Besancenot & Radu Vranceanu, 2006. "European Defence Firms: The Information Barrier On Private Finance," Defence and Peace Economics, Taylor & Francis Journals, vol. 17(1), pages 23-36.
    7. Keith Hartley & Richard White & David Chaundy, 1997. "Government and industry performance: a comparative study," Applied Economics, Taylor & Francis Journals, vol. 29(9), pages 1227-1237.
    8. Gholz, Eugene & James, Andrew D. & Speller, Thomas H., 2018. "The second face of systems integration: An empirical analysis of supply chains to complex product systems," Research Policy, Elsevier, vol. 47(8), pages 1478-1494.

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