The main goal of the defense industry is to develop and manufacture products that further the protection of a country. These products are typically very expensive and specialized, and manufacturers will often contract with the military to produce them. American defense firms produce most of the world’s weapons, from fighter jets to combat ships and hypersonic missiles.
The defense industry as it exists today first started with the use of airplanes and various vehicles in battle during World War I and II. Manufacturers started producing war goods and many continued after the war was over. Since that time, new threats have become evident, with terrorism spurring the development of the defense industry. An increased focus on strengthening the military is expected to continue throughout 2019.
Development of New Threats
Research and development are critical to the defense industry due to old and new threats, including chemical and biological warfare, … Read More...