BAE Systems Like Most Military Contractors Are Shifting their Expertise Overseas

BAE is targeting Brazil and the Gulf states for naval and aircraft business as well as Far East countries.

BAE Systems May Shift Expertise Overseas -- The Telegraph

BAE Systems is considering moving more of its defence equipment business overseas as it attempts to offset extensive cuts in spending in the US and Britain, its two main markets.

Analysts feel Britain’s biggest defence manufacturer will have little option but to offer to transfer some of its expertise overseas as the price for breaking into new markets.

BAE is targeting Brazil and the Gulf states for naval and aircraft business as well as Far East countries but the setback in India over the loss of a Typhoon contract is an indication of the tougher competition in what the group had regarded as an extension of the “home market.”

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My Comment: I expect this trend to continue for all military contractors. If you want the business you will need to have a physical presence 'over there' .... and to also manufacture (or assemble) the end product in your customer's country.