Friday, April 10, 2015

Global Demand Is Booming For High-Tech Military Hardware

U.S. Marine Corps pilots maneuver an AH-1Z Viper attack helicopter. Lance Cpl. Christopher O'Quin, USMC

Clay Dillow, Fortune: Global conflicts drive demand for high-tech military hardware

As tensions in the Middle East and Europe intensify, states go shopping for precision armaments that impart a technological edge.

The first quarter of 2015 hasn’t offered much in the way of relief to those hoping a new calendar year might provide some respite from the upheaval that characterized 2014. But with armed conflicts in Eastern Europe, the Middle East, and both west and east Africa continuing to pull new actors into the fray, U.S. defense contractors are facing increased demand for high-tech military hardware as foreign buyers look to shore up defenses or augment forces intervening in Iraq, Syria, Yemen, and beyond.

WNU Editor: I suspect that this boom is going to continue for a very long time.

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