With the U.S. defense budget set to expand in the coming years as the great power competition between Russia, China and the United States heats up, Northrop Grumman—like other defense contractors—is starting to invest in the future after a prolonged slump.
“We foresee just given the nature of the threat environment that we observe around the globe today and the number of dimensions in that threat environment that are evident, we foresee a period of time here in front of us, a rather significant period of time in front of us, where our nation and our allies are going to need to invest in their national security to deal with this,” Wes Bush, chairman and chief executive officer of Northrop Grumman told investors. “And those investments in many cases are going to be different types of investments and at the national level to ensure technological superiority, and we've got to get back to a place of technological superiority.”
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WNU Editor: Russia President Putin was telling Russian companies last year to be prepared for war production .... Vladimir Putin Tells Russian Defense Companies to Prepare for War (Newsweek). More here .... Russian President Putin Says All Big Russian Businesses Should Be Ready For War Production (November 22, 2017). Ditto from Chinese President Xi earlier this month .... Chinese President Xi tells his military to 'be ready for war' and 'not to fear death' as he addresses 7,000 soldiers (Daily Mail).
1 comment:
So, which sun lotion to get to block nuclear radiation? :)
But in all seriousness. If things keep going that direction we'll all be dead, die of cancer, or something else. ..fallout bunker & years of food supply or not.
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