A bruising setback for EADS
Not every affiliate of Europe's EADS defense group is popping the champagne corks in the United Arab Emirates at the [...]
The North Atlantic Treaty Organization (NATO) is a North American and European defensive alliance of 28 countries. NATO members are supposed to spend 2% of their GDP on defence. NATO’s budget accounts for 70% of the world’s military expenditure, the majority of which comes from the United States.
The withdrawal of NATO troops from Afghanistan next year will have a profound impact on the private security marketplace, substantially narrowing firms’ opportunities. In anticipation of fewer government contracts, several companies have already started to diversify the services they offer [. [...]