Notable Point ยท 1:17:05-1:20:13

Defence procurement, skilled work and exports

Defence procurement is examined for its contribution to domestic industry, skilled employment and exports.

Notes

Defence spending is argued to have economic benefits when procurement supports domestic employment and industrial activity. Brazil, Japan and the Indian Navy are offered as favourable examples, with their programmes' problems acknowledged. Education and technology investment can be connected to industries that employ the skilled workforce they produce. Procurement can also contribute to exports and a reputation for technological capability, with Israeli weapons exports used as an example. These are conditional claims about how spending is organised.