Sunday, February 17, 2013

Strength in arms and industry across the GCC


The recent takeover by Tawazun of Al Jaber Land Systems and Tawazun's alliance with Saab demonstrate the growing importance of the GCC's defence industry base.

But such corporate consolidations and alliances are not yet the norm. They are necessary but not sufficient elements in the development of the regional defence industry. The next step must be to further reduce the disconnect between local industrial capabilities and the complex requirements of the armed forces.

To close this gap, governments will need strategies that foster greater coherence between defence and industry, through policy and the careful selection of partners backed by joint ventures.

Read more: http://www.thenational.ae/thenationalconversation/industry-insights/economics/strength-in-arms-and-industry-across-the-gcc#ixzz2L8F912qg

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