As terrorist threats loom large and emerging markets increase budgets, defense companies are consolidating and seeking partnerships.
The U.S. is home to the world's largest military budget, totalling $725 billion for fiscal 2011. However, the US defence department is planning to cut its budget by $100 billion over the next five years.
In other shifts:
For our part, MSLGROUP's work in Poland, among other markets, includes media relations, advocacy, partnerships, speaking opportunities and crisis communications. When educating Poles about their government's aircraft purchases, we have, at times, needed to correct falsehoods about alleged malfunctions. Our skilled team helps us set the record straight.
*Zacks Equity Research