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Article: Pot of gold: overseas companies adapting to U.S. market needs.(GLOBAL DEFENSE)(Cover story)
- Article from:
- National Defense
- Article date:
- August 1, 2006
- Author:
CopyrightCOPYRIGHT 2006 National Defense Industrial Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PARIS -- With current commitments driving the high demand for military equipment, foreign companies perceive the U.S. defense market to be the proverbial pot of gold.
Though breaking through American bureaucracy and politics to sell wares remains a daunting challenge, industry representatives at a recent international ground warfare conference here say their businesses are becoming savvier at catering to U.S. defense needs.
While European defense budgets remain on a downward slope, U.S. military spending has surged dramatically since the 9/11 attacks. Non-U.S. firms acknowledge that the Pentagon generally buys most major weapons systems from U.S. ...
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