Missile gross sales have develop into the No. 2 protection export within the U.S., in keeping with the Stockholm Worldwide Peace Analysis Institute
Missile gross sales have develop into the No. 2 protection export within the U.S., in keeping with the Stockholm Worldwide Peace Analysis Institute. And a handful of U.S. corporations dominate manufacturing.
Like with plane, missile gross sales are primarily based on worldwide alliances and treaties. And these gross sales can develop into hot-button points, like a latest gross sales proposal of Boeing’s Harpoon missiles to Taiwan, or a failed bid to promote the Patriot missile system produced by Raytheon to Turkey.
As protection know-how turns into extra superior, cheaper options like smaller guided missiles and loitering munitions might change the dynamic on the battlefield.
“We have we have entered a sort of new missile age,” mentioned Tom Karako, a senior fellow on the Middle for Strategic and Worldwide Research.
Watch the video above to learn how the U.S. missile enterprise works, how a lot cash it makes for American protection contractors, and what’s subsequent for the way forward for the trade.