India steadily increases defense spending

The headline on this article in the Daily Telegraph is a little misleading once you read it. India is on a path to more then double defense spending in the next twenty years, where it will be higher then the current UK’s budget. For India to exceed Britain’s budget it would take the UK holding spending steady, and actually adjusted for inflation, reducing it. It is certainly possible to imagine that the UK, and the US for that matter, may have to reduce spending as the budgetary reality catches up to them regarding the cost of social services and deficit spending. The other point of the story the money that India is putting into updating and modernizing their military by moving to buying advanced Western weapons rather then relying on Russian and indigenous producers is probably more important then the amount of spending.

The article by David Blair and Thomas Harding can be found here.

Even small contracts make a difference

Here is a little article about the Army buying safety gloves. Even this small contract, no value given, will allow the company to hire more workers and invest in machinery. Of course the problem with these kind of contracts is unless the supplier can find new commercial customers or get a continuous stream of DoD orders the jobs will end in a set period of time. Read more