SURVEY ANALYSIS OF THE BRITISH DEFENSE CONTRACTOR ‘BABCOCK INTERNATIONAL’

The article describes the current standing of the British defense contractor ‘Babcock International’ and estimates prospects of the business development. Today we can see the rising importance of military means, which makes research and analysis of defense complex companies more acute, as they are r...

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Autor principal:	E. O. Savchenko
Formato:	article
Lenguaje:	RU
Publicado:	Plekhanov Russian University of Economics 2020
Materias:	trends of the defense complex development defense industry uk defense complex Economics as a science HB71-74
Acceso en línea:	https://doaj.org/article/07deef63d5df45f0b5ac8f3eb735d1c4
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spelling	oai:doaj.org-article:07deef63d5df45f0b5ac8f3eb735d1c42021-11-15T05:20:49ZSURVEY ANALYSIS OF THE BRITISH DEFENSE CONTRACTOR ‘BABCOCK INTERNATIONAL’2413-28292587-925110.21686/2413-2829-2020-1-153-158https://doaj.org/article/07deef63d5df45f0b5ac8f3eb735d1c42020-02-01T00:00:00Zhttps://vest.rea.ru/jour/article/view/823https://doaj.org/toc/2413-2829https://doaj.org/toc/2587-9251The article describes the current standing of the British defense contractor ‘Babcock International’ and estimates prospects of the business development. Today we can see the rising importance of military means, which makes research and analysis of defense complex companies more acute, as they are responsible for technical realization of military tools for foreign policy of states. Academic literature pays more attention to American companies, which can be explained by their influence on the market and leading positions in the field of R & D. According to the authors, other companies, for instance ‘Babcock International’, a large British company of the sector, should also be studied. It can provide a more comprehensive view of the current standing of defense complex companies in the West and prospects of their further development. In spite of the Fact that defense expenditure of Western countries restored growth after a long period of cut-back, the authors’ analysis shows certain negative trends (which could step up) for ‘Babcock International’ business. These trends refer to other medium-size companies of Western military complex. A conclusion can be made about a coming wave of consolidation of this sector companies in the near future, mainly on the national level, which could lead to closing-down of unprofitable enterprises and mass reduction of jobs, as well as degrading technological and other related competences.E. O. SavchenkoPlekhanov Russian University of Economicsarticletrends of the defense complex developmentdefense industryuk defense complexEconomics as a scienceHB71-74RUВестник Российского экономического университета имени Г. В. Плеханова, Vol 1, Iss 1, Pp 153-158 (2020)
institution	DOAJ
collection	DOAJ
language	RU
topic	trends of the defense complex development defense industry uk defense complex Economics as a science HB71-74
spellingShingle	trends of the defense complex development defense industry uk defense complex Economics as a science HB71-74 E. O. Savchenko SURVEY ANALYSIS OF THE BRITISH DEFENSE CONTRACTOR ‘BABCOCK INTERNATIONAL’
description	The article describes the current standing of the British defense contractor ‘Babcock International’ and estimates prospects of the business development. Today we can see the rising importance of military means, which makes research and analysis of defense complex companies more acute, as they are responsible for technical realization of military tools for foreign policy of states. Academic literature pays more attention to American companies, which can be explained by their influence on the market and leading positions in the field of R & D. According to the authors, other companies, for instance ‘Babcock International’, a large British company of the sector, should also be studied. It can provide a more comprehensive view of the current standing of defense complex companies in the West and prospects of their further development. In spite of the Fact that defense expenditure of Western countries restored growth after a long period of cut-back, the authors’ analysis shows certain negative trends (which could step up) for ‘Babcock International’ business. These trends refer to other medium-size companies of Western military complex. A conclusion can be made about a coming wave of consolidation of this sector companies in the near future, mainly on the national level, which could lead to closing-down of unprofitable enterprises and mass reduction of jobs, as well as degrading technological and other related competences.
format	article
author	E. O. Savchenko
author_facet	E. O. Savchenko
author_sort	E. O. Savchenko
title	SURVEY ANALYSIS OF THE BRITISH DEFENSE CONTRACTOR ‘BABCOCK INTERNATIONAL’
title_short	SURVEY ANALYSIS OF THE BRITISH DEFENSE CONTRACTOR ‘BABCOCK INTERNATIONAL’
title_full	SURVEY ANALYSIS OF THE BRITISH DEFENSE CONTRACTOR ‘BABCOCK INTERNATIONAL’
title_fullStr	SURVEY ANALYSIS OF THE BRITISH DEFENSE CONTRACTOR ‘BABCOCK INTERNATIONAL’
title_full_unstemmed	SURVEY ANALYSIS OF THE BRITISH DEFENSE CONTRACTOR ‘BABCOCK INTERNATIONAL’
title_sort	survey analysis of the british defense contractor ‘babcock international’
publisher	Plekhanov Russian University of Economics
publishDate	2020
url	https://doaj.org/article/07deef63d5df45f0b5ac8f3eb735d1c4
work_keys_str_mv	AT eosavchenko surveyanalysisofthebritishdefensecontractorbabcockinternational
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SURVEY ANALYSIS OF THE BRITISH DEFENSE CONTRACTOR ‘BABCOCK INTERNATIONAL’

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