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The Defence Industry in the 21st Century

The Defence Industry in the 21st Century With nine countries (and their collective industrial prowess) involved in its development, the F-35 repre- sents a new model of inter- national cooperation, ensuring affordable and coalition partner security well into the 21st Century Sources: Photograph by US Department of Defense, Quote by Lockheed Martin Corporation Thinking Global or thinking American? With nine countries (and their collective industrial prowess) involved in its development, the F-35 represents a new model of international cooperation, ensuring affordable and coalition partner security well into the 21st Century . Sources: Photograph by US Department of Defense, Quote by Lockheed Martin Corporation Welcome The purpose of this paper is to provoke a debate. To stimulate further the dialogue we enjoy with our clients around the world. As the world's largest professional services firm, PricewaterhouseCoopers works with clients in every segment of the Defence Industry from the Americas to the whole of Europe.

Foreign Military Sales (FMS): FMS is the government-to-government channel for procuring United States defense equipment, services and training as a total package. The Department of Defense manages FMS on a no-profit and no-loss basis. The advantage of using FMS is the total-package concept where purchasing nations obtain United

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