Tag: arms industry

Most Germans say defence industry investments justifiable

Employees at Rheinmetall work on a cannon for the Leopard 2A4 battle tank in Lower Saxony, Unterluess on June 06, 2023 | File Photo: Philipp Schulze/dpa

Over 56 percent of respondents polled by the opinion research institute Innofact said private investments in the arms industry were justifiable, in a significant change from 2022 when 53 percent of respondents still had reservations about investing in defence companies. Since then, the prospect of higher government defence spending in Germany and many other countries has driven many stocks to record highs.

Why blacklisting doesn’t work

Blacklisting is the politician’s response to cop out of responsibility for ensuring a corruption free defense acquisition process, that serves no purpose for either the Indian armed forces or the taxpayer, and is effectively the application of rules that govern the PWD (Public Works Department).