Summary of an Article on Strategic Alliances in Defence Manufacturing Industry

Introduction
The main aim of the paper is to ascertain the extent of participation, the types of alliances used and the problems faced by these firms which are basically into developing and manufacturing telecommunications, transport, information, lethal platforms, and components for the operation of these platforms for military organisations.
Exposure to decreasing defence budgets of nations, global competition, and open market practices, has made the environment of the defence equipment manufacturing firms, which have constraints for technology transfers and use of popular corporate strategies due to the very nature of their business, unpredictable, uncertain, and a threat to their survival. In such a situation, strategic alliances are a good option for these firms. But given the political and commercial constraints, the best practices of the alliance formation may not be relevant to these firms. This paper looks at how these firms are practising strategic alliances.

The Defence...