Frost & Sullivan: Defence Contractors to Better Market Dual-use Technology

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Frost & Sullivan: Defence Contractors toFrost & Sullivan: Defence Contractors to Better Market Dual-use Technology PR Newswire LONDON, Jan.

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• Published by: frost-sullivan
• Published: 09 January 2014
• Reads: 11
• Language: English

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Frost & Sullivan: Defence Contractors to Better Market Dual-use Technology

PR Newswire

LONDON, Jan. 9, 2014

- Governments see great value in sharing risks with the commercial market during downturns in the defence budget cycles

With cuts in defence budgets constricting defence contractors' revenues, commercial markets are emerging as a viable alternate revenue stream. Defence contractors could leverage the technological expertise acquired while developing advanced products for Ministries of Defence (MoDs) to enter the larger commercial markets. Before that, however, they have to familiarize themselves with its practices and regulations to better market their products.