The New Criterion

A paradox of the Pentagon is that it can start a war in about five minutes, but when it comes to selecting contractors to supply the materiel the process drags on for years. As with other military bodies, the Washington…

The New Criterion

Given the current swooning stockmarket there’s plenty of talk about defensive stocks, but in the case of defence suppliers that concept has a more literal hue. In theory at least, suppliers to the military machine should be as resilient as…