4 May 2026
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Defence Industry and State Policy in Multipolar World Order
The global defence industry is entering a new phase. For three decades after the Cold War, many countries treated defence as a necessary but controlled public expenditure. That assumption has changed. Continuous geopolitical tensions, the Russia–Ukraine war, conflict in West Asia, instability in the Indo-Pacific, cyber warfare, drone warfare, and supply-chain weaponisation have pushed governments…