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Can Defence Industry Re-ignite The Economy?

机译:国防工业可以重燃经济吗?

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After a bull run lasting for much of the present decade, global defence expenditure is starting to stutter. Jane's expects military spending in the world's largest market - the United States - to fall by USD75 billion in real terms by 2010 from its 2008 peak of USD696 billion. The 27-nation EU, meanwhile, is in no position to take up the slack. The combined budgets of the trading bloc are on course to edge up just two per cent (USD6 billion) to USD297 billion over the next two years. That leaner times have come after a boom that saw global expenditure swell from USD1.0 trillion in FY04 to USD1.47 trillion this year - helping to push global defence and aerospace revenues from USD427 billion in 2004 to USD804 trillion in 2007 - offers little comfort. The loss of 1,000 jobs from the US and UK plants of BAE Systems and Boeing (200 and 800 respectively) reported by Jane's on 20 November followed a series of payroll reductions across the industry, with bleak announcements being made by Rockwell Collins (cutting 300 jobs) and Bell Helicopter (500) during the preceding weeks.
机译:在经历了当前十年大部分时间的牛市之后,全球国防开支开始停滞不前。简氏预计,到2010年,全球最大市场-美国的军事开支实际将比2008年的峰值6,690亿美元减少750亿美元。同时,由27个国家组成的欧盟无力承担这一懈怠。贸易集团的合并预算在未来两年内将仅增加2%(60亿美元),达到2970亿美元。景气低迷的时期是在繁荣之后,全球支出从2004财年的1.0万亿美元激增至今年的1.47万亿美元,这有助于将全球国防和航空业的收入从2004年的4,270亿美元增加到2007年的804万亿美元-几乎没有安慰。 Jane's于11月20日报告说,BAE Systems和波音公司在美国和英国的工厂损失了1,000个工作岗位(分别为200和800),随后整个行业出现了一系列的薪资减少,罗克韦尔·柯林斯宣布了惨淡的消息(裁员300人) )和贝尔直升机(500)。

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