Arms industry in the context of "Airbus Defence and Space"

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⭐ Core Definition: Arms industry

The arms industry, also known as the defense (or defence) industry or military industry is a global industry which manufactures and sells weapons and other military technology to a variety of customers, including the armed forces of states and civilian individuals and organizations. Products of the arms industry include weapons, munitions, weapons platforms, communications systems, and other electronics, and related equipment. The arms industry also provides defense-related services, such as logistical and operational support. As a matter of policy, many governments of industrialized countries maintain or support a network of organizations, facilities, and resources to produce weapons and equipment for their military forces (and sometimes those of other countries). This is often referred to as a defense industrial base. Entities involved in arms production for military purposes vary widely, and include private sector commercial firms, state-owned enterprises and public sector organizations, and scientific and academic institutions. Such entities perform a wide variety of functions, including research and development, engineering, production, and servicing of military material, equipment, and facilities. The weapons they produce are often made, maintained, and stored in arsenals.

In some regions of the world, there is a substantial legal trade in firearms for use by individuals (commonly cited purposes include self-defense and hunting/sporting). Illegal small arms trade occurs in many countries and regions affected by political instability.

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👉 Arms industry in the context of Airbus Defence and Space

Airbus Defence and Space is the defence and space systems subsidiary of Airbus. Formed in 2014 during the restructuring of the European Aeronautic Defence and Space Company, the predecessor of Airbus. The subsidiary consists of the company's the former Airbus Military, Astrium, and Cassidian [de] divisions. Contributing 21% of Airbus revenues in 2016, it is the second largest space company in the world.

Plans have been announced to merge the Space Systems and Space Digital divisions of Airbus Defence and Space, Telespazio, and Thales Alenia Space into a new joint venture owned by Airbus (35%), Leonardo (32.5%), and Thales (32.5%). The combined entity would have had an estimated annual turnover of €6.5 billion. If approved by regulators, the new company is expected to be operational in 2027.

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Arms industry in the context of Economy of Russia

The economy of Russia is a high-income, industrialized, mixed and market-oriented emerging economy. It has the ninth-largest economy in the world by nominal GDP and the fourth-largest economy by GDP (PPP). Due to a volatile currency exchange rate, its GDP measured in nominal terms fluctuates sharply. Russia was the last major economy to join the World Trade Organization (WTO), becoming a member in 2012.

Russia has large amounts of energy resources throughout its vast landmass, particularly natural gas and petroleum, which play a crucial role in its energy self-sufficiency and exports. The country has been widely described as an energy superpower; with it having the largest natural gas reserves in the world, the second-largest coal reserves, the eighth-largest oil reserves, and the largest oil shale reserves in Europe. Russia is the third-largest exporter of natural gas, the second-largest natural gas producer, the second-largest oil exporter and producer, and the third-largest coal exporter. As of 2020, its foreign exchange reserves were the fifth-largest in the world. Russia has a labour force of about 73 million people, which is the eighth-largest in the world. It is the third-largest exporter of arms in the world. The large oil and gas sector accounted up to 30% of Russia's federal budget revenues in 2024, down from 50% in the mid-2010s, suggesting economic diversification.

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Arms industry in the context of Conglomerate (company)

A conglomerate (/kəŋˈɡlɒmərət/) is a type of multi-industry company that consists of several different and unrelated business entities that operate in various industries. A conglomerate usually is a parent company that owns and controls many subsidiaries, which are legally independent but financially and strategically dependent on the parent company. Conglomerates are often large and multinational corporations that have a global presence and a diversified portfolio of products and services. Conglomerates can be formed by merger and acquisitions, spin-offs, or joint ventures.

Conglomerates are common in many countries and sectors, such as media, banking, energy, mining, manufacturing, retail, defense, and transportation. This type of organization aims to achieve economies of scale, market power, risk diversification, and financial synergy. However, they also face challenges such as complexity, bureaucracy, agency problems, and regulation.

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Arms industry in the context of Wehrmacht

The Wehrmacht (German pronunciation: [ˈveːɐ̯maxt] , lit.'defence force') were the unified armed forces of Nazi Germany from 1935 to 1945. It consisted of the Heer (army), the Kriegsmarine (navy) and the Luftwaffe (air force). The designation "Wehrmacht" replaced the previously used term Reichswehr (Reich Defence) and was the manifestation of the Nazi regime's efforts to rearm Germany to a greater extent than the Treaty of Versailles permitted.

After the Nazi rise to power in 1933, one of Adolf Hitler's most overt and bellicose moves was to establish the Wehrmacht, a modern offensively-capable armed force, fulfilling the Nazi regime's long-term goals of regaining lost territory as well as gaining new territory and dominating its neighbours. This required the reinstatement of conscription and massive investment and defence spending on the arms industry.

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Arms industry in the context of Larsen and Toubro

Larsen & Toubro Limited (L&T) is an Indian multinational conglomerate, with interests in industrial technology, heavy industry, engineering, construction, manufacturing, power, information technology, defence and financial services. It is headquartered in Mumbai, Maharashtra.

L&T was founded in 1938 in Bombay by Danish engineers Henning Holck-Larsen and Søren Kristian Toubro.

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Arms industry in the context of Military–industrial complex

The expression military–industrial complex (MIC) describes the relationship between a country's military and the defense industry that supplies it, seen together as a vested interest which influences public policy. A driving factor behind the relationship between the military and the defense corporations is that both sides benefit—one side from obtaining weapons, and the other from being paid to supply them. The term is most often used in reference to the system behind the armed forces of the United States, where the relationship is most prevalent due to close links among defense contractors, the Department of Defense, and politicians. The expression gained popularity after a warning of the relationship's harmful effects, in the farewell address of U.S. President Dwight D. Eisenhower in 1961. The term has also been used in relation to Russia, especially since its 2022 invasion of Ukraine.

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Arms industry in the context of Firearms manufacturer

Major companies produce weapons and munitions for military, paramilitary, government agency and civilian use. The companies are listed by their full name followed by the short form, or common acronym, if any, in parentheses. The country the company is based in, if the information is available, follows that.

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Arms industry in the context of Almaz-Antey

JSC Concern VKO "Almaz-Antey" (Russian: ОАО "Концерн ВКО "Алмаз-Антей"») is a Russian state-owned company in the arms industry, a result of a merger of Antey Corporation and NPO Almaz, unifying some of the national military enterprises, in particular, the developers of anti-aircraft defence and cruise missile systems. The organisation is headquartered in Moscow and is the world's eighth-largest defence contractor measured by 2017 defence revenues. In 2017, Almaz-Antey had arms sales of $9.125 billion.

The Almaz-Antey group produce air defense systems, firearms for aircraft and armored vehicles, artillery shells and surface-to-surface missiles, airspace surveillance and coordination and artillery radars. The group also manufacture civilian products such as navigation systems, air traffic systems, civil airtraffic- and weather radars, sewage cleaning systems, ventilation valves for nuclear power plants, and plastic packaging for cosmetics and food products.

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Arms industry in the context of Morgenthau Plan

The Morgenthau Plan was a proposal to weaken Germany following World War II by eliminating its arms industry and civilian industry. This included the removal or destruction of all industrial plants and equipment in the Ruhr and included deporting millions of Germans to various labour camps across Europe to serve as war reparations mainly in the Soviet Union, French Empire, USA and British Empire. It was first proposed by United States Secretary of the Treasury Henry Morgenthau Jr. in a 1944 memorandum entitled Suggested Post-Surrender Program for Germany.

While the Morgenthau Plan had some influence until 10 July 1947 (adoption of JCS 1779) on Allied planning for the occupation of Germany, it was not adopted. US occupation policies aimed at "industrial disarmament", but contained a number of deliberate loopholes, limiting any action to short-term military measures and preventing large-scale destruction of mines and industrial plants, giving wide-ranging discretion to the military governor and Morgenthau's opponents at the War Department. An investigation by Herbert Hoover concluded the plan was unworkable, and would result in up to 25 million Germans dying from starvation. From 1947, US policies aimed at restoring a "stable and productive Germany" and were soon followed by the Marshall Plan.

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