Global military spending reached $1,917bn in 2019, a 3.6% increase on 2018 and the largest annual growth in the past decade, according to the Stockholm International Peace Research Institute (SIPRI).

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Harry Lye sat down with Tobias Ellwood MP, former Defence Minister and now chair of the defence select committee, to get his thoughts on emerging threats and whether the UK has what it needs to defend itself.

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The coronavirus crisis will undoubtedly have a major effect on foreign direct investment (FDI), but which sectors and regions are likely to bear the brunt?

The post FDI in a pandemic: How low will the inflows go? appeared first on Army Technology.

The UK Government’s daily coronavirus briefings to the nation have made the public more familiar with members of the Cabinet than ever and made minor celebrities of scientists and medical experts. For the first time yesterday, they were joined on the podia by the UK’s most senior military official, Chief of the Defence Staff General Sir Nick Carter, to offer an update on what the armed services and defence as a whole have been doing to support the government’s response to the Covid-19 coronavirus.

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Realistic training remains the closest thing troops can get to operational experience, but the risks it poses are evident in the number of fatal training accidents that occur every year. Julian Turner looks at the biggest risks involved in live exercises, and technologies employed to prepare personnel for combat without putting them in harm’s way.

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As Covid-19 lockdown measures continue across the world, unemployment rates have spiked, and several businesses have collapsed. Stimulus packages are key to addressing these issues and reviving the economy. Although these packages may increase national debt, they are essential to avoid a protracted recession. Rory Johnston Rory Johnston, Managing Director and Market Economist at Price …

The post Stimulus packages key to recovery from Covid-19 impact, according to leading macroeconomic influencers appeared first on Army Technology.

A poll of Army Technology readers has found that 58% of respondents think that despite the ongoing Covid-19 coronavirus pandemic the Royal Navy’s HMS Queen Elizabeth aircraft carrier should sail for trials, but only if all crew are tested.

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The measures being implemented by governments across the world to control the spread of the Covid-19 are having devastating impact on the economies. Governments have tried to introduce unemployment benefits and implement fiscal stimulus measures but they seem ineffective. Assessing the needs of the economy and easing lockdown measures is essential to revive the economy. …

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Lockheed Martin has posted positive results in Q1 of 2020 despite the ongoing Covid-19 coronavirus pandemic that is threatening business across the world.

The post Lockheed Martin posts strong Q1 but trims 2020 sales outlook appeared first on Army Technology.

Networks are now widely seen as the key element in combat, be it on a tank, ship, or aircraft, or indeed at the soldier level. At SMI Group’s Future Soldier Technology 2020, Harry Lye learned what the future connected soldier will look like from the British, Spanish, Finnish and Swiss armed forces.

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