Italy and the U.K. see new hurdles to arms sales
With their own national budgets on the decline, European aerospace and defense companies are turning to exports for salvation. But developments in Italy and the U.K. suggest that strategy is easier to enunciate than execute. Aerospace companies in the U.K. and Italy are worried that turmoil in the Middle East and Africa will lead to additional restrictions that will curb arms exports. For Italian companies, that could be particularly painful because some of their biggest customers ...
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