Defense Specialists

“If you go back to 1989, not that long ago, when the Berlin Wall still stood, Only six percent of major weapon system spending went to defense specialists, what we think of today as prime contractors whose only business is defense. 94% of the money for major we…”

“In 1989, only six percent of spending on major weapon systems went to defense specialists, i.e. Companies that were exclusively in the business of defense. That's not that long ago. That's when the Berlin Wall still stood. Now that number is 86%.”

“One, that, that six percent number today is 86%. So 86% of major weapons systems come from defense specialists only.”