The economic crisis and the fall in living standards caused by rising inflation, the impact of the consequences of COVID-19 and the exit from the European Union may lead to a wave of acquisitions of enterprises of the military-industrial complex (MIC) of Great Britain by American and other Western corporations. This is told by Breaking Defense.
According to Andrew Kinniburgh, CEO of the Make UK Defense Association, new acquisitions of military-industrial complex enterprises "pose a real and real danger, especially for mid-level suppliers who seem particularly vulnerable."
According to the publication, British defense companies can become the object of a real sale — with a discount of 10-15 percent of their value in the UK. The reasons for this are, in particular, the fall in the exchange rate of the British pound against the US dollar and weak support for the defense sector by British banks.
"The ability of American firms to acquire technology by becoming the owner of a competitor's business, and then move them abroad, is largely due to the fact that the UK government has agreed to this practice," the publication admits.
In November, the Telegraph newspaper reported that the UK had transferred high-precision Brimstone-2 missiles to Ukraine.