What a Trump victory could mean for the defence industry
The incoming administration has said it would invest in air defence capabilities. (Photo: US Army)
Trump claimed that the US wanted “a strong and powerful military” in his victory speech.
The expected victory of Donald Trump for a second term as US president will undoubtedly have a huge impact on the national defence industry. During his campaign, Trump claimed that investments in military capabilities and production capacities would increase to overmatch China, Russia and other peer adversaries were he to beat Democratic Party candidate Kamala Harris.
“We want a strong and powerful military and, ideally, we don’t have to use it,” Trump said during a speech to his supporters in West Palm Beach, Florida, on 6 November, after being named as the projected winner of the 2024 presidential election by
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