Rampart Portfolio Partners LLC - MDEF Investing Defense - TopicsExpress

Rampart Portfolio Partners LLC - MDEF Investing Defense Procurement Continues (DEMAND) It looks as if the US is being by-passed again by our allies. It is understandable that India prefers a customized BMD to defend against Pakistan ... Its the addition of the fear of China that caught my attention - as well as the cost. These systems cost billions (USDs) to build and billions more to maintain, Heres the money quote (full article follows): “The Indians were looking for Israeli expertise and technology that would allow New Dehli to eventually work on its own in BMD,” the source said. “They were not interested in an off-the-shelf Arrow purchase.”

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