The Future of the U.S. Defense Industry

Authors

Murray L. Weidenbaum, Washington University in St Louis

Files

Publication Date

7-1-1991

Series Information

Occasional Paper 90

Publisher

Center for the Study of American Business (CSAB), Washington University in St. Louis, St. Louis, MO 63130

Description

The U.S. defense industry is at a fork in the road and faces the prospect of substantial declines. There are two approaches that can be taken: Convert to civilian production or cut back and slim down. Conversion has a great deal of appeal, as it keeps the jobs of defense workers in place. The cut-back alternative is an austerity measure designed to maintain the financial health of the defense firms. The purpose of this paper is to provide some guidance in the selection between these two alternatives.

Keywords

Defense Industry, Conversion, Cut Backs, Outlook, Policy Alternatives

Disciplines

Economics | Public Policy

Comments

The Center for the Study of American Business (CSAB), 1975-2001, is the predecessor of the Weidenbaum Center on the Economy, Government, and Public Policy at Washington University in St. Louis. Permanent URL: http://dx.doi/org/10.7936/K75D8Q13

DOI

doi:10.7936/K75D8Q13

Recommended Citation

Weidenbaum, Murray L., "The Future of the U.S. Defense Industry", Occasional Paper 90, 1991, doi:10.7936/K75D8Q13.
Murray Weidenbaum Publications, https://openscholarship.wustl.edu/mlw_papers/112.