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The arms industry, also known as the defense (or defence) industry, military industry, or the arms trade, is a global industry which manufactures and sells weapons and other military technology to a variety of customers, including the armed forces of states and civilian individuals and organizations.
Vickers-Armstrongs Limited was a British engineering conglomerate formed by the merger of the assets of Vickers Limited and Sir W G Armstrong Whitworth & Company in 1927. The majority of the company was nationalised in the 1960s and 1970s, with the remainder being divested as Vickers plc in 1977.
The company was founded by William Armstrong in 1847, becoming Armstrong Mitchell and then Armstrong Whitworth through mergers. In 1927, it merged with Vickers Limited to form Vickers-Armstrongs , with its automobile and aircraft interests purchased by J D Siddeley .
Government and commercial industry involved in research, development, production, and service of military equipment and facilities. Subcategories This category has the following 11 subcategories, out of 11 total.
Armstrong Whitworth had developed along similar lines to Vickers, expanding into various military sectors and was notable for their artillery manufacture at Elswick and shipbuilding at a yard at High Walker on the River Tyne. Armstrongs shipbuilding interests became the "Naval Yard", those of Vickers on the west coast the "Naval Construction Yard".
The European Commission will propose on Tuesday ways for the European Union to boost its arms industry so it can shift to "war economy mode" in response to Russia’s invasion of Ukraine. Thierry ...
South Korean and Japanese arms dealers are growing almost on pace with Russia's top defense firms. New data found that South Korea's and Japan's arms revenues jumped by 39% and 35% respectively.
The European Commission, the EU's executive body, proposed spending 1.5 billion euros ($1.63 billion) to give countries incentives to buy jointly from European firms and encourage industry to ...