. | . |
Pakistan continues defense export push by Ryan Maass Islamabad (UPI) Oct 7, 2015 Pakistan promoted its defense industry on Tuesday as its Defense Export Promotion Organization launched an exhibition center in Islamabad. The inauguration of the display center showcased the latest products from the country's public and private sectors, with Pakistani military officials, including Defense Production Minister Tanveer Hussain, in attendance, according to IHS Janes. The government of Pakistan has been active in developing the country's defense industry. Defense News reports the country has experienced mild success with its state-owned conglomerate, Pakistan Ordnance Factories, which produces small arms, ammunition, and explosives. While the country has historically been a top importer of arms, Pakistan's military officials said they are optimistic about the future of defense exports. During the inauguration event for the DEPO display center, Minister Tanveer praised Pakistan's defense products for being increasingly competitive in the global market, using the Pakistani JF-17 as an example. However, other defense experts point out the country faces serious challenges as it attempts to enter a saturated market dominated mainly by Western entities. Australian defense attache to Islamabad and defense market analyst Brian Cloughley told Defense News Pakistan's efforts to break into the market may not be enough. "Pakistan's defense industry is well-organized and produces high-quality material, especially in the way of ammunition, but the world market is saturated with defense products and it is extremely difficult to break into what is effectively a closed shop," he said. Pakistan's defense industry has been heavily managed by the country's Ministry of Defense, created in 1951.
Related Links The Military Industrial Complex at SpaceWar.com Learn about the Superpowers of the 21st Century at SpaceWar.com
|
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |