GO
Loading...

Defense Market is moving from West to East: Safran CEO

Monday, 9 Jul 2012 | 3:30 AM ET

"In Europe we are likely to have five very difficult years with low defense budgets, in the US there are also some very significant cuts, on the other hand emerging countries are still investing a lot in their defense," Jean-Paul Herteman, CEO of Safran, told CNBC."