The head of Britain’s biggest defence company highlighted the challenges the industry has faced in ramping up armament production in response to the war in Ukraine, saying large increases can take up to two years.
BAE Systems chief executive Charles Woodburn said “this current generation” of European policymakers “absolutely get it” in terms of the need to have a solid industrial base, but the “question is about long-term national priorities over time”.
“Complacency can quickly set in, in times of peace, and it’s fair to say we’ve seen some of that,” he told the Financial Times, after BAE reported a record order backlog in the last financial year driven by new submarine contracts and demand from Ukraine.
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