Rolls-Royce HoldingsRolls-Royce Holdings plc is a British multinational aerospace and defence company incorporated in February 2011. The company owns Rolls-Royce, a business established in 1904 which today designs, manufactures and distributes power systems for aviation and other industries. Rolls-Royce is the world's second-largest maker of aircraft engines (after General Electric) and has major businesses in the marine propulsion and energy sectors. Rolls-Royce was the world's 16th largest defence contractor in 2018 when measured by defence revenues.
Military KeynesianismMilitary Keynesianism is an economic policy based on the position that government should raise military spending to boost economic growth. It is a fiscal stimulus policy as advocated by John Maynard Keynes. But where Keynes advocated increasing public spending on socially useful items (infrastructure in particular), additional public spending is allocated to the arms industry, the area of defense being that over which the executive exercises greater discretionary power.
Early modern periodThe early modern period of modern history spans the period after the Late Middle Ages of the post-classical era (1400–1500) to the beginning of the Age of Revolutions (1800). Although the chronological limits of this period are open to debate, the timeframe is variously demarcated by historians as beginning with the fall of Constantinople in 1453, the Renaissance period in Europe and Timurid Central Asia, the end of the Crusades, the Age of Discovery (especially the voyages of Christopher Columbus beginning in 1492 but also Vasco da Gama's discovery of the sea route to India in 1498), and ending around the French Revolution in 1789, or Napoleon's rise to power.
Peace dividendPeace dividend was a political slogan popularized by US President George H. W. Bush and UK Prime Minister Margaret Thatcher in the light of the 1988–1991 dissolution of the Soviet Union, that described the economic benefit of a decrease in defense spending. The term was frequently used at the end of the Cold War, when many Western nations significantly cut military spending such as Britain's 1990 Options for Change defence review. It is now used primarily in discussions relating to the guns versus butter theory.
BoeingThe Boeing Company (ˈboʊɪŋ) is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, telecommunications equipment, and missiles worldwide. The company also provides leasing and product support services. Boeing is among the largest global aerospace manufacturers; it is the third-largest defense contractor in the world based on 2020 revenue, and is the largest exporter in the United States by dollar value. Boeing's stock is a component of the Dow Jones Industrial Average.
Emmanuel MacronEmmanuel Jean-Michel Frédéric Macron (emanɥɛl makʁɔ̃; born 21 December 1977) is a French politician serving as President of France since 2017. Ex officio, he is also one of the two Co-Princes of Andorra. Earlier, he served as the Minister of Economics, Industry and Digital Affairs under President François Hollande from 2014 to 2016 and Deputy Secretary-General to the President from 2012 to 2014. Born in Amiens, Macron studied philosophy at Paris Nanterre University, later completing a master's degree in public affairs at Sciences Po and graduating from the École nationale d'administration in 2004.
RTX CorporationRTX Corporation (formerly Raytheon Technologies Corporation) is an American multinational aerospace and defense conglomerate headquartered in Arlington, Virginia. It is one of the largest aerospace and defense manufacturers in the world by revenue and market capitalization, as well as one of the largest providers of intelligence services. RTX manufactures aircraft engines, avionics, aerostructures, cybersecurity solutions, guided missiles, air defense systems, satellites, and drones.
Lockheed MartinThe Lockheed Martin Corporation is an American aerospace, arms, defense, information security, and technology corporation with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is headquartered in North Bethesda, Maryland, in the Washington, D.C. area. As of January 2022, Lockheed Martin employs approximately 115,000 employees worldwide, including about 60,000 engineers and scientists. Lockheed Martin is one of the largest companies in the aerospace, military support, security, and technologies industry.
