ABU DHABI, United Arab Emirates — There’s always an element of the surreal at arms fairs. You catch it in the chipper tone of salespeople hawking new instruments of destruction; in the euphemisms — “defense” instead of “warfare,” “weapons platforms” rather than “guns” — sprinkled throughout glossy brochures; in the
all this might be affected so if you look at the most furthest end of the spectrum it could be quite substantial. fascinating, dennis lillee, thank you, we appreciate your expertise in this and we will keep an eye on both cases. dennis lee. now let s focus on the defence industry. business is booming and a key reason why is the war in ukraine. as nations provide military aid to ukraine, in the form of missiles and tanks, the companies that build that equipment are growing, with some of the biggest defence companies like lockheed martin and bae systems seeing a marked uptick in their share prices. and this is an industry of particular importance here in the uk, supplying tens of thousands of jobs. after the us the uk is the second largest military donor to ukraine, committing 2.3 billion pounds last year. let s talk to kevin craven, chief executive of ads group, a uk defence trade body.
and china, for example, so we are very transparent year and the west and all of these figures are easily accessible. 0k, kevin, thank you for your time, chief executive of ads group explaining how the defence industry has has been impacted, and changed throughout the war. we looking at the end very desperate! different aspects of the economy. mountain biking is helping to revive communities in australia beset by years of bushfires, floods and depopulation. it s estimated that riders pump us $430 million us dollars into the national economy each year, supporting an industry that employs thousands of people. from nowra in new south wales, phil mercer reports. carving out an economy all of its own, mountain biking in australia is surging