His words ring true today, more so in the light of data and cyber security. They should also alert us to the fact that the military-industrial-financial-data complex (MIFD) will be an expensive affair. In the USA at least, military spending is vast, and often wasteful. Finance and the ArmyTo give the military a break, all this raises two finance related questions. DronesMy final thought is on innovation, where despite inefficiencies in the way military procurement is handled, the underappreciated side of military related spending is innovation.

Source: Forbes July 10, 2021 19:07 UTC