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A survey of the Greek defence industry

Author

Listed:
  • Christos Kollias
  • Apostolos Rafailidis

Abstract

Greece yearly allocates a substantial part of its national income to defence and its defence burden is the highest among EU and NATO members. To meet the demand for military hardware it relies almost exclusively on imports, ranking among the largest conventional arms importers in the world. Despite efforts to develop a domestic defence industry, indigenous production only covers a limited proportion of Greece's demand for military equipment. The majority of weapons, including sophisticated and technologically advanced systems, are imported from the major arms producers. This paper critically surveys the Greek defence industrial base, its structure and recent performance, and assesses its future options.

Suggested Citation

  • Christos Kollias & Apostolos Rafailidis, 2003. "A survey of the Greek defence industry," Defence and Peace Economics, Taylor & Francis Journals, vol. 14(4), pages 311-324.
    • Handle: RePEc:taf:defpea:v:14:y:2003:i:4:p:311-324
    DOI: 10.1080/10242690302927
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    Cited by:

    1. Antonio Martínez González & Nuria Rueda López, 2013. "A Productivity And Efficiency Analysis Of The Security And Defence Technological And Industrial Base In Spain," Defence and Peace Economics, Taylor & Francis Journals, vol. 24(2), pages 147-171, April.
    2. Michail Ploumis, 2018. "A New Way Forward: Rebalancing the U.S. Security Cooperation with Greece in a Fast Changing Geostrategic Environment," Applied Finance and Accounting, Redfame publishing, vol. 4(1), pages 95-111, February.
    3. Kollias, Christos & Manolas, George & Paleologou, Suzanna-Maria, 2004. "Defence expenditure and economic growth in the European Union: A causality analysis," Journal of Policy Modeling, Elsevier, vol. 26(5), pages 553-569, July.
    4. Mohammad Nourani & Wen‐Min Lu & Irene Wei Kiong Ting, 2020. "Vicarious warfare and dynamic efficiency of companies in the aerospace and defence industry," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 41(4), pages 641-650, June.

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