By Luigi Peluso and Jakob Gattinger, Alvarez & Marsal
With wars in Ukraine and the Middle East persistent, and growing tension in the South China Sea spreading across the Indo-Pacific, renewed focus has been brought to the health of the defense industrial base (DIB). The “last supper” in the mid-1990s ushered in an era of consolidation, capacity cuts and lower investment in the capabilities that conflicts between state actors bring about.
