Military spending is increasing rapidly around the world. But it is arms, not budgets, that deter. And producing them requires the right sort of defence industry, tailored to the wars of the future https://t.co/5eM6H2wAsBPhoto: Erin Schaff/The New York Times/Redux/Eyevine pic.twitter.com/OTxEXlbyfe— The Economist (@TheEconomist) April 23, 2026