Though still adjusting to the end of the Cold War, the defense industry is now confronted with the prospect of military transformation. Since the terrorist attacks on 11 September 2001, many firms have seen business improve in response to the subsequent large increase in the defense budget. But in the longer run, the defense sector's military customers intend to reinvent themselves for a future that may require the acquisition of unfamiliar weapons and support systems.
Dombrowski, Peter J.; Gholz, Eugene; and Ross, Andrew L., "Military Transformation and the Defense Industry after Next" (2003). The Newport Papers. 18.