The Reconstruction of the National Defense Industry, a Historic Opportunity
Prior to 1989, the defense industry in Romania was an important contributor to the state budget, bringing in hundreds of millions of dollars and providing extensive employment. At that time, Romania ranked ninth in the world in terms of export of armament. In the early 1980s, Romania exported arms worth $670 million. More than that, two thirds of the armament and ammunition required by the Romanian Armed Forces were covered by internal production, which is an important security factor in a country’s ability to sustain a prolonged conflict. More
