PRIVATE INVESTORS MUST PILE CASH INTO DEFENCE TO FILL PUBLIC FUNDING GAP, EXECUTIVES SAY

Private investors are needed to funnel cash into European defence companies to plug the gap left by cash-strapped governments, but too often ​bottlenecks and barriers are discouraging investment, senior finance executives told the Farnborough Airshow ‌on Monday.

“Public spending will not be enough, and we do need to mobilise private capital at scale," Cathal Deasy, global co-head of investment banking at British bank Barclays, told delegates, adding national ​governments needed to act faster and provide more clarity.

Learn More