The experience of diversification of foreign defence companies
Strategic alternatives for the development of the military industrial complex of international companies, as well as the basis for successful diversification of the defence industry into a new industry, are presented. Successful examples of diversification of foreign defence companies are given, which confirm that diversification is successful and contributes to an increase in shareholder value only when the structure of the new industry chosen by the defence company allows the company to earn income that exceeds the cost of capital. The key factors that have ensured the success of diversification into new industries are identified.