Egypt Institute Journal (Vol. 6- Issue 21) / studies
Military Spending and Armament Policies under Corona
The impact of COVID-19 on the military and defense industries can be assessed through three main topics: human resources, manufacturing and logistic networks, and programs and budgets. The most prominent danger posed by Corona was the threat to human life. As the pandemic rapidly spread across the world, infecting tens of millions following its outbreak in China in late 2019, which led to the interruption of social and commercial life for several months, and caused a considerable workforce loss due to deaths or temporary inability resulting from the epidemic effects on those infected. This impact was particularly pronounced in small and medium-sized companies that usually employ a small number of personnel. Due to the closures, quarantine and leaves, companies were unable to continue their routine work as they had used to.