Torus defence supply chain 'a model for other verticals', says CEO
According to new analysis from The Economist this week, global military spending hit $2.9trn in ...
FWRD: SHOOTING UPKNX: TRADING UPDATE ON THE WAY GM: TRADING UPDATE OUTUPS: REMEMBER THE TAILWINDS PLD: NEW RELEASEPLD: OUCHVW: NEW PARTNERS SOUGHTEXPD: AIRCRAFT ON GROUND SERVICESTSLA: JUST AS VW STRUGGLESBA: NEW BIG ORDERBA: THE ORDERBOOK GROWSPLD: PUSHING FOR A DEAL PLD: TIME TO DEALEXPD: ANOTHER ALL-TIME HIGH CHRW: NEW RECORD
FWRD: SHOOTING UPKNX: TRADING UPDATE ON THE WAY GM: TRADING UPDATE OUTUPS: REMEMBER THE TAILWINDS PLD: NEW RELEASEPLD: OUCHVW: NEW PARTNERS SOUGHTEXPD: AIRCRAFT ON GROUND SERVICESTSLA: JUST AS VW STRUGGLESBA: NEW BIG ORDERBA: THE ORDERBOOK GROWSPLD: PUSHING FOR A DEAL PLD: TIME TO DEALEXPD: ANOTHER ALL-TIME HIGH CHRW: NEW RECORD
Analysis of the armaments supply chain now employed by Islamic State, which although much of its equipment was originally abandoned by the Iraqi army, is now buying new weapons directly from factories in Bulgaria and Serbia via Saudi Arabia. Guns and ammunition are then transported from Saudi Arabia to Turkey, “despite signing an ‘end user’ agreement saying it will use the weapons itself and not sell these them to any other countries”, before being transported over the Turkey-Syria border to Islamic State consignees. “We have a supply chain which goes from an Eastern European manufacturer, to a second Eastern European country, to Saudi Arabia, to Turkey, to a Syrian opposition group and then to Islamic State in Falluja in Iraq, in less than two months. That’s almost direct. If you want to put something on a boat and float it, it’s going to take a month.”
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