Transfer of Technology: A Strategic Partnership in Defence Investment
For a country like Indonesia that is currently striving to not only modernise its armed forces but also develop its domestic defence industry to penetrate the global market, making long-term investments in defence technology is a must. Not only will it enable Jakarta to forge more complex strategic partnerships with other countries, prioritising long-term investments, it will also provide domestic defence companies with a more stable outlook on economies of scale and return on investment. In parallel, successful investments in defence-related technology provide Indonesia’s manufacturing sector with new opportunities to be part of the global supply chain of the expanding regional and global arms market.