modern warfare economics

When cheap drones force expensive defenses, the balance of power shifts Modern warfare is in the midst of a profound change. Small, inexpensive drones are reshaping the battlefield, forcing militaries to rethink how they fight and, just as importantly, how much they spend. The problem of the negative cost-exchange ratio, when defending against a low-cost threat requires … [Read more...] about Drones and the Cost-Exchange Challenge in Modern Warfare