DETERMINANTS OF PROFITABILITY IN AEROSPACE AND DEFENSE INDUSTRY
This work has published as an MBA thesis in 2020 to argue whether defense industry companies reap excessive profits when compared to non-defense ones.
In the end, it is not very conclusive that defense firms are more profitable in a sterile comparison. However, you will find out there are many aspects and cases where the defense industry is more profitable especially if the company has both defense and non-defense products.