17172. GLOBALIZATION OF NATIONAL DEFENSE INDUSTRIES. Focusing on the defense industries in the United States and the United Kingdom, this paper explores and critically evaluates some of the policy issues and challenges posed by defense globalization. The essay beings with a brief overview of globalization in general and of defense globalization in particular. Following this, the analysis focuses on four major challenges and policy issues in defense globalization: 1) technology and technology transfers; 2) procurement policy; 3) export controls; and 4) offsets. Keywords: defense military procurement globalization policy technology transfer trade. Written 2004. 10 pages; 52 footnotes; 18 bibliographic sources. 2,914 words.