Planning and Profits
The Military-Industrial Complex and British Naval Arms Manufacture, 1918-41
In a time of great need for Britain, a small coterie of influential businessmen gained access to secret information on industrial mobilisation as advisers to the Principal Supply Officers Committee. They provided the state with priceless advice, but, as ‘insiders’ utilised their access to information to build a business empire at a fraction of the normal costs. Outsiders, in contrast, lacked influence and were forced together into a defensive ‘ring’ – or cartel – which effectively fixed prices for British warships. By the 1930s, the cartel grew into one of the most sophisticated profiteering groups of its day.
This is the story of how these men profited while effectively saving the National Government from itself.
Christopher Miller is Research Fellow in Business History at the University of Glasgow.
Size: 239 x 163 mm
10 B&W illustrations
Publication: December 31, 2017
Series: Research in Maritime History 53