People: Terrorism spend draws Blood
Dean Blood, chief executive officer of Datong, supplier of equipment to intelligence services and the military, is keeping his spirits up, despite government plans to cut spending on defence and policing. He argues that some details of the retrenchment programme have been overlooked by the City, notably the fact that anti-terrorism expenditure has been spared.
Blood concedes that ‘there are cuts to policing’, but stresses that ‘spending on terrorism has been ring-fenced, as has spending on IEDs [Improvised Explosive Devices].’
In addition, he notes that ‘cuts in the military will not affect us as much as you might think – our equipment is much more cost effective than buying tanks or planes’. Datong refuses to discuss its clients, noting only that they include ‘intelligence services in Europe and the Americas.’
‘Nowadays, it’s not about battles at sea,’ Blood declares. ‘Warfare is about individual targets in tough terrain.’
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