Pragmatism and Capitalism is what should drive companies, the defense companies should be driven by nationalism and Pragmatism, but only as long as the state pumps money into the projects they want.
Some ppl may bash Koc because they're pretty much pragmatic and capitalistic, but that is why they've survived so long. All other "minor" players in the same field has to find an alternative "branding" to even get some investors. And that's where nationalism comes into the picture.
Of course this is just my opinion. But if a company doesn't try to make money and become resistant to financial crises of any kind then they're in pretty bad shape when it goes down.
e.g. The bridge between Denmark and Sweden.
https://politiken.dk/rejser/turengaartil/europa/danmark/art6337698/Hov-vi-fik-lige-råd-til-2-storebæltsbroer-ekstra-om-året
Was built nearly 20 years ago, and today it's debt free, and ROE (Return on Equity) means Denmark got money enough to finance 2 bridges of similar design. The point of this short story is that, yes you can run a country by piling debt, but that should not be the goal, everything that is financed should breakeven or give ROE. A country having low debt will be able to weather financial crises far better than a debt ridden country.
