He is quite correct though. By calling it "defence" industry, it is insinuated that this is always a moral right use of arms. In reality one would have to look on a case by case basis to see which use really qualifies as defence. In many cases I would not call it defence, for instance, if money is used to overthrow other governments and so forth. Or the Falklands War as an example - technically one could claim the UK had to "defence" its territory, but at the same time one has to question the use of colonies in the first place.