in Industry News, News
Frost & Sullivan: Tech Procurement, Fleet Renewals to Steer Defense Spending in 10 Countries
A recent Frost & Sullivan report on defense markets projects military spending across 10 selected countries to reach $3.41 trillion by 2022 due to military reorganization, increased threat perceptions, penetrable borders and territorial disputes. The study covers defense budgets in Algeria, Brazil, Chile, India, Indonesia, Japan, Oman, Poland, Russia and the United Arab Emirates, the firm said Wednesday. […] More