Europe and Asia Pacific accelerate spending in response to emerging security threats; NATO defence spending to increase for first time since 2010
LONDON--(BUSINESS WIRE)--Security fears and threats to stability have driven many Western governments to end cuts to defence spending, according to a new report released today by IHS Inc. (NYSE: IHS), the leading global source of critical information and insight.
The IHS Jane’s Defence Budgets Annual Report examines and forecasts defence expenditure for 104 countries and captures 99 percent of global defence spend.
Key points from this year’s report:
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Growing security fears boost defence budgets new report from @IHS4DefSecRisk