IHS Markit: Military Procurement Efforts to Drive Defense Spending in Middle East
A new report by IHS Markit says defense budgets in the Middle East will start to increase in 2017 driven by the region’s plans to ramp up acquisition of new military platforms and capabilities in support of regional operations. IHS Jane’s predicts a 2 to 3 percent rise in Middle East defense budget by 2018 and expects […] More