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IHS has reported a “record-breaking” $65 billion in global defense trade for 2015 after examining trends worldwide across 65 countries based on 40,000 programs in the firm’s Aerospace, Defense & Security’s markets forecast database. IHS said Monday the Global Defense Trade Report noted the Middle East as the largest importing region with an approximate $21.6 billion in defense equipment deliveries. “The global […] More
A new report by IHSÂ indicates that the global defense market saw increased trading activity for the sixth consecutive year, a 13.4 percent growth rate from $56.8 billion in 2013 to $64.4 billion in 2014. “This record figure has been driven by unparalleled demand from the emerging economies for military aircraft and an escalation of regional […] More
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