IHS: Asia’s Defence Budgets Bigger than North America by 2021;
Global Arms Trade Explodes, up 30 percent Since Cuts & Economic Downturn
LONDON--(BUSINESS WIRE)--Asia Pacific budgets are set to outstrip USA and Canada by 2021, fuelled by an explosion in global arms trade that threatens the competitive edge and dominance of US, UK and European defence trade according to the biggest budget and export study since the economic downturn. The study – The Balance of Trade – is presented to clients on 25 June by IHS Inc. (NYSE: IHS), the leading global source of information and analytics.
IHS
Rowland Barran, +44 (20) 8276 4727
London
Rowland.Barran@ihs.com
or
Amanda Russo, +44 (20) 8276 4727
London
Amanda.Russo@ihs.com
