Indo Defence 2016: ASEAN defence spending on the rise
It is becoming clear that Southeast Asia is expanding its influence in the global defence industry. Recent data suggests that the upward trend in military expenditure, indicating a desire to strengthen regional defences, is leading to numerous international trade opportunities.
In 2015 ASEAN members received imports of major defence equipment - including aircraft, engines, radars and weapons - from numerous countries such as Australia, Brazil, China, France, Italy, Russia, UK and the US. Indeed, the IHS Global Defence Trade Report 2016 stated that ASEAN defence imports increased by 71% between 2009 and 2016.
The region as a whole will
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