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March 23, 2016

Big Defense Money Up for Grabs in Australia

By Roberto De Primis, EURintelligence.

If you are working in defense industry, Australia is your next eldorado ! 

By 2026, the Australian Defense budget will be doubled from A$32Bn this year to A$59Bn. Canberra is particularly concerned by the China's land reclamation activities. In Asia, the trend in defense budget spending reached Eur 297Bn in 2014 (more than Europe). In that region, there is a growing concern about security and big defense companies are delighted to grab some market share in the next decade.

Courtesy of Roberto De Primis at EURintelligence.

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