DefenceTalkMilitary spending between 2014 and 2020 in the Middle East and North Africa will total $920 billion (662 billion euros), IHS Global Insight said in a forecast Tuesday. The US-based consulting firm did not give an overall breakdown at the end of a forum it hosted in Dubai, but said $27 billion will have been […]https://www.defencetalk.com/mena-military-spending-to-reach-920-bn-by-2020-study-59446/

DefenceTalkThe world spent less on weapons and military services in 2012 than the year before, the first annual drop since 1998, a Swedish think tank said on Monday. But despite the overall decrease, driven mainly by budget cuts in the Western countries, China and Russia both boosted spending last year, the Stockholm International Peace Research […]https://www.defencetalk.com/world-spends-less-on-military-sipri-47470/