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Title : Global Defense Spending To Grow Nearly 3% In 2021
link : Global Defense Spending To Grow Nearly 3% In 2021

Global Defense Spending To Grow Nearly 3% In 2021

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(Cpl. Cody Rowe/U.S. Marine Corps)

GovConWire: Deloitte: Global Defense Spending to Grow Nearly 3% in 2021 

A new Deloitte analysis forecasts global spending on defense programs to grow about 2.8 percent in 2021 as countries continue to build up their military capabilities in response to increasing geopolitical tensions amid the COVID-19 pandemic. 

“In 2021, defense budgets and revenues for defense contractors are expected to remain largely stable, as military programs continue to be critical to national defense, especially when geopolitical tensions are considered,” Deloitte said in the 2021 aerospace and defense industry outlook. 

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WNU Editor: The report is here .... 2021 aerospace and defense industry outlook (Deloitte).

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