Poland defence spend set to grow in 2014

After announcing a boost in military expenditure at the start of 2014, Poland has announced details of equipment and vehicle expenditure for the coming years, including fighter jets, light tanks and infantry fighting vehicles (IFVs).

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Report highlights emerging defence markets

A new report has found that Mexico, Indonesia, Nigeria and Turkey are set to become the most attractive defence markets in the coming years, with defence and related spending increasing from US$40.6 billion to US$61.1 billion by 2019 in these economies.

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Reports examine affordability of MOD Defence Equipment Plan

Two new reports released by the National Audit Office have outlined the affordability of the MOD’s ten-year Equipment Plan, concluding that work to lay the foundations for future stability in the spending plans has had a positive effect on the Department’s ability to maintain an affordable Equipment Plan.

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UK defence privatisation plans ‘axed’

Plans by Defence Secretary Philip Hammond to transform the Government’s defence procurement arm into a Government Owned, Contractor Operated (GOCO) concern have been scrapped after two of the three bidders withdrew from the procurement process.

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