Defense Industry Revenue Forecast Gushes Over Global Turmoil
"The resurgence of global security threats" promises a lucrative "rebound" in defence spending, according to a new report by Deloitte. Total spending of top 25 nations in 2014 was $1,747 billions. US spent $609,9 billions; China follows with 216,4; Russia with $84,5 billions. And that is before the new engagements in Syria by Russia, Iran, France, and the US coalition, and the Saudis' "war on terror" (that was announced recently) and the ongoing air strikes in Yemen.
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