“Because of ISIS, because of the Houthi in the south, there is a lot of emphasis on ground combat, and that is tactical, logistical and attack aircraft.” – Aleksandar JovovicWASHINGTON, DC — Current geopolitics in the Middle East dictate that ISIS will likely influence groups in Saudi Arabia, Yemen and Turkey, among other countries. While these threats promote defense acquisitions to better equip land forces, Iran’s actions fuel the maritime, missile, and aviation sectors. As Defense News reports, The MENA region is arming itself to the teeth in an arms race that has resulted in a bullish defense market abroad while US defense markets are in decline.
Avascent expects MENA land equipment spending to hit $8.4 billion in 2015, fueled by the hybridized threat that ISIS presents. Fighting the Islamic State is also “fueling spending on anti-armor and anti-tank missiles, such as the Javelin according to Alek Jovovic, principal at Avascent. Meanwhile, investments are being made in mine protected vehicles, UAVs for ISR capabilities, and more sophisticated communications systems.
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