Press Release: Strategy Analytics : Strategy Analytics: Defense Spending Reflects Mounting Global Concerns

BOSTON--(BUSINESS WIRE)-- #China--Increasing tensions in the Indo-Pacific region helped drive defense spending increases in 2021 and the global response to Russia's invasion of Ukraine in early 2022 will maintain this trajectory in the short-term. The Strategy Analytics Advanced Defense Systems (ADS) report "Global Defense Budget Forecast: 2021 - 2031" forecasts that global defense expenditures will exceed $3.1 trillion in 2031 in response to Russian intentions in Europe, an increasingly aggressive Chin