UK markets close in 8 hours 28 minutes
  • FTSE 100

    6,588.53
    +105.10 (+1.62%)
     
  • FTSE 250

    21,221.46
    +311.09 (+1.49%)
     
  • AIM

    1,192.17
    0.00 (0.00%)
     
  • GBP/EUR

    1.1560
    +0.0007 (+0.06%)
     
  • GBP/USD

    1.3883
    -0.0038 (-0.27%)
     
  • BTC-GBP

    34,964.78
    +1,714.19 (+5.16%)
     
  • CMC Crypto 200

    973.49
    -13.16 (-1.33%)
     
  • S&P 500

    3,901.82
    +90.67 (+2.38%)
     
  • DOW

    31,535.51
    +603.14 (+1.95%)
     
  • CRUDE OIL

    59.92
    -0.72 (-1.19%)
     
  • GOLD FUTURES

    1,715.80
    -7.20 (-0.42%)
     
  • NIKKEI 225

    29,408.17
    -255.33 (-0.86%)
     
  • HANG SENG

    29,081.44
    -371.13 (-1.26%)
     
  • DAX

    14,012.82
    +226.53 (+1.64%)
     
  • CAC 40

    5,792.79
    +89.57 (+1.57%)
     

Indonesia Defense Transformation Driving Indigenous Industry Growth

ReportLinker
·1-min read

Regional geopolitics, increasing tension in the South China Sea, internal conflicts, and the impact of COVID-19 continue to shape Indonesia’s defense landscape. The country seeks to upgrade and improve its indigenous industry and capability, especially in maritime and air defense, in line with the government’s goal of a Minimum Essential Force by 2024.

New York, Feb. 18, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Indonesia Defense Transformation Driving Indigenous Industry Growth" - https://www.reportlinker.com/p06025977/?utm_source=GNW


The objective is being realized with significant budget allocations to defense, despite the pandemic’s impact on the country’s spending requirements.Moving forward, Indonesia requires greater focus on disruptive technologies that provide a cost-effective means of improving capability to meet its unique operational needs.

This study covers the Indonesia defense market from 2014 to 2025. Spending on R&D and acquisitions is anticipated to reach $5.32 billion by 2025 as Indonesia attempts to upgrade capability. The Army maintains the highest share of spending over the forecast period, reaching $5.71 billion by 2025. The study also projects the impact of acquisitions based on the armed forces’ current operational equipment plans and details.
Read the full report: https://www.reportlinker.com/p06025977/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

__________________________

CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001