{"id":16250,"date":"2016-01-10T16:45:10","date_gmt":"2016-01-10T21:45:10","guid":{"rendered":"http:\/\/olduvai.ca\/?p=16250"},"modified":"2016-01-10T16:57:32","modified_gmt":"2016-01-10T21:57:32","slug":"defense-industry-revenue-forecast-gushes-over-global-turmoil","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=16250","title":{"rendered":"Defense Industry Revenue Forecast Gushes Over Global Turmoil"},"content":{"rendered":"
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Defense Industry Revenue Forecast Gushes Over Global Turmoil<\/a><\/h3>\n
The global aerospace and defense industry is out of its doldrums. According to a new report by the accounting firm Deloitte, \u201cthe resurgence of global security threats\u201d promises a lucrative \u201crebound\u201d in defense spending.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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The\u00a0report<\/a>\u00a0alerts investors that \u201crevenue growth\u201d is \u201cexpected to take a positive turn\u201d due to the terrorism and war in the Middle East and the tensions in Eastern Europe and the South China Sea.<\/p>\n

Many analysts\u00a0predicted\u00a0declining revenue for the weapons industry as the U.S. scaled down military involvement in Iraq and Afghanistan. After all, as this chart from the Deloitte report shows, no other country even comes close to spending as much as the U.S. does.<\/p>\n

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But now governments around the world have moved swiftly to hike defense budgets to \u201ccombat terrorism and address sovereign security matters.\u201d<\/p>\n

The Deloitte report is almost giddy:<\/p>\n

2015 was a pivotal year that saw heightened tensions between China, its neighbors and the US over \u201cisland building\u201d in the South and East China Seas, and the related claims of sovereign ocean territory rights by China. In addition, Russia and the Ukraine are at odds related to Russia\u2019s takeover of Crimea and their military actions in Eastern Ukraine. North Korea continues to threaten its neighbors with its nuclear ambitions and aggressive rocket launches. The Islamic State (ISIS) has become a key threat in Syria, Iraq, and Afghanistan and is involved in exporting terrorism to Europe, Africa, and elsewhere. The recent tragic bombings in Paris, Beirut, Mali, the Sinai Peninsula, and other places have emboldened nations to join in the fight against terrorism.<\/p>\n

Several governments affected by these threats are increasing their defense budgets to combat terrorism and address sovereign security matters, including cyber-threats. For defense contractors, this represents an opportunity to sell more equipment and military weapons systems.<\/p><\/blockquote>\n

…click on the above link to read the rest of the article…<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Defense Industry Revenue Forecast Gushes Over Global Turmoil The global aerospace and defense industry is out of its doldrums. According to a new report by the accounting firm Deloitte, \u201cthe resurgence of global security threats\u201d promises a lucrative \u201crebound\u201d in defense spending. The\u00a0report\u00a0alerts investors that \u201crevenue growth\u201d is \u201cexpected to take a positive turn\u201d due […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,5],"tags":[1319,11585,11586,11587,522,528,1439,793,862],"class_list":["post-16250","post","type-post","status-publish","format-standard","hentry","category-economics","category-geopolitics","tag-armaments","tag-defence-industry","tag-easter-europe","tag-lee-fang","tag-middle-east","tag-military-industrial-complex","tag-south-china-sea","tag-terrorism","tag-war"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/16250","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16250"}],"version-history":[{"count":4,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/16250\/revisions"}],"predecessor-version":[{"id":16254,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/16250\/revisions\/16254"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16250"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16250"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16250"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}