Harry Kuffal, Jakarta | Opinion
Two important events related to the defense industry marked the beginning of 2013. The first was the Centre for Strategic and International Studies (CSIS) report on defense market trends in Europe and the second was the US Congress approval of the federal budget for 2013.
CSIS reported a defense spending decline in 37 European countries from $ 263.1 billion (US$ 352 billion) in 2001 to $ 220.0 billion in 2011. But the budget per soldier increased from $ 76,700 in 2001 to $ 100,800 in 2011.
Two important events related to the defense industry marked the beginning of 2013. The first was the Centre for Strategic and International Studies (CSIS) report on defense market trends in Europe and the second was the US Congress approval of the federal budget for 2013.
CSIS reported a defense spending decline in 37 European countries from $ 263.1 billion (US$ 352 billion) in 2001 to $ 220.0 billion in 2011. But the budget per soldier increased from $ 76,700 in 2001 to $ 100,800 in 2011.