Craig works as a senior analyst on Aviation Week Network’s military and commercial forecast databases, specializing in military aircraft markets and global defense spending trends. Prior to joining Aviation Week he spent 12 years at Jane’s working as an analyst and consultant on global aerospace and defense markets.
Labour has now joined the Conservatives in pledging to raise defense spending to 2.5% of GDP, but woolly caveats and an impending election leave doubts.
Traditionally when increased regional tensions and high oil prices coincide, defense spending in the Middle East and North Africa tends to see robust growth.