According to recent research on global military expenditure trends, in 2014 France was the second highest country of defence spending in the European region, behind only Russia.
The Stockholm International Peace Research Institute (SIPRI) recently revealed that global spending on defence was over $1.7 trillion in 2014, with 75% of Europe’s spend originating in Western and Central Europe.
In addition, spending on the military in France is expected to increase by $4.5bn in the next five years alone.
Understanding the trends across the global defence sector can be vital in recognising current and future opportunities for your business. The more you know about the market, the easier it will be to succeed.
Following the publication of the Trends in World Military Expenditure fact sheet by the Stockholm International Peace Research Institute, DCI has created a series of infographics which highlight the current market leaders in military expenditure, how they measure up on the global stage and where current and future defence opportunities will lie.
In this last edition of our Spotlight On series, DCI looks at defence spending in France.
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