There is one industry that could cash in on the cuts threatening defense budgets around the globe — piracy. Proposed defense spending cuts for leading nations — coupled with the drop in reported attacks in Somalia — could pressure international navies to shift their resources away from the African Horn, says Hans Tino Hansen, managing director of Copenhagen-based Risk Intelligence. Hansen and others worry what will happen if that takes place. “We believe (piracy) will remain at ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Pirates Could Benefit From Defense Cuts".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.