Craig Caffrey

Senior Aerospace Industry Analyst, Forecast & MRO

London, UK


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.


The Weekly Debrief: Chinese Defense Budget To Grow By 6.8%

By Craig Caffrey Mar 08, 2021
The Chinese defense budget is officially projected to increase by 6.8%, going from CNY1,268 billion ($195 billion) to CNY1,355 billion ($209 billion), China announced on the sidelines of a meeting of the National People’s Congress.
Budget, Policy & Operations

India Boosts Defense Equipment Spending Despite Constraints

By Craig Caffrey Feb 04, 2021
Hidden among some fairly stark top-level figures for India’s 2021-22 defense budget is some positive news for suppliers to the country and for the Indian military’s stalled modernization process.
Budget, Policy & Operations

Defense Budgets: Where They’re Going Up or Down

By Craig Caffrey Dec 18, 2020
When the world experiences a major economic slowdown, and we should expect similar pressures following the COVID-19-induced global recession
Defense and Space