Budget Brief: Global Defense Boom Set To Accelerate In 2026

air defense equipment saab
Credit: Saab/Aviation Week
It is hard not to have noticed that recent years have represented a boom period for the defense sector. Between 2022 and 2025, global military spending expanded at an average rate of 5.5% in real terms, well ahead of the 2.5% average seen between 2000 and 2022, a period that included the wars in...
Craig Caffrey

Craig is the head of Aviation Week Network's defense data team responsible for managing the company’s defense databases and leading on related consultancy projects.

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Budget Brief: Global Defense Boom Set To Accelerate In 2026 is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

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