Credit: Evren Kalinbacak/Alamy/Aviation Week Network
Saudi Arabia is the dominant military spender in the Middle East. As recently as 2018, the kingdom was the world’s fourth-largest spender on defense and accounted for as much as 40% of regional military expenditure. Since that time, the defense budget has stagnated, hampered by periods of low oil...
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Budget Brief: Saudi Arabian Defense Spending In The Doldrums 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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