What's Ahead in Aerospace: Report: Middle East military spending expected to reach $55 billion

MIDEAST SPENDING: Military spending by countries in the Middle East is expected to rise from about $52 billion in 2003 to $55 billion by 2007, according to a report by Forecast International/DMS. Saudi Arabia, which is expected to spend $18 billion annually through 2007, will lead the region, the...

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