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 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.
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.