Increased Military Spending In Middle East, North Africa, Latin America And Asia Brings Potential For Global Sales
Beechcraft Defense Company said that it expects the growth in international defense budgets to lead to demand for its trainer and light attack aircraft. Although most Western nations saw defense cuts in 2012, military spending rose by 7.8 percent in North Africa, 8.4 percent in the Middle East and 4.2 percent in Latin America.