
Reuters
Asia’s militaries hunt for smart buys amid COVID funding crunch
Countries throughout Asia are climbing out from under the economic rubble of COVID-19 and looking for cost-effective ways to upgrade their militaries, defence companies said on the sidelines of the Singapore Airshow this week. On the eve of the show, Indonesia said it would order 42 Dassault Rafale fighter jets in a $8.1 billion deal, making Jakarta the biggest French arms client in the region. Southeast Asia countries in particular will most likely address important – if basic – needs in the next year, said Collin Koh, a research fellow at Singapore’s Institute of Defence and Strategic Studies.
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