Islamic State Fight Spurs Demand for Precision Weapons
“The increased involvement of Middle East military forces in fighting Islamic insurgents is expected to spur demand for more equipment, ranging from precision weapons to items to safeguard borders and troops,” the Wall Street Journal reports.
“There is likely to be a shift in some of the spending priorities for Middle East buyers resulting from the battle against the threat of insurgents in the region, said Frank Kendall, the Pentagon’s acquisition chief.”
“Air forces from countries such as Egypt, the United Arab Emirates and Qatar have become involved in striking Islamic State positions from Libya to Iraq. Combat jets from these countries have been flying alongside U.S. planes in attacking targets.”