New York, Feb. 18, 2021 (GLOBE NEWSWIRE) -- announces the release of the report "Indonesia Defense Transformation Driving Indigenous Industry Growth" -

The objective is being realized with significant budget allocations to defense, despite the pandemic’s impact on the country’s spending requirements.Moving forward, Indonesia requires greater focus on disruptive technologies that provide a cost-effective means of improving capability to meet its unique operational needs.

This study covers the Indonesia defense market from 2014 to 2025. Spending on R&D and acquisitions is anticipated to reach $5.32 billion by 2025 as Indonesia attempts to upgrade capability. The Army maintains the highest share of spending over the forecast period, reaching $5.71 billion by 2025. The study also projects the impact of acquisitions based on the armed forces’ current operational equipment plans and details.
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