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.
UK Defense Secretary Ben Wallace has said funding pledges by new UK Prime Minister Liz Truss—to raise defense spending to 3% of gross domestic product—will be realized.
While the 2022 growth rate is well below the double digits achieved through the 1990s and early 2000s, in dollars it is $15 billion, the largest-ever annual increase.
