Asia's Defense Boom: Industrial Partnerships Key in Evolving Security Landscape

Asian countries are ramping up defense spending and research as they navigate a complex security environment, a recent study highlights. This trend emphasizes the importance of industrial collaborations while these nations strive for self-reliance.

The Asia-Pacific Regional Security Assessment, published by the International Institute for Strategic Studies, attributes this surge to global tensions, including the Ukraine conflict and U.S.-China competition. It reveals a $2.7 billion increase in defense expenditures among Southeast Asian countries between 2022 and 2024.

As the region continues to rely on imports for key military technologies, the Shangri-La Dialogue in Singapore will address these evolving dynamics. Despite challenges faced in joint weapon developments, such as the BrahMos missile, partnerships remain essential for these nations' security strategies.

(With inputs from agencies.)