Indonesia Will Have the Fastest Growing Defence Budget in Asia Pacific Over The Next Five Years

Global Defence Spending is down, but Asia’s spending is up. That is according to the Stockholm International Peace Research Institute (SIPRI), which released the latest edition of its annual measure of military expenditure worldwide for 2014. SIPRI reported that, in 2014, global military spending dropped slightly by 0.4 percent in real terms, despite the growing instability and conflict in the Ukraine.

Indonesia, Spain sign MoU on military cooperation

Indonesian and Spanish defense ministers signed here on Wednesday a memorandum of understanding ( MoU) to expand military cooperation between the two countries that has been discussed since 2007.

The military cooperation will involve mitigation of the impact of natural disasters, according to the MoU.

"They demonstrated their sincere readiness in 2004 when they directly came here from faraway place to help us in tackling the impact of the devastating tsunami in Aceh," Indonesian Defense Minister Purnomo Yusgiantoro said after signing the MoU with his Spanish counterpart Pedro Morenes Eulate.

Indonesian military wants more Black Hawks

The Indonesian military is planning to acquire more firepower, with around $1.5 billion budgeted for missiles and helicopter gunships.

Defence force chief of staff General Pramono Edhie Wibowo said the plans inclued orders for 24 more Bell helicopters.

He said Indonesia was also negotiating to get another 20 Sikorsky Black Hawks.

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