Indonesia sets new military target

JAKARTA - Indonesian Defense Minister Purnomo Yusgiantoro said on Tuesday that the country's military is expected to meet a new power level, inscripting in presidential decree as Minimum Essential Force (MEF), within two years.

"After seeing what are displayed here, I am optimistic that we can settle the military improvement and restructuring jobs within two years as mandated by the existing law," Purnomo said on the sidelines of an exhibition displaying advancement of national defense industry in the military headquarters here.

Indonesia to Buy More Russian Jet Fighters, Patrol Ships

Indonesia plans to buy more than a dozen Russian Sukhoi fighter jets and domestically made, missile-equipped patrol ships as part of a $15 billion five-year campaign to modernize its military, defense officials said on Wednesday.

Southeast Asia’s largest economy has sharply increased its defense budget since 2010 as the military looks to bolster its capacity to protect shipping lanes, ports and maritime boundaries.

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.

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