CONTENT PREVIEW
Military Capabilities

Mexico military needs spending increase to match external ambitions

09 February 2018

Key Points

  • Mexico has ambitions abroad for its military, which traditionally has focused on internal security
  • The nation will need to boost spending and revamp procurement infrastructure

Mexico’s military needs a boost in spending and a procurement process overhaul if the nation hopes to achieve its external ambitions, according to an expert.

Iñigo Guevara, Jane’s consulting director, said Mexico would need to annually spend USD3 billion over the next five years to get up to date on all of its requirements. Guevara said it is more likely the nation will continue to spend about USD1 billion per year on defence procurement.

Want to read more? For analysis on this article and access to all our insight content, please enquire about our subscription options at ihs.com/contact





(125 of 620 words)
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT