Just Published: "Philippines Defence & Security Report Q4 2014"
While opportunities exist in the Philippines defence market in the short term, opportunities in the medium-to-long term are far from certain. Although the defence spending is increasing, there is a need to place it within a regional perspective. We think that the risk of Philippine involvement in an interstate conflict has increased slightly over the last quarter. Also, the scaling back of US support for the Philippines counter-terrorism program may not bode well in the long term.
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