Headwinds are Building Against Future Growth in Mexican Defense Spending

by Bill Ostrove, International Military Markets Analyst, Forecast International.

Mexico Army paratroopers. Image: Wikipedia.

The fight against drug cartels and organized crime remains the primary driver of defense spending by Mexico. Since 2006, the nation’s military has worked closely with national and local police to combat trafficking networks and organized criminal groups.  As Mexico’s economy has improved and operations against drug cartels have continued, defense spending has steadily increased. Continue reading