Defense Industry and NATO Spending #

Ben Heelan, head of EMEA aerospace & defense research at BofA, recently discussed the defense industry and NATO spending. In the interview with CNBC, he highlighted the importance of defense spending in NATO countries and the need for increased investments. Heelan emphasized that boosting defense budgets is crucial to address emerging security threats and maintain military capabilities. He also mentioned the potential for collaboration among NATO members to optimize spending and ensure efficient allocation of resources. Increasing defense expenditure is seen as vital for ensuring national and regional security in an uncertain geopolitical landscape.