To Sequestrate, or Not to Sequestrate. The Impact of Covid-19 on Military Budgets

How the coronavirus pandemic and resulting economic crisis will impact procurement for the world's leading armies The ongoing coronavirus pandemic combined with the resulting economic crisis is already affecting behaviors of most countries in the world, including leading military powers. Thus, the adjustment of state expenditures, such as military budgets, is almost unavoidable in this situation. At the same time, a number of countries will inevitably try to support their technology leaders, as a rule, major weapons and equipment manufacturers included. This article attempts to forecast ...