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April 30, 2025

Strategic Opportunities in Southeast Asia: Defense and Economic Prospects for U.S. Firms

Indonesian Air Force
5 Indonesian Aerospace made NC212i for the Indonesian Air Force (Photo source: Indonesian Aerospace) — https://www.factsasia.org/blog/indonesias-defense-modernization-program-balancing-act-between-prudent-economic-policy-and-defense-needs
April 30, 2025

Military modernization and economic reform across Vietnam, Indonesia, and the Philippines present strong opportunities for American aerospace, defense, and security firms. Vietnam is attracting foreign investment, streamlining regulations, and integrating economic openness with defense growth, creating a prime market for high-tech, dual-use solutions. Indonesia, despite fiscal challenges, prioritizes defense modernization, seeking cost-effective, workforce-driven partnerships that enhance local capabilities. The Philippines’ deepening U.S. alignment, reflected in expanded joint exercises and advanced procurements, solidifies it as a high-value market for American defense firms. Across all three states, companies that invest in joint production, workforce training, and infrastructure support will secure lasting partnerships in Southeast Asia’s evolving defense landscape.

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