Tue 12 May 09 | 09:33 PM ET

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Asia's Naval Spending Remains Strong

Tue 12 May 09 | 09:33 PM ET

Naval spending in Asia remains strong despite the global downturn, says Bob Nugent, vice president at AMI International. He tells CNBC's Martin Soong that spending on maritime security is due to the region's dependence on maritime trade.

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Defense | Analyst | Asia | Defense

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Asia's Naval Spending Remains Strong

Asia's Naval Spending Remains Strong

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