Military Development in Transcaucasia: an Arms Race?

... the world leaders in this regard. In absolute figures, Azerbaijani defense expenditures soared by more than 100 percent over the past four years. [2] The Transcaucasian countries are also investing in their own defense sectors, the most active being Georgia and Azerbaijan who are manufacturing their own small arms , ammunition and several types of armored vehicles; Armenia similarly also has engaged in domestic production with some success . At the same time, because their domestic capacities are rather sparse, all three countries are focusing on strengthening and modernizing their armed forces by importing weapons ...