Tiny Singapore to spend US$23 billion on defence by 2015, an increase of more than 50 percent since 2010 - report

Reuters, 8 Dec 2011
(Reuters) - Tiny Singapore, with a population of 5.2 million and a land area half the size of Greater London, is likely to spend $23 billion on purchases of patrol aircraft, helicopters and other military equipment by 2015, according to a new report by IHS Jane's.
Singapore's defence budget was seen rising by more than 50 percent between 2010 and 2015 to more than $14 billion,....Full story