IISS Director-General and Chief Executive Dr John Chipman presented the key findings contained in The Military Balance 2018, the Institute’s authoritative annual assessment of global military capabilities and defence economics. This was followed by a question-and-answer session with a panel of IISS experts. 

The Military Balance 2018 contains region-by-region analysis of the major military and economic developments affecting defence and security policies, and the trade in weapons and other military equipment. Comprehensive tables, maps and graphics detail national military organisations and inventories; significant regional arms orders and deliveries; training activities in Europe and Russia and Eurasia; and international comparisons of defence expenditure and military personnel.

The new edition contains analysis of Russian and Chinese air-launched weapons; big data, AI and defence; Chinese military modernisation; and developments in European defence among many other themes. It traces the continued evolution of defence spending and military capabilities in the Asia-Pacific, as well as the global spread of advanced weapons. This year’s Military Balance wall chart is focused on the modernisation of US, Chinese and Russian strategic nuclear forces.

The launch took place at Arundel House, London.


Dr John Chipman

John Chipman

Dr John Chipman CMG is Director-General and Chief Executive of The International Institute for Strategic Studies. He is Special Adviser to the Chairman of Reliance Industries (Mumbai), a member of the Board of Directors of private equity firm The Abraaj Group (Dubai) and consults widely.

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Event details

Wednesday 14 February 2018, 9–10am GMT
Arundel House, London
Dr John Chipman, Director-General and Chief Executive, IISS


Essential guide to the world's militaries

The annual assessment of the military capabilities and defence economics of over 171 countries, and a must-have for anyone conducting serious studies of security policy and military affairs.