A dearth of pre-existing research in the field prompted this thesis on whether traditional econometric analyses of war deterrent alliances are applicable to modern alliances for counter terror purposes. Apparent foundational and contextual differences between the two types of alliances and the costs and benefits member nations derive from each lead the author to theorize that factors contributing to the formation of each alliance are fundamentally similar. Multiple types of statistical models are used to measure variables from the Correlates of War and Polity datasets combined with custom variables in a new dataset concerning major transnational terrorist attacks and the resultant alliances in testing the effect of traditionally contributing formation factors on alliances against terrorism. The results indicate that some contributing factors are similar, extant analysis tools have utility and that further investigation is justified