Summary A large number of countries across the globe are expected to invest heavily on replacing their fleets of aging aircraft. For instance, after the wars in Iraq and Afghanistan, the US and other allied countries in Europe, Asia-Pacific, Latin America, and the Middle East were left with a worn-out and damaged base of aircraft and other military equipment. This has resulted in the need for large-scale upgrade and replacement programs. Defense spending in Europe, Africa, and Latin America wil...
Summary The demand for military satellites is expected to be driven by increase in terrorist attacks, unconventional warfare, militancy. Despite changes in the dimensions of terrorism, navigation, and ISR, satellites are acting as effective tools to predict and curb terrorist attacks, simultaneously playing an important role in helping ground level combat operations. The demand for satellite bandwidth is not only driven by military operations in countries such as Afghanistan and Iraq, but also ...
Summary The Future of the Norwegian Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2022, published by Strategic Defence Intelligence, provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news. Key Findings - Norway’s total defense expenditure values US$6 billion in 2017 and is expected to rea...
Summary The existing economic environment is stable for the defense industry, and customer confidence levels will remain positive during H1 2017. Survey results reveal that executives who operate in North America and Asia-Pacific project a more favorable opinion about economic prospects in the region for H1 2017. Increase in consumer spending, expected change in regulatory reforms due to political stability, targeted economic stimulus projects, and post-election tax reforms are expected to driv...
Summary The Future of the Danish Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2022, published by Strategic Defence Intelligence, provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news. Key Findings - Denmark’s military expenditure, valued at US$3 billion in 2017, registered a declining gr...