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29 Feb 12. Research and Markets announced the addition of the “Greece Defence and Security Report Q1 2012” report to their offering.
Business Monitor International’s Greece Defence and Security Report provides industry professionals and strategists, corporate analysts, defence and security associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Greece’s defence and security industry. The Greek government has announced another round of spending cuts, with the axe falling heavily on defence spending once again. On top of the EUR1.2bn-worth of cuts which had already been announced earlier in 2011 during a previous crisis over Greek solvency, the latest crisis in August and September 2011 has seen the Greek government promise an extra EUR500mn in cuts. This second emergency austerity package will see the closure of a number of army, air force and naval bases across the country. Additionally, one army corps, five divisions, a number of regiments and some 80 miscellaneous units will be disbanded. The number of basic training centres operated by the Greek military will also be cut from the current 35 locations to 12, saving EUR34mn. However, analysts and markets are increasingly sceptical that anything can be done to avoid a Greek debt default, making it likely that further cuts – either as part of increasingly desperate austerity measures or due to default – will be inflicted on Greek defence spending over the latter part of 2011 and into 2012. (Source: Yahoo!/BUSINESS WIRE)
02 Mar 12. Research and Markets announced the addition of Frost & Sullivan’s new report “Analysis of the U.S. Department of Defense Cloud Computing Market” to their offering. This research service is an outline of the research, development, testing, and evaluation (RDT&E); procurement; operations and maintenance (O&M); and services spending and contract activity for the U.S. DoD cloud computing market. Cloud computing is defined by DoD as a scalable IT infrastructure network that is provided as a service to multiple users to support sharing, storing, processing, and transporting information on demand. This study indicates which aspects of cloud computing products and services spending the DoD is emphasizing so that firms can invest in these growth areas. The base year for financial spending is 2010, and the market forecast is from 2011 to 2016. (Source: Yahoo!/BUSINESS WIRE)
02 Mar 12. Ahead of its landmark 10th anniversary Future Artillery conference later this month, Defence IQ has published its 2012 Artillery report, looking at current trends within the artillery sector and the likely evolution of the market over the next decade. The report can be downloaded for free at http://www.defenceiq.com. Based upon a survey of 120 professionals within the artillery domain, topics examined include: which capabilities the military will prioritise as it increasingly embarks on urban, complex and dispersed operations; how militaries can achieve greater precision; the changing nature of training scenarios; as well as which regions are being targeted as emerging growth markets. India’s artillery requirements and capabilities are also the subject of particular focus. At a time when artillery commanders continue to stress the critical importance of artillery in current operations, as well as the increased variety of roles that the modern artillery carries out, the question of budgetary restrictions is unavoidable. Exactly half of all respondents expected financial constraints to be critical to artillery advancement. A possible increase in the focus on air power was the next most significant factor. In order to ensure that international artillery forces are equipped with the most modern and cost-effective systems, more in-depth discussion is required on bridging future artillery