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04 Apr 12. Research and Markets announced the addition of Frost & Sullivan’s new report “DoD Unmanned Aerial Systems (UAS)” to their offering. This research forecasts the U.S. Department of Defense (DoD) Unmanned Aerial System (UAS) market, including general trends and program analysis. This market includes five classifications of UAS platforms as well as UAS sensors/subsystems services. UASs provide military services with near real-time threat identification data. UAS missions and capabilities are expanding as sensors become smaller and more efficient and as platforms’ reliability and ability to provide persistent loiter time increases. UAS Procurement Tops the Air Force’s Spending List due to Continuing Combat Operations and Irregular Warfare Companies that Offer SWaP-efficient and UASs and Affordable Systems to Fly High The UAS market accounted for $5.25bn of the U.S. Department of Defense’s (DoD’s) budget in 2010, with the Air Force emerging the highest spender among all military services. Most of the $2.42bn the Air Force has earmarked for UAS spending in 2012 is for the procurement of the MQ-9 Predator. According to the 2010 Quadrennial Defense Review (QDR), U.S. forces will need to continue improving intelligence, surveillance, and reconnaissance (ISR) capabilities and defenses to counter non-state actors that have access to advanced technologies and sophisticated information operations. UASs will be central to this effort. Current ground wars and nation-building activities in countries such as Iraq, Afghanistan, Libya, and Yemen, drive the need for UAS resources and their diverse mission capabilities, says the analyst of this research. Even the current Iraq troop withdrawal may not significantly reduce the UAS requirement as military and political leaders recognize the deterrent effect of unmanned platforms. Further, a Defense Science Board Task Force report titled, Counterinsurgency (COIN) ISR Operations’, has red flagged 24 countries that could pose COIN challenges to the United States. Any involvement in COIN operations will inevitably require UAS assets. (Source: BUSINESS WIRE)
05 Apr 12. The Georgian Defense Industry Market Will Reach To US$532.8m By 2016. The Georgian defense budget was reduced to US$391.8m in 2011, as the country focused on economic development by cutting the defense spend and allocating the funds for economic stimulus projects. The country’s defense budget recorded a CAGR of -17.53% during the review period, reducing to US$391.8m in 2011. It is expected to further reduce to US$406.5m by 2012 before recovering to US$532.8m by 2016. During the forecast period, the defense budget is expected to grow at a CAGR of 7.00%, stabilizing at 3.0% of the country’s GDP in 2016 from its peak of 8.3% in 2008. Defense imports of Georgia, which fell in 2008 as the war with Russia had consumed the country’s defense budget, recovered in 2009. The majority of arms imports were from Ukraine, and armored vehicles, missiles and air defense systems constituted the majority of the country’s imports. During the forecast period, defense imports are expected to increase, owing to the increased allocation for capital expenditure in the defense budget. Georgia’s undeveloped domestic defense industry does not export arms. (Source: ASD Network)
05 Apr 12. Research and Markets announced the addition of iCD Research’s new report “The Netherlands Defense Industry: Market. The Netherlands defense expenditure recorded a CAGR of 0.61% during the review period. During the forecast period, the high fiscal debt of the country, along with the financial constraints of the Ministry of Defense (MOD), is expected to cause the defense budget to decline at a CAGR of 0.16%. The defense budget is primarily driven by peacekeeping operations, assistance for the internal defense forces of the country, and the mo