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18 Mar 13. Reportlinker.com announces that a new market research report is available in its catalogue: Turkey Defence and Security Report Q2 2013. BMI’s Defence & Security report for Q213 examines Turkey’s armed forces; its internal and external security challenges; defence industry and the country’s defence procurement activity BMI believes that Turkey will continue to suffer security challenges for some time in the form of the continued Kurdish nationalist insurgency affecting the country, the wider fallout from the tense security situation in the Middle East at large and the ongoing civil war in neighbouring Syria Nevertheless, the country’s armed forces will continue to play an active role in NATO and meet any future challenges to Turkey’s security BMI’s Defence & Security Report has several key findings In terms of domestic security, the Kurdishinsurgency continues to challenge the country’s policymakers and its armed forces. (Source: Yahoo!/PRNewswire)
18 Mar 13. Reportlinker.com announces that a new market research report is available in its catalogue: Global Armoured Vehicle Upgrade & Retrofit Market 2013-2023. Thanks to decades of investment in the development and manufacturing of new systems to protect troops during the counterinsurgency campaigns of Iraq and Afghanistan, the majority of the armoured vehicle upgrade and retrofit market is made up of spending by the USA and its allies. However, with the drawdown of US and NATO forces from Afghanistan imminent, the future of the US’s dominance in this sector is uncertain. Vision gain assesses that the global armoured vehicle upgrade & retrofit market will amount to $4.97bn in 2013. Alongside budget cuts in some of the world’s largest defence budgets, an end to the impetus to spend money on the protection of troops deployed overseas will undoubtedly cause a major contraction in some parts of the market. However, although contracts for the improvement of mine resistant ambush protected vehicles (MRAPs) are indeed a dominant influence in 2013, to focus solely on the inevitable post-Afghanistan contraction would be to misjudge a market which is expected to prove surprisingly resilient. (Source: Yahoo!/PRNewswire)
20 Mar 13. Research and Markets announced the addition of the “The Global UAV Payload Market 2012-2022 – Country Analysis: Market Profile” report to their offering. This report offers detailed analysis of the global UAV Payload market over the next ten years, and provides extensive market size forecasts by country and sub sector. It covers the key technological and market trends in the UAV Payload market. “The Global UAV Payload Market 2012-2022 – Country Analysis: Market Profile” provides details of the key markets in each region, offering an analysis of the top segments of UAV Payload, expected to be in demand. It also investigates the top three expected UAV Payload programs, in terms of demand in the key markets in each region. (Source: Yahoo!/BUSINESS WIRE)
20 Mar 13. A new Deloitte report that analyzes the U.S. aerospace and defense (A&D) sector’s financial performance found that defense revenues and earnings continued to decrease, while commercial aerospace continued double digit revenue growth in 2012. Defense firms revenue decreased 1.5 percent and earnings fell 7.4 percent, while commercial aerospacerevenue increased 18.3 percent and earnings increased by 13.2 percent. On March 1, 2013, an additional budget reduction associated with the automatic “sequester” took place, due to inaction on a new budget proposal, resulting in $46bn in annual defense cuts. Assuming that these cuts will be proportional and that the entire amount remains in subsequent congressional actions, it is estimated that up to another 12 percent, or $25bn, of defense and government contractor budgets are likely to be impacted for a combined total of