Australia Defence and Security Report 2016 - Business Monitor International - Industry Reports

Australia Defence and Security Report 2016

Australia Defence and Security Report 2016 - Business Monitor International - Industry Reports
Australia Defence and Security Report 2016
Published Apr 30, 2016
39 pages — Published Apr 30, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

The government has reiterated its commitment to raising defence spending to - of GDP, amid rising threats from terrorism, regional military build-ups, tensions surrounding the East and South China Seas territorial disputes and cybercrime. According to its current budget model and our GDP projections, this will occur by ----. ...According to its current budget model and our GDP projections, this will occur by ----. The government has decided to de-couple its defence spending from GDP growth, which means that even though economic expansion slows, the military budget will increase, according to ---- white paper plans. At present, we forecast Australia s economy to register average annual growth of -.- over the next decade. ...At present, we forecast Australia s economy to register average annual growth of -.- over the next decade. In its ------- budget announcement, the defence department stated that it had approved a further AUD-bn in capital investment since its previous budget, including funding for two Boeing C---A Globemaster III aircraft, a new helicopter aircrew training system, new protective equipment, vehicles for the Special Forces, final elements to complete the transformation of the army s artillery capability, air traffic control systems, transportable satellite terminals, and first pass for the future Mounted Combat Reconnaissance

...BMI View: The Australian government plans large increases in defence spending over the next decade, in order to modernise the ADF - in particular the navy - amid rising threats linked to East and South China Seas territorial disputes, regional military build-ups, terrorism and cybercrime. Large-scale procurement programmes will be carried out over our forecast period to ---- - most of which will be covered by foreign defence companies, due to Australia s still-limited military industrial base. ...Large-scale procurement programmes will be carried out over our forecast period to ---- - most of which will be covered by foreign defence companies, due to Australia s still-limited military industrial base. That said, we see significant potential for expansion of the domestic defence sector in the longer term, as local companies - for which government support is strengthening - benefit from technology transfer agreements tied to military import contracts. That said, we see significant potential for expansion of the domestic defence sector in the longer term, as local companies - for which government support is strengthening - benefit from technology transfer agreements tied to military import contracts. ...That said, we see significant potential for expansion of the domestic defence sector in the longer term, as local companies - for which government support is strengthening - benefit from technology transfer agreements tied to military import contracts.

...The recently published Defence White Paper envisions major capability investments into six streams in the next -- years. These streams are: ISR, space, EW and cyber (to receive - of overall investment); maritime and anti-submarine warfare (-- ); strike and combat air (-- ); land combat and amphibious warfare (-- ); key enablers (to support operation and sustainment of defence) (-- ); and air and sea lift (- ). ...

  
Source:
Document ID
1749-1266
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Australia Defence and Security Report 2016" Apr 30, 2016. Alacra Store. Dec 06, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Australia-Defence-and-Security-Report-2016-2026-23>
  
APA:
Business Monitor International - Industry Reports. (2016). Australia Defence and Security Report 2016 Apr 30, 2016. New York, NY: Alacra Store. Retrieved Dec 06, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Australia-Defence-and-Security-Report-2016-2026-23>
  
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