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

Spain Defence and Security Report 2016

Spain Defence and Security Report 2016 - Business Monitor International - Industry Reports
Spain Defence and Security Report 2016
Published May 07, 2016
38 pages — Published May 07, 2016
Price US$ 1,295.00  |  Buy this Report Now

About This Report

  
Abstract:

Spain has joined Germany, Italy, the Netherlands and Portugal on a European Defence Agency (EDA) project to develop lightweight armoured multipurpose vehicles, using new lightweight materials. The European Organisation for Joint Armament Cooperation (OCCAR) reported in July ---- that it had signed a contract on behalf of Spain, Germany and France with Airbus Helicopters on the development of a new version of the Tiger attack helicopter. ...In May ----, Spain s defence ministry signed a contract with Iveco Defence Vehicles for the acquisition of more than --- military trucks. Over the past year, a number of the ETA Basque Nationalist Organisation s leaders have been arrested, and in October ---- a Spanish judge charged five suspected former ETA leaders of crimes against humanity, referring to attacks carried out by the group since ----. Spain has conducted a large number of operations to counter potential terrorist attacks in relation to Islamic State over the past year. This has led to the arrest of -- extremist jihadist terrorists and -- terrorist arrests in other countries, primarily Morocco. Spain is leading the first operational NATO Very High Readiness Joint Task Force and the NATO Baltic

...BMI View: We expect the Spanish defence budget to grow in line with gradually improving economic conditions in coming years. However, we note that funding available for new procurement remains restricted, as the defence ministry s debt on existing military programmes is substantial. This will also limit state investment into sector R&D - a challenge for Spanish defence manufacturers, as they face stiff competition from world-class Western European suppliers. That said, Spain s defence industry boasts technologically advanced capabilities in a variety of segments - particularly naval, aerospace and electronics - and is becoming increasingly integrated with Western Europe, through R&D programmes under organisations such as the EDA and OCCAR. The local sector is awarded the vast majority of Madrid s procurement contracts; however, due to limited opportunities for domestic sales, it is becoming increasingly export-focused. ...The local sector is awarded the vast majority of Madrid s procurement contracts; however, due to limited opportunities for domestic sales, it is becoming increasingly export-focused.

...According to the Spanish Ministry of Economy, Spanish defence exports were up -- y-o-y in value terms in H--- to USD-.-bn. A third of the total was exported to NATO/EU members. ...

  
Source:
Document ID
1749-1673
Country
Industry
Format:
PDF Adobe Acrobat
Buy Now

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.

About the Author


Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "Spain Defence and Security Report 2016" May 07, 2016. Alacra Store. Dec 07, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Spain-Defence-and-Security-Report-2016-2026-194>
  
APA:
Business Monitor International - Industry Reports. (2016). Spain Defence and Security Report 2016 May 07, 2016. New York, NY: Alacra Store. Retrieved Dec 07, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Spain-Defence-and-Security-Report-2016-2026-194>
  
US$ 1,295.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Market Research from one place.