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Research and Markets: Global Defense Survey 2012: Decreasing Defense Expenditure in the Global Defense Industry, Impact on Suppliers and Countermeasures

Dépèche transmise le 28 mars 2012 par Business Wire

DUBLIN--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/research/e37fd47c/global_defense_sur) has announced the addition of iCD Research's new report "Global Defense Survey 2012: Decreasing Defense Expenditure in the Global Defense Industry, Impact on Suppliers and Countermeasures" to their offering.

“Global Defense Survey 2012: Decreasing Defense Expenditure in the Global Defense Industry, Impact on Suppliers and Countermeasures”

Global Defense Survey 2012: Decreasing Defense Expenditure in the Global Defense Industry, Impact on Suppliers and Countermeasures is a new report by ICD Research that analyzes the global defense industry's viewpoint on decreasing defense budgets. This report examines the effects of decrease in defense expenditure on the global defense industry and identifies its impact on revenue expectations of global defense suppliers. It also analyzes business strategies of defense contractors and other suppliers, identifies new business opportunities and priorities, and forecasts demand for key products and services. It also projects expected change in global defense expenditure, region-level military budgets, merger and acquisition expectations, collaborative projects and outsourcing trends.

Key Highlights:

- Delivering high customer service or satisfaction, increasing sales, establishing new relationships with governments and establishing new relationships in the commercial industry are the most important business priorities for defense companies.

- Survey results show that 74% of respondents expect to see an increase in merger and acquisition activity due to a decrease in defense expenditure

- Italy, Canada and the UK regions are expected to experience the greatest decline in the defense expenditure in the next two years.

Companies Mentioned

- ITT Corporation

- ITT Exelis

- Raytheon

- Lockheed Martin

- General Dynamics

- Northrop Grumman

- Boeing

- Thales

- Elbit systems