Strategic Defence Intelligence Market Research Reports

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Defense Industry Business Outlook and Procurement Report November 2016-April 2017

Posted on 23 December 2016 | 12:00 am by

Summary Mergers and acquisitions are expected to increase within the defense industry over the next six months (November 2016-April 2017) as a result of growing demand for services such as cybersecurity, intelligence analysis, and surveillance. Market uncertainty, political interference, and decreasing defense expenditure have been highlighted as major business concerns for the global defense industry over the next six months, although respondents are willing to increase their focus towards new products and services and expansion in current market/abroad. Furthermore, developing economies such as India, Saudi Arabia, and China are projected to offer significant growth opportunities for the global defense industry. On average, the global defense industries' procurement expenditure is projected to increase by 6%

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