New Defense market report from Business Monitor International: "France Defence & Security Report Q1 2015"
[ClickPress, Tue Dec 09 2014] BMI's France Defence & Security Report examines the current structure of the French armed forces. It evaluates ongoing defence reform initiatives and examines the position of France in NATO and its defence commitments around the world. In addition, it discusses the French defence industry and its performance both in home and international markets.
Regarding defence spending we expect France to spend USD53bn on defence in 2014. We believe that France will spend an average of USD51bn on defence between 2015 and 2019 with the defence budget increasing to USD52.8 by 2019.
In terms of defence exports, official figures published during Q414 noted that the value of French military exports had increasing by up to 42% in 2013, compared to 2012. French military operations have been said to have been very helpful as a 'real world' showcase for the capabilities of French defence products, while increased government support for French exports are also said to have been significant in the increase in export values.
Full Report Details at
We have given France an overall security risk index score of 86 out of 100 for Q115. On average, the country has scored 85 for January 2007 up to Q115. France has a low risk of becoming involved in a major international conflict. That said, the chances it could experience a major terrorist attack are slightly higher, although the risk of major criminal activity is low.
France's deal to supply Russia with 'Mistral' class amphibious support ships continues to cause controversy with the country expected to decide its course of action regarding the export of these vessels to Russia by the end of 2014. The first vessel, the Vladivostok, is due to be handed over to the Russian Navy by the end of 2014, although Laurent Fabius, France's foreign minister, has hinted that the delivery of the vessel could be contingent upon Russia continuing to observe the ceasefire in the Ukrainian civil war. Furthermore, France commenced military operations in support of...
The France Defence & Security Report features Business Monitor International (BMI)'s independent forecasts for national and international security, the defence industry, military expenditure, employment in arms production, and arms imports and exports, as well as examining industry trends and prospects, national and multinational arms producers and the regulatory environment.
BMI's France Defence & Security Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the French defence and security industry.
* Benchmark BMI's independent defence and security industry forecasts on France to test other views - a key input for successful budgetary and strategic business planning in the French defence and security market.
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