The Singaporean defense market will be driven by threats posed by terrorist organizations such as the Al-Qaeda-linked Jemaah Islamiah (JI), and other regional terrorist groups, the acquisition of automated military equipment, and the overseas t ..."
BMI View: We expect Singapore's defence budget to continue increase in absolute terms over the next five
years. This will be driven by regional threats faced by Singapore, in particular maritime piracy and the
threat posed by radicalised Muslims in Indonesia. As Singa ..."
BMI View: Defence spending remains a top priority for the Singaporean government which is executing a
prudent military procurement agenda with a long-term outlook that will transcend the Singapore Armed
Forces (SAF) into a third generation fighting force. In the futur ..."
The Future of the Singaporean Defense Industry – Market Attractiveness, Competitive Landscape, and Forecasts to 2019 published by Strategic Defence Intelligence, provides readers with a detailed analysis of both historic and forecast industry values, f ..."
BMI View: Singapore has steadily increased the national defence budget in line with inflation, and aims to
maintain a consistent level of expenditure to support long-term armourment and development of the
Singapore Armed Forces (SAF). This follows a policy of zero tro ..."
BMI View: Speaking at the 14th Defence Services Asia summit held in Kuala Lumpur in April 2014,
Singaporean Defence Minister Dr Eng Hen took the opportunity to emphasise the need for a new 'multipurpose'
military which can tackle the increasing range of non-traditiona ..."
BMI View: Singapore's year-on-year (y-o-y) growth of 3.7% for 2013, with Q4 growth up 4.4% y-o-y,
exceeded expectations. As South East Asia's economic hub, growth is crucial ensuring security and stability
in the city-state and ensures that Singapore is able to mainta ..."
BMI View: Despite signs of economic turbulence in late 2012 and early 2013, Singapore's economy has
performed better than expected during the middle two quarters of 2013. Consequently Singapore's 2013
GDP growth rate forecast has been revised upwards from between 1-3% ..."
BMI View: Singapore maintains a long-standing defence policy of investing 5-6% of GDP in defence in order to spend heavily on advanced defence equipment. Signs of economic turbulence in South East Asia in mid-2013 are therefore a cause for concern, as is the sluggish growth which ..."
This report is the result of SDI's extensive market and company research covering the Singaporean defense industry, and provides detailed analysis of both historic and forecast defense industry values including key growth stimulators, analysis of the ..."