United Kingdom Defence and Security Report 2016

Publisher Name :
Date: 03-Sep-2016
No. of pages: 48

BMI View: Weaker economic growth as a result of the Brexit vote in 2016-2017 will likely force the MoD

to revise its plan for a 3.1% real term increase in defence spending out to 2020. Defence expenditure will

still remain above the 2% of GDP NATO-stipulated target, amid rising security threats from Russian

aggression, terrorism and cybercrime - allowing the Ministry of Defence to move ahead with key

procurement programmes. The Brexit vote will create uncertainty in the local defence sector and could lead

to reductions in FDI and R&D funding in the next few years. However, longer-term potential for industry

development and export growth remains strong, amid robust government support and as local companies'

technologically-advanced capabilities continue to attract investors.

Latest Updates

? Following the Brexit vote, our Country Risk (CR) team has downgraded its real GDP growth forecast for

the UK in 2016 and 2017 to 1.4% and 0.2% respectively - significantly below the forecasts used as a

basis for the Ministry of Defence (MoD)'s spending review. Consequently, we believe the MoD will have

to downwardly adjust its 3.1% real growth target for defence spending in the period to 2020.

? According to the 2015 Defence Equipment Plan (DEP), published in October, the MoD planned to spend

GBP68.5bn on the procurement of new equipment over 2015-2025. The SDSR, published in November

2015, added another GBP12bn out to 2020. However, with the pound having depreciated and overall

economic growth negatively impacted by the Brexit vote some procurement programmes considered nonessential

may see cuts or delays.

? The Brexit vote has created uncertainty regarding the future of the country's defence industry. This

uncertainty could, in the short-to-medium term negatively impact FDI into the local defence sector. It

could also limit, to some extent, EU funding for defence research and development (R&D) in the UK in

coming years.

? We expect the Brexit vote to have a relatively limited impact on the UK's defence industry collaboration

with the rest of Europe, as such programmes are independent of the EU, usually organised directly by the

participating states or through OCCAR.

United Kingdom Defence and Security Report 2016

Table of Contents

BMI Industry View 7
Table: Headline Defence Expenditure Forecasts (United Kingdom 2015-2020) 7
SWOT 9
Industry Forecast 11
Defence Expenditure 11
Table: Defence Expenditure (United Kingdom 2014-2019) 12
Table: Defence Expenditure (United Kingdom 2020-2025) 12
Defence Trade 14
Exports 15
Imports 15
Industry Risk Reward Index 17
United Kingdom Defence Risk Reward Index 17
Table: Europe - Defence Industry Risk Reward Index 17
Rewards 18
Risks 19
Market Overview 20
Defence Market Overview 20
Domestic Defence Sector 20
Domestic Market 24
Armed Forces Overview 27
Armed Forces 27
Table: Armed Forces Personnel (United Kingdom 2008-2015) 27
Table: United Kingdom - UN/EU MISSION CONTRIBUTIONS 31
Security Overview 32
Company Profile 37
BAE Systems 37
GKN 39
QinetiQ 41
Rolls Royce 42
Methodology 44
Industry Forecast Methodology 44
Risk/Reward Index Methodology 45
Sector-Specific Methodology 47
Table: Defence Risk/Reward Index Indicators 47
Weighting 48
Table: Weighting of Defence Risk Reward Index 48

List of Tables

Table: Headline Defence Expenditure Forecasts (United Kingdom 2015-2020)
Table: Defence Expenditure (United Kingdom 2014-2019)
Table: Defence Expenditure (United Kingdom 2020-2025)
Table: Europe - Defence Industry Risk Reward Index
Table: Armed Forces Personnel (United Kingdom 2008-2015)
Table: United Kingdom - UN/EU MISSION CONTRIBUTIONS
Table: Defence Risk/Reward Index Indicators
Table: Weighting of Defence Risk Reward Index
  • United States Radiation Detection In Military Market Report 2016
    Published: 02-Dec-2016        Price: US 3800 Onwards        Pages: 111
    Notes: Sales, means the sales volume of Radiation Detection In Military Revenue, means the sales value of Radiation Detection In Military This report studies sales (consumption) of Radiation Detection In Military in United States market, focuses on the top players, with sales, price, revenue and market share for each player, covering - Smiths Group - FLIR Systems - Canberra - RAE Systems - Enviro-Equipment,Inc. - American Mil......
  • United States X-Ray Security Screening Market Report 2016
    Published: 01-Dec-2016        Price: US 3800 Onwards        Pages: 114
    Notes: Sales, means the sales volume of X-Ray Security Screening Revenue, means the sales value of X-Ray Security Screening This report studies sales (consumption) of X-Ray Security Screening in United States market, focuses on the top players, with sales, price, revenue and market share for each player, covering - American Science and Engineering, Inc - Astrophysics Inc. - Auto Clear U.S. (formerly Control Screening LLC) - Eurologix Secur......
  • Global Bulletproof Vest Market Research Report 2016
    Published: 30-Nov-2016        Price: US 2900 Onwards        Pages: 118
    Notes: Production, means the output of Bulletproof Vest Revenue, means the sales value of Bulletproof Vest This report studies Bulletproof Vest in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer, covering - VestGuard - Point Black Body Armor - Canarmor - Black Hawk - Armor ......
  • Mexico Defence and Security Report 2017
    Published: 23-Nov-2016        Price: US 1295 Onwards        Pages: 32
    BMI View: There was a large increase in military spending in 2016, up 13.8% from 2015, thanks to more positive economic outlook and a rebounding peso. The predicted spending in 2017 will reach an increase of 14% over 2016, a reflection of the militarization of the anti-cartel campaign. Latest Updates ? The Mexican government has continued to extradite several top drug cartel high ranking individuals to the US, showing a cordial relation between the two states and al......
  • Global X-Ray Security Screening Sales Market Report 2016
    Published: 23-Nov-2016        Price: US 4000 Onwards        Pages: 116
    Notes: Sales, means the sales volume of X-Ray Security Screening Revenue, means the sales value of X-Ray Security Screening This report studies sales (consumption) of X-Ray Security Screening in Global market, especially in United States, China, Europe, Japan, focuses on top players in these regions/countries, with sales, price, revenue and market share for each player in these regions, covering - American Science and Engineering, Inc - Astrophysics Inc......
  • Serbia Defence and Security Report 2017
    Published: 23-Nov-2016        Price: US 1295 Onwards        Pages: 46
    BMI View: Serbian defence spending will remain modest in 2017, amid the government's ongoing fiscal consolidation programme. Despite the armed forces' requirements to replace much of its ageing equipment - particularly in the aerospace segment - new procurement will therefore be limited. Beyond 2017, military expenditure will increase gradually as economic conditions improve, reflecting persistent security risks stemming from unresolved disputes with neighbouring countrie......
  • Global Bulletproof Vest Market 2016-2020
    Published: 21-Nov-2016        Price: US 2500 Onwards        Pages: 64
    A bulletproof vest, also known as a bullet-resistant vest or ballistic vest is a type of personal protective equipment. It is used by the military, law enforcement personals, and many times by civilians as a protective cover against bullets and shrapnel from explosions. Soft bulletproof vests weigh less and provide protection against small-caliber handguns. Hard bulletproof vests are used in combat, high-risk tactical missions, and hostage rescue missions. This analyst forecast the gl......
  • Global Maritime Security Market 2016-2020
    Published: 18-Nov-2016        Price: US 2500 Onwards        Pages: 58
    Maritime security is related to the protection of ports and harbors, coastal facilities, vessels, and port critical infrastructure from sabotage and terrorism. It includes advanced technologies to detect hazards and communicate with marine authorities to combat potential threats. Maritime activities continue to broaden beyond the international transport of goods, fishing and aquaculture, recreation and tourism, and extraction of non-renewable marine-based resources. The maritime industry is f......
  • Greece Defence and Security Report 2016
    Published: 16-Nov-2016        Price: US 1295 Onwards        Pages: 34
    BMI View: Defence expenditure by Greece will remain constrained by adverse economic conditions over the next several years. While dramatic cuts to overall military spending levels are unlikely amid persistent security challenges, any growth will be highly limited, and most new procurement plans will be put on hold given large operational and personnel expenses. Defence import levels will be low on a historical comparison, while exports are set to grow, as local manufactur......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - sales@rnrmarketresearch.com / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs