Exciting New Report Detailing the Top Five Defense Investment Opportunities Over the Coming 10 Years, According to a New Study on ASDReports
Gain valuable insights into the Czech Republic Defense Industry in this key geography with Future of the Czech Republic Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2019. This report provides readers with a detailed analysis of both historic and forecast Czech Republic defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.
The difference:
- Have a little confidence – with market size forecasts covering the next five years along with an analysis of factors that influence demand for the industry.
- Know your Competition – with an overview of key players, together with insights such as key alliances, strategic initiatives, challenges faced by industry participants and a brief financial analysis.
- Stay one step ahead – with detailed analysis of the defense industry in the Czech Republic until 2019, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the country’s spending patterns and modernization patterns
Report Highlight:
The Czech Republic maintains peaceful relations with its neighbors Poland, Germany, Austria, and Slovakia and therefore does not face any credible threat to its national security. .. Being a member of NATO and the UN, the country supports overseas peacekeeping operations, and depends on international co-operation to prevent and face future threats to its national security.
The country‘s regional security concerns and growing Russian assertiveness forced the Czech government to increase its defense budget. The increase in the country‘s defense budget is to ensure compliance with its NATO commitments, and in relation to the ongoing crisis in Crimea. With growing Russian assertiveness in territorial disputes in Europe and the Arctic region, the Czech Republic defense ministry has announced its plans to increase capital expenditure allocation. The country is also planning to pool its defense resources with Slovakia.
Developments with Slovakia have propelled the Czech government to make procurements of radars and personal weapons for Czech and Slovak troops. Additionally the country is also likely to procure MRAPS, upgrades for Gripens and multipurpose helicopters which in turn are expected to drive the country‘s defense expenditure over the forecast period.