List of Figures
Figure 1: Danish Defense Expenditure (DKK Billion), 2014-2023 26
Figure 2: Danish Defense Expenditure (US$ Billion), 2014-2023 26
Figure 3: Danish GDP Growth vs. Defense Expenditures Percentage of GDP Growth, 2014-2023 29
Figure 4:DanishDefense Budget Split Between Capital and Revenue Expenditure (%), 2014-2023 31
Figure 5: Danish Defense Capital Expenditure (DKK Billion), 2014-2023 33
Figure 6: Danish Defense Capital Expenditure (US$ billion), 2014-2023 34
Figure 7: Danish Per Capita Defense Expenditure (US$), 2014-2023 36
Figure 8: Danish Homeland Security Budget (DKK Billion), 2014-2023 38
Figure 9: Danish Homeland Security Budget (US$ Billion), 2014-2023 38
Figure 10: Terrorism Heat Map, 2018 41
Figure 11: Terrorism Index, 2018 44
Figure 12: Benchmarking with Key Markets - 2014-2018 vs. 2019-2023 46
Figure 13: Benchmarking with World’s Largest and Top Regional Defense Spenders (US$ Billion), 2018 and 2023 47
Figure 14: Benchmarking with Large Defense Spenders as % of GDP - 2018 48
Figure 15: Danish Fighters Aircraft Market Size (US$ Million), 2018-2023 50
Figure 16: Danish Land Based C4ISR Market Size (US$ Million), 2018-2023 51
Figure 17: Danish Armored Personnel Vehicles Market Size (US$ Million), 2018-2023 52
Figure 18: Danish Defense Procurements In Terms Of Their Supplier Relationships 53
Figure 19: Denmark Defense Import Trend, 2012-2016 (TIV values) 54
Figure 20: Denmark Defense Imports by Country (%), 2012-2016 55
Figure 21: Denmark Defense Imports by Category (%), 2012-2016 56
Figure 22: Denmark Defense exports by Value, 2012-2016 (TIV values) 57
Figure 23: Denmark Defense exports by Country (%), 2012-2016 58
Figure 24: Denmark Defense exports by Category (%), 2012-2016 59
Figure 25: Industry Dynamics - Porter’s Five Forces Analysis 60
Figure 26: Lockheed Martin Corp. - Revenue Trend Analysis (US$ Billion), 2012-2016 97
Figure 27: Lockheed Martin Corp. - Operating Profit Trend Analysis (US$ Billion), 2012-2016 98
Figure 28: Lockheed Martin Corp. - Net Profit Trend Analysis (US$ Billion), 2012-2016 98
Figure 29: Denmark’s GDP per capita (US$), 2015-2025 102
Figure 30: Denmark’s Gross Domestic Product (current US$ Billion),2015-2025 103
Figure 31: Denmark’s Exports of goods and services (current LCU Billion), 2005-2014 104
Figure 32: Denmark’s Imports of goods and services (current LCU Billion), 2005-2014 105
Figure 33: Denmark’s gross national disposable income (US$ Billion), 2005-2014 106
Figure 34: Denmark’s DKK per US$, 2015-2024 107
Figure 35: Denmark’s Market Capitalization of listed Companies (US$ Bilion), 2005-2012 108
Figure 36: Denmark’s Market Capitalization of listed companies as a % of GDP, 2005-2012 109
Figure 37: Denmark’s Government Cash Surplus/deficit as a % of GDP,2005-2012 110
Figure 38: Denmark’s Goods Exports as a % of GDP, 2005-2014 111
Figure 39: Denmark’s Goods Imports as a % of GDP,2005-2014 112
Figure 40: Denmark’s Services Imports as a % of GDP, 2005-2014 113
Figure 41: Denmark’s Services Exports as a % of GDP, 2005-2014 114
Figure 42: Denmark’s FDI, net (BoP, Current US$ Billion), 2005-2014 115
Figure 43: Denmark’s Net FDI as a percentage of GDP, 2005-2014 116
Figure 44: Denmark’s Mining, Manufacturing, Utilities Output (LCU Billion), 2005-2014 117

 

List of Tables
Table 1: Danish Army Organization 18
Table 2: Danish Army Strength 18
Table 3: Danish Navy Strength 19
Table 4: Danish Air Force Strength 20
Table 5: Danish Ongoing Procurement Programs 21
Table 6: Danish Future Procurement Programs 21
Table 7: Top Danish Defense Programs by Value (US$ Million) 2018-2023 22
Table 8: Danish Defense Expenditure (DKK billion & US$ billion), 2014-2023 25
Table 9: Danish GDP Growth vs. Defense Expenditure as a Percentage of GDP, 2014-2023 28
Table 10: Danish Defense Budget Split Between Capital and Revenue Expenditure (%), 2014-2023 30
Table 11: Danish Defense Capital Expenditure (DKK Billion & US$ Million), 2014-2023 33
Table 12: Danish Per-Capita Defense Expenditure (US$), 2014-2023 35
Table 13: Danish Homeland Security Expenditure (DKK Billion & US$ Billion), 2014-2023 37
Table 14: Terrorism Index, 2018 42
Table 15: Benchmarking with Key Markets - 2014-2018 vs. 2019-2023 45
Table 16: Top 10 Danish Defense Market Sectors by Value (US$ Million) - 2018-2023 49
Table 17: Danish Budget Formation Timetable: 62
Table 18: Offset Regulations in Denmark 65
Table 19: Top 10 Defense Suppliers in Danish Defense Industry - By Value (US$ Million) 2018-2023 69
Table 20: Competitive Landscape of the Danish Defense Industry 70
Table 21: Systematic A/S - Product Focus 72
Table 22: Systematic A/S: Alliances 75
Table 23: Systematic A/S: Recent Contract Wins 76
Table 24: Terma A/S - Product Focus 77
Table 25: Terma A/S: Alliances 79
Table 26: Terma A/S: Recent Contract Wins 81
Table 27: Copenhagen Sensor Technology ApS - Product Focus 83
Table 28: Copenhagen Sensor Technology ApS: Alliances 85
Table 29: Copenhagen Sensor Technology ApS: Recent Contract Wins 85
Table 30: Danish Aerotech A/S - Product Focus 86
Table 31: Danish Aerotech A/S: Alliances 88
Table 32: Danish Aerotech A/S: Recent Contract Wins 89
Table 33: Falck Schmidt Defense Systems A/S - Product Focus 90
Table 34: Falck Schmidt Defense Systems: Alliances 91
Table 35: Falck Schmidt Defense Systems: Recent contract wins 91
Table 36: IFAD TS A/S - Product Focus 92
Table 37: IFAD TS A/S: Alliances 93
Table 38: IFAD TS A/S: Recent Contract Wins 94
Table 39: Lockheed Martin - Product Focus 95
Table 40: Lockheed Martin Denmark: Alliances 96
Table 41: Lockheed Martin Denmark: Recent Contract Wins 96
Table 42: TenCate Advanced Armour Denmark A/S - Product Focus 99
Table 43: TenCate Advanced Armour Denmark A/S: Alliances 101
Table 44: TenCate Advanced Armour Denmark A/S: Recent Contract Wins 101