|Aug 2014||49||Strategic Defense Intelligence||ASDR-130871|
This report provides a detailed analysis of the current industry size and growth expectations during 2014–19, including highlights of the key growth stimulators. It also benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities in specific areas.
The report,The Georgian Defense Industry - Market Attractiveness and Emerging Opportunities to 2019: Market Profile" is an essential source of information covering the market attractiveness and emerging opportunities of the defense industry in Georgia.
With a defense budget of US$0.4 billion and a slow economic condition, Georgia presents few opportunities. The country’s defense budget is mainly driven by factors such as the threat from Russia, the modernization of its military hardware, meeting NATO’s membership criteria, and the desire to increase its military capabilities by 2016.
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