The European Union Defence Market: Industry and National Procurement
The EU defence market has undergone a major transformation since the end the early 1990s with significant exports including fixed-wing aircraft, helicopters, armoured vehicles, artillery, naval vessels, ammunition, electronics and components. Annual turnover is about US$97 billion with 800,000 people directly and indirectly employed. Defence spending combined of the 27 EU countries totals some US$280 billion.
This independently researched 414-page PDF report provides a detailed current and recent insight into the EU defence market, national procurement, programmes and industry. It profiles over 950 major defence companies and small and medium enterprises (SME) within the sector, including prominent companies like BAE Systems, EADS, Finmeccanica, Thales, Nexter, Rolls-Royce, Krauss-Maffei Wegmann and Rheinmetall Defence. Key financial data for these major companies is included in the report.
Each section provides a detailed profiles of 24 countries and Europe as a whole with further information identifying key procurement agencies and equipment programmes. The report particularly assesses the defence budgets of major EU states at a time when defence spending is under pressure from the global economic crisis. Areas discussed include the impact of the recent Strategic Defence and Security Review (SDSR) in the UK and defence cuts in the likes of Sweden, Germany and France.
There is an analysis of efforts to consolidate the defence industrial base and recent mergers and acquisitions (M&A). Apart from country-specific land, air and naval programmes, the report also describes collaborative European and international programmes like the Eurofighter Typhoon, the Airbus Military A400M and the Lockheed Martin F-35 Lightning II with a list of major contractors, sub-contractors and specific workshare.
The addresses, telephone numbers and websites of over 1,000 companies, associations and government agencies are listed at the end of the publication.
This report is useful for those looking to work with European companies, find sub-contracting opportunities, become involved in European procurement or are generally interested in the EU defence market.
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