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Defence & Security Industry Reports

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Argentina Defence & Security Report

Argentina Defence & Security Report

Pub date:06 Nov 2013

BMI View: Argentina is facing into a period of political transition. President Cristina Fernández de Kirchner was forced to hand over to her vice president in October due to ill-health, amid mid-term ...
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Australia Defence & Security Report

Australia Defence & Security Report

Pub date:16 Apr 2014

BMI View:   The Australian D efence Force (ADF) is now in a transitional period. After ongoing operational and logistical investment in operations in Afghanistan, the Solomon Islands and Timor-Leste, the ADF is now foc used ...
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Belarus Defence & Security Report

Belarus Defence & Security Report

Pub date:06 Nov 2013

BMI View: In 2014 we expect that Belarus will continue to align its security and economy with Russia, even though Belarus has entered into increasing amounts of talks with Western European nations. That said the two ...
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Bosnia-Herzegovina Defence & Security Report

Bosnia-Herzegovina Defence & Security Report

Pub date:30 Oct 2013

BMI View: Political instability remains the key security concern in Bosnia in the near term. With a general election due in October 2014, party brinkmanship could exacerbate ethnic divisions among the population of Serbs, Croats and ...
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Brazil Defence & Security Report

Brazil Defence & Security Report

Pub date:09 May 2014

BMI View: With the FIFA World Cup fast approaching, Brazil is making the final preparations for what will be the largest security operation ever undertaken on Brazilian soil. The security operation will involve 170,000 personnel from ...
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Bulgaria Defence & Security Report

Bulgaria Defence & Security Report

Pub date:09 May 2014

BMI View:   Bulgarian defence spending has fluctuated in recent years while broadly maintaining a downward trend. In 2014 we expect the country to spend around USD620mn on defence, down from USD670mn in 2011 and USD601 ...
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Canada Defence & Security Report

Canada Defence & Security Report

Pub date:10 Apr 2014

The Canadian military is in a period of transition that we believe will last for several years, as the government winds down operations abroad and focuses more on domestic priorities. However, we expect that Canada ...
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Chile Defence & Security Report

Chile Defence & Security Report

Pub date:13 Dec 2013

Over 2012 and 2013, the threats to Chile's security have transformed into internal ones, moving away from external threats. The country continues to witness widespread sporadic protests against the government, which also continued through 2012. 2013 was also witness ...
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China Defence & Security Report

China Defence & Security Report

Pub date:17 Jul 2014

BMI View:   China's establishment of an Air Defense Identification Zone (ADIZ) in November 2013 has significantly raised geopolitical tensions in the Asia Pacific region, and risks creating a major backlash against Beijing. Tensions over the disputed ...
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Colombia Defence & Security Report

Colombia Defence & Security Report

Pub date:15 May 2014

BMI View:   The Colombian government is involved in ongoing talks with left-wing insurgent group Fuerzas Armadas Revolucionarias de Colombia (FARC). At the same time, the peace talks are accompanied by sustained or open-ended ceasefires, as ...
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Croatia Defence & Security Report

Croatia Defence & Security Report

Pub date:19 Jun 2014

We expect Croatia's defence budget to reach USD802.8mn in 2014. After a period of decline, we expect defence spending to recover from 2014 onwards, with the budget increasing to USD812.1mn in 2015. We expect this trend ...
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Czech Republic Defence & Security Report

Czech Republic Defence & Security Report

Pub date:08 Nov 2013

BMI View: The Czech Republic is to continue to benefit from its membership in both NATO and the EU, both in terms in the capability of its armed forces and the breadth and capacity of ...
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Egypt Defence & Security Report

Egypt Defence & Security Report

Pub date:21 May 2014

We expect Egypt's defence budget to reach USD5.4bn in 2014. We anticipate that it will increase to USD5.9bn in 2016 and then to USD6.5bn the following year. The final two years of our forecast ...
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France Defence & Security Report

France Defence & Security Report

Pub date:01 Apr 2014

In 2014, we expect France to spend USD49.9bn on defence. This is a decrease from 2013 when the country set its defence budget at USD50.6bn. Since 2010, France has spent an average of USD50.3bn on ...
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Germany Defence & Security Report

Germany Defence & Security Report

Pub date:26 Mar 2014

We expect Germany to spend a total of USD47.2bn on defence in 2014. This is a notable reduction from the USD47.6bn which it spent in 2013, and reflects the generally fluctuating levels of German defence ...
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Greece Defence & Security Report

Greece Defence & Security Report

Pub date:24 Mar 2014

BMI expects Greece to spend up to USD5.8bn on defence in 2014. In recent years, because of Greece's serious economic woes, the level of the national defence budget has steadily fallen. On average, Greece has ...
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Hungary Defence & Security Report

Hungary Defence & Security Report

Pub date:25 Nov 2013

BMI View: The expansion and modernisation of Hungary's military forces and hardware was hampered in 2013 by the centre-right Fidesz party government's firm commitment to reining in the budget deficit to below 3.0% of GDP in an ...
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India Defence & Security Report

India Defence & Security Report

Pub date:09 Jul 2014

BMI View: Following the landslide victory of Narendra Modi and the Hindu nationalist Bharatiya Janata Party (BJP) in India's general elections in May 2014, India is poised for an era of a more assertive foreign policy ...
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Indonesia Defence & Security Report

Indonesia Defence & Security Report

Pub date:18 Mar 2014

BMI View:   Indonesia benefits from a substantial size advantage over its neighbours, although the relevance of this has declined as the South East Asian region continues to display considerable stability. The success of ASEAN has ...
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Iran Defence & Security Report

Iran Defence & Security Report

Pub date:20 May 2014

BMI View: We think that the country's nuclear activities will remain a point of contention with the international community for the years to come, and if a comprehensive deal is not signed now, we anticipate ...
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