Recent Study: Germany Defence & Security Report Q4 2014
Fast Market Research recommends "Germany Defence & Security Report Q4 2014" from Business Monitor International, now available
[UKPRwire, Wed Oct 08 2014] Speaking in June 2014, German defence minister Ursula von der Leyen announced plans for Germany to increase the share of the country's Gross Domestic Product which is spent on defence. At the moment, Germany spends just over one percent of its GDP on defence. In addition, she argued that NATO's two percent non-binding figure was less important than how the money was spent, adding that the sharing of common capabilities across Europe could be one mechanism by which Germany and its neighbours can save money vis-a-vis defence procurement.
The value of arms export licences granted by the German government increased significantly in 2013 according to reports published in June 2014. In 2013 the government approved a total of 17,280 arms export applications. This was an increase of 900 licences compared to the previous year. The report continued that 38 percent of German arms exports performed in 2013 were to countries outside the European Union and NATO.
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We have given Germany an overall security risk rating of 90 for Q414. On average the country scores an overall security risk rating of 85 for the period January 2007 until Q414. We do not believe that Germany has any risk from becoming involved in a major international conflict. Similarly, we believe that Germany has a low risk of experiencing major terrorist action, and in much the same fashion, we also believe that Germany is at a low risk of experiencing high levels of serious criminal activity.
Although Germany and the United States have enjoyed an excellent relationship since the end of the Second World War, Berlin expelled the Central Intelligence Agency station chief in the US Embassy in Berlin in July 2014. The expulsion concerned two ongoing criminal investigations by German prosecutors into alleged CIA and National Security Agency activities in the country. The US has come in for harsh criticism by members of the German government regarding its espionage activities on German soil. Finance minister Wolfgang...
The Germany Defence & Security Report features Business Monitor International (BMI)'s independent forecasts for national and international security, the defence industry, military expenditure, employment in arms production, and arms imports and exports, as well as examining industry trends and prospects, national and multinational arms producers and the regulatory environment.
BMI's Germany Defence & Security Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the German defence and security industry.
* Benchmark BMI's independent defence and security industry forecasts on Germany to test other views - a key input for successful budgetary and strategic business planning in the German defence and security market.
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