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While there are limited major security threats to Australia over the short to medium term, BMI expects it to continue to play a prominent role in international peacekeeping military campaigns. This policy is currently being played out in Australia's recent military response to the threat posed by the Islamic terrorist group ISIS in the Middle East. We expect such strategic military objectives to continue to fuel arms procurements, particularly from its closest trade partner the US, and drive an increase in overall defence expenditure for the remainder of our forecast period.

The Venezuelan defence sector is set to continue to be the largest in Latin America in terms of expenditure, which we project at USD3.5bn in 2015. However, in terms of production Venezuela will remain an insignificant player in the world arms market. Although falling oil prices are set to lead to budget cuts, we believe that military spending will be maintained.

Euromonitor International's Industrial reports provide a 360 degree view of an industry. The Industrial market report offers a comprehensive guide to the size and shape of the Aircraft and Spacecraft market at a national level. It provides the latest retail sales data, allowing you to identify the sectors driving growth. It identifies the leading companies, the leading brands and offers strategic analysis of key factors influencing the market - be they new product developments, packaging innovations, economic/lifestyle influences, distribution or pricing issues. Forecasts illustrate how the market is set to change.

The Future of the Moroccan Defense Industry - Market Attractiveness, Competitive Landscape, and Forecasts to 2019 published by Strategic Defence Intelligence, provides readers with a detailed analysis of both historic and forecast industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.

The Future of the Lebanese Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019, published by Strategic Defence Intelligence, provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.

We expect Ukraine to spend USD3.2bn on defence in 2015, a noticeable decline from previous years, despite the ongoing security situation. We expect Ukraine to spend less than USD4bn a year on defence through to 2018, rising to USD4.2bn in 2019.

President Cristina Fern?ndez de Kirchner has had an eventful year. With repeated visits to the hospital it has affected her mid-term elections results. Although her party remains in control of both houses, there is a distinct lack of power she now holds over proposing new legislature as well as amending the current two term limit on presidential elects. Due to failing health and her lack of influence within the Argentine government BMI expects her not to run for president again at the end of 2015. This will greatly affect any further procurements as well as military/defensive spending.

Landmark constitutional changes in 2014 will continue to have a significant impact on Japan's defence policy and role in regional and international security in 2015. Key reforms to Article 9 of the constitution have opened the doors to the international market for Japanese defence firms, who can now export defence systems and cooperate on joint ventures with international partners. In addition, these constitutional changes have edged Japan towards military normalisation, paving the way for a more active role in regional security. To make these amendments actionable, the Ministry of Defence has requested a record 3.5% budget increase, which will be used to fund major new acquisitions in maritime and air security.

The Future of the Kuwaiti Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019, published by Strategic Defence Intelligence, provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.

The Future of the Uzbek Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2019, published by Strategic Defense Intelligence, provides readers with a detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.

The Global Military Fixed - Wing Aircraft Market 2015-2025 report, published by Strategic Defence Intelligence, provides readers with a detailed analysis of both historic and forecast global industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.

Defence expenditure as a proportion of GDP rose in the last decade, from 1.15% of GDP in 2000 to 1.6% of GDP in 2010. However, it has declined since, and we estimate defence of 1.2% in 2014, although we do see a rise to 1.3% in 2015. This is well below the NATO European average of 2.2% and below the 2% target that NATO specifies for its members.

Mixed messages were received from the Slovak Ministry of Defence during 2014 regarding the country's defence budget for this year. Initially, the government stated it would not be increasing its defence budget over the coming years. However, in September 2014, the government then pledged to increase its defence spending to 1.6% of gross domestic product by 2020.

The Scandinavian Defense Spending industry guide provides top-line qualitative and quantitative summary information including: market size (value and volume 2009-13, and forecast to 2018). The guide also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Amid regional instability, Jorda n remains a key U.S. ally and we expect th is defence relationship to develop further over the course of 2015. As defence budgets tend to grow amidst increased threat perceptions, for 2015, we forecast Jordan's defence expenditure to grow at annual rate of 9.7% to bring spending to USD2. 8 bn despite stagnation in the wide r economy.

SDI's "Homeland Security Expenditure in Ukraine to 2019: Market Review" provides historic and forecast market sizing and budget allocation, and a top-level analysis of the market.

The process of dismantling an aircraft at the end of its life as a combined airframe is known as parting out. Aircrafts may be parted out while they are still certified and still in service as the components in them are more valuable. As any product, an aircraft also depreciates in value over time. The value of the aircraft depends on a number of aspects such as increased cost of maintenance, repair and to abide with the legislation. Over a period of time, it becomes expensive for aircraft owners to maintain aircrafts that are out of service. Hence, aircrafts that are out of service are dismantled and recycled. The reusable parts will be sold in the aftermarket or the owners will refurbish and use them in new aircrafts. Metals such as aluminum of the aircrafts are recycled and sold in the aftermarket. AFAR is a global association that is dedicated in pursuing and promoting environmental best practices, regulatory excellence, and sustainable developments in aircraft disassembly.

George Hatcher of Air Crash Consultants believes that in order for justice to be served in the domain of wrongful death and personal injury cases, it is crucial that every claim pursues the maximum compensation possible. His input on trending aviation matters, such as the importance of timely recovery of the black boxes on Flight 8501, is frequently sought.

Last 2014, Changi Exhbition Centre opened its gates to 1,018 participating companies from 47 countries and regions, 45,152 trade attendees and 274 delegates from 76 countries and regions. Flying the skies once again for Asia's biggest and most important aerospace and defence exhibition is Singapore Airshow 2016. International government, military delegates and company decision makers will once again meet to discuss challenges, experience solutions and new technological developments of the aviation and aerospace industry. It is a perfect platform for companies eyeing to invest and expand their products in the Asia Pacific region, develop partnerships and rub elbows with key stakeholders.

Here is good news to those who want to make money from home. A website, Fortune25.com, offers its visitors an income earning opportunity without leaving their homes. For people who direly need to earn money, this is a legitimate offer that is hard to ignore.

Monmouth Jet Center offers affordable hangar space in NJ for most kinds of private aircraft from helicopters and prop planes, to multi-engine Gulfstream charter Jets.

This report provides analysis on competitive benchmarking along with top companies active across the Venezuela defense industry. It features insights into the recent activity and strategic initiatives of key public sector companies that support the industry. The information is divided into sections such as company overview, products and services and alliances, to give the reader an understanding of the business environment in which the defense industry operates.

The Global Military Radar Market 2014-2024Report, published by Strategic Defence Intelligence, provides readers with a detailed analysis of both historic and forecast global industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.

At present, Kazakhstan and the other four Central Asia countries, Turkmenistan, Tajikistan, Uzbekistan, and Kyrgyzstan have limited defence budgets, yet numerous requirements. While BMI expects these budgets to increase incrementally over the coming years, BMI also expects the budgetary and underdevelopment challenges to limit those increases considerably. These countries face numerous internal and external security challenges. Border disputes, criminality, domestic infighting and domestic and transnational terrorism are just a few of those challenges.

At the end of 2014, security issues for Egypt both at the domestic and regional level continue to be of major concern. The BMI view is that Egypt's violent crack on all forms of political opposition risks pushing more and more young people - a key segment of the population - towards adopting extremist views in the long term. As the military seeks to continue strengthening its grip on power, we are expecting defence spending to increase both in absolute and relative terms in 2015.