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Romania's annual defence budget has historically maintained an average level of USD2.2bn between the years 2010 and 2017. BMI expects Romania's annual defence budget to be worth an estimated USD2bn in 2014. There is undoubtedly a need for defence spending to increase in Romania, given that the country's armed forces are in serious need of modernisation, in order to replace obsolete equipment which the country obtained during the Cold War.

China's declaration of an Air Defence Identification Zone (ADIZ) over disputed areas of the East China Sea, has raised concerns that China may take similar unilateral actions in the South China Sea. Given that Vietnam is involved in territorial disputes with China in the South China Sea, most notably over the Spratly and Parcel Islands, any advances from Beijing would have far more serious repercussions on Vietnams defence and security policy.

Like many aspects of Saudi Arabia's security posture, the country has traditionally been highly secretive regarding the size of its defence budget. It does not reveal or publish its annual spending levels, or the levels of its defence imports and exports. In 2013, BMI anticipated that the country spent US$68.8bn on defence.

Yemen is suffering from ongoing political instability, armed insurgencies and both criminal and jihadi activities within its borders. Although some progress has recently been achieved in Yemen's National Reconciliation Conference, very significant hurdles remain, including the desire of many in the South to form an independent state. We believe that a general election, scheduled to take place in February 2014, will not be held until Q214 at the earliest. Overall, the future of Yemen is of great importance for the Middle East. Yemen's position next to Saudi Arabia means the kingdom is greatly concerned with instability spreading to its own territory. In addition, Yemen has emerged as a safe haven for al-Qaeda in the Arabian Peninsula, which has masterminded several failed terror attacks against the West. Furthermore, as Yemen borders the Red Sea and Gulf of Aden, any chaos in the country could boost piracy in these waters, which has already surged as a result of lawlessness in nearby Somalia.

Synopsis SDI's "Homeland Security Expenditure in Angola to 2018: Market Review" provides historic and forecast market sizing and budget allocation, and a top-level analysis of the market.

Thermal power accounts for the majority of global electricity generation and is expected to continue its dominance in the future as well. Governments in developed and developing countries, along with taking initiatives to curb negative impact from fossil fuel fired power generation on the environment have been taking various steps to ensure a sustainable and continuous energy supply in their respective countries. Thermal power is the most reliable source of power generation as the power produced through this source is at a higher capacity factor as compared to renewable plants. Though fossil fuel fired plants pollute air, moving away completely from thermal power to alternative energy is not suitable approach to ensure energy security, therefore, continued growth of thermal power is the only way to meet the rising electricity demand going forward.

Product Synopsis This report provides a concise overview of the Prepared Meals market in the UK. After reading this report, you will understand the size of the market, the economic, demographic, and behavioural trends that will drive its evolution within the market, allowing you to plan effectively for the future.

MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage.

BMI expects the UAE to set its defence budget at US$103.8bn for 2014, and to increase this further to US $158.1bn by 2018. These levels of spending have given the UAE one of the largest defence budgets in the world. The country is spending lavishly on defence to update equipment considered obsolete, and also to address security threats which exist in its locale.

The report provides in-depth analysis of the C4ISR market. It provides information about current trends in the market with respect to geographies, countries, platforms, technology and current market scenario. It throws light on the current market trends, the drivers and restraints of this market, the challenges faced in the market and the opportunities that will impact the growth of this market. It analyzes the sub-segments of C4ISR namely, C4 (Command, Control, Communications & Computers) and ISR (Intelligence, Surveillance and Reconnaissance). It provides information about the trends of these two sub-segments across geographies and also provides information about the top spenders in the global C4ISR market. The report also provides information about the technology roadmap, which underlines the emerging trends for the C4ISR market and also highlights which technologies will dominate the market in future. The report provides information about the product life cycle, the cost of procurement, integration and maintenance of the C4ISR systems across geographic regions. The platform splits for airborne, naval, and land-based C4ISR systems are also provided. The report also provides a brief description about the C4ISR competitive landscape. The regions considered for the report are Africa, Europe, Asia-Pacific, Latin America, North America and Middle East. The countries covered in this report are Australia, Brazil, Canada, France, Germany, India, Indonesia, Japan, Russia, Saudi Arabia, South Korea, Turkey, United Arab Emirates, United Kingdom, and the United States.

Overall, defence and security risks are likely to rise in the near-future for Ukraine as the country teeters on the brink of revolution. Internally, ongoing resistance to the government's decision to walk away from an Association Agreement with the EU continues to rage on, threatening to spill over into a full-blown revolution. On the foreign-policy front, the country's relationship with Russia has come under pressure of late over the issue of gas imports and Ukraine's EU ambitions. Overshadowing the precarious political situation, the economy remains on the brink of collapse, posing major risks to defence spending in the nearfuture.

Uganda's defence spending has fluctuated wildly during the forecast period 2010-2017. At the start of the decade, Uganda was spending up to US$585mn on defence. This then declined to US$583mn in 2011, before experiencing a steep decline to US$276mn in 2012 and then experiencing a slight gain to US$288mn in 2013. BMI believes that the defence budget will increase to US$342mn in 2014, before experiencing a significant increase to US$414mn in 2015. The final two years of the forecast period will see defence expenditure increasing to US$517mn in 2016 and then to US$639mn in 2017.

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 most significant development regarding Colombia's defence and security situation during Q114 has been the ongoing peace talks between the government of President Juan Manuel Santos, and the left-wing FARC-EP guerrilla movement. However, violence has continued in the background, with a December 2013 attack by the government on a FARC position in central Colombia killing 10 rebels, including a senior commander.

Product Synopsis This report is the result of SDI's extensive market and company research covering the Kenyan defense industry, and provides detailed analysis of both historic and forecast defense industry values including key growth stimulators, analysis of the leading companies in the industry, and key news.

This report provides in-depth information on the dynamics of Angola defense procurement and trend analysis of imports and exports. The figures are based on trend indicator values (TIV) expressed in US$ million at constant (1990) prices. Although figures are expressed in US$, TIVs do not represent the financial value of goods transferred. Rather, TIVs are an indication of the volume of arms transferred.

This report provides a detailed analysis of the current industry size and growth expectations during 2013-18, 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.

Synopsis SDI's "Homeland Security Expenditure in Oman to 2018: Market Review" provides historic and forecast market sizing and budget allocation, and a top-level analysis of the market.

A spokesperson for the HEDD1 and SniffexPlus explosive detectors has just announced that the two devices once again performed exceptionally well locating explosives and ammunition during a series of tests and presentations that were conducted in different countries throughout the world.

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 then, and we forecast defence spending to remain at 1.2% of GDP in 2013, rising to 1.3% by 2015. This is well below the NATO European average of 2.2% and below the 2% target that NATO members adopted as a target for 2014.

Bye Aerospace, Inc. and BoldIQ, Inc. concluded an extensive analysis that projects the long endurance Silent Guardian, a solar-electric hybrid unmanned aerial vehicle (UAV), deployed with BoldIQ’s dynamic operations optimization software, offers twice the mission productivity (effective time on station versus total sortie flight hours) at less than half the operating costs.

Italian defence expenditure is expected to experience a significant decline over the coming four years. BMI predicts that the value of Italian defence expenditure will fall to US$32.3bn in 2014, from a total of US $35.4bn for 2013. This downward trend is likely to continue until 2017. BMI believes the budget will remain at about US$31.9bn for the years 2015 and 2016, before gaining slightly to US$32.7bn by the end of the forecast period in 2017.

Since the end of the Cold War, Canada has remained one of the lowest spenders on defence in NATO in contrast to its larger neighbour to the south. The start of the decade saw Canada spend around US$21.2bn annually on defence. This increased to US$23.1bn the following year, before rising to US$22.5bn in 2012 and US$24.8bn in 2013. This upward trend is predicted to continue for the remainder of the forecast period until 2017.

The election of Tony Abbott's coalition in September 2013 should spell a welcome increase in defence spending from the perspective of the struggling local defence industry. Abbott has pledged to increase spending from 1.59% of GDP now to 2% by 2023-24. That could result in the defence budget doubling over the coming decade, though that depends on the strength of Australia's GDP growth rate. But the pledge will be a challenging one to deliver, even if the national economy grows strongly, since Abbott has effectively committed himself to growing the defence budget by 5-6% annually for the next ten years. Even so, defence now looks set for healthy funding increases, even if Abbott struggles to meet his 2% target.

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