Italy is currently in the process of performing a wide-ranging review of its defence requirements. This review is being conducted as a result of the current government's desire to reduce Italian public spending and because of changing Italian strategic priorities. Much speculation is focusing on whether Rome will reduce its order for Lockheed Martin F-35 Lighting-II multi-role combat aircraft. The country had originally been earmarked to receive 90 of the jets, but this order may now be reduced as part and parcel of a cost-cutting measure.
Full Report Details at
- http://www.fastmr.com/prod/881049_italy_defence_security_report_q4_2014.aspx?afid=101
Italy may benefit from receiving additional important work vis-a-vis the Lockheed Martin F-35 Lightning-II multi-role combat aircraft. The aircraft's manufacturer is looking at Italy as a possible location for a site where the maintenance, repair and overhaul of F-35s flown by European air forces and navies can be performed. The favourite site to this end is Cameri Air Base in northern Italy.
As of August 2014, Italy was reportedly evaluating the Piaggio Aero PIHH Hammerhead Unmanned Aerial Vehicle as a potential replacement for the Italian Air Force's fleet of MQ-9 Predator Unmanned Combat Aerial Vehicles. Currently, the Italian Air Force is also contemplating an upgrade for the MQ-9 fleet which could include the addition of a maritime surveillance radar and new optronics.
The Italian armed forces are currently in the process of reducing their numerical strength by over 20 percent. Admiral Luigi Binelli Mantelli, chief of the Italian Defence General Staff, said he is confident that this can be achieved by 2022. This should see the loss of around 50,000 personnel and is being performed to assist reductions in public spending in Italy.
In July 2014, the Israeli Air Force took delivery of the first of two M-346 Lead-In Jet Trainer aircraft which it ordered from Italian firm Alenia Aermacchi in 2012. It is expected that Alenia Aermacchi will deliver a further six aircraft be the end of the year, with the full complement of 30...
The Italy 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 Italy Defence & Security Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the Italian defence and security industry.
Key Benefits
* Benchmark BMI's independent defence and security industry forecasts on Italy to test other views - a key input for successful budgetary and strategic business planning in the Italian defence and security market.
* Target business opportunities and risks in the Asia defence and security sector through reviews of latest industry trends, regulatory changes and major deals, projects and investments in Asia.
* Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity).
Coverage
Global and Regional Political Outlooks
A strategic overview of the world's major political risks, identifying countries facing leadership successions and nations at risk of upheaval, inter-state conflict or separatism and insurgencies, plus a summary of the world's 'wild card' low-probability high-impact risks.
SWOT Analysis
Snapshot evaluation of the major issues affecting the defence and security sectors, economy and politics, with issues subdivided into 'Strengths', 'Weaknesses', 'Opportunities' and 'Threats'.
Political Risk Assessment
Drawing on BMI's heritage of more than 25 years of Country Risk analysis, this comprehensively evaluates the key risks to domestic politics and foreign relations, focusing on issues most likely to affect either domestic security or the defence sector.
Security Risk Analysis
BMI's proprietary Security Risk Rankings provide a reliable - and country comparable - guide to conflict, terrorism and criminal risk, backed up by our analyst's latest assessment of each component. Furthermore, drawing on our country risk expertise, we assess the state's vulnerability to a serious - or prolonged - terrorist campaign.
Armed Forces Spending/Expenditure
The reports contain a detailed breakdown of areas of expenditure by the armed forces, these include spending on international deployments, WMDs and missile defence systems as well as individual breakdowns of the cost-per-soldier.
Domestic Security Overview
The domestic security overview lists the various potential internal security threats facing a country, ranging from internal security issues such as terrorism, cyber terrorism, crime and drugs, to external security issues including general defence procedures and potential threats from specific countries.
BMI Industry Forecast Scenario
Historic data series and forecasts to end-2018 for key industry indicators supported by explicit assumptions, plus analysis of key downside risks to the main forecast.
Budgets & Expenditure: Defence expenditure (local currency and US$bn); defence expenditure (% of total budget); defence expenditure (% of GDP); defence expenditure per capita, US$; defence budget (local currency and US$bn).
Employment: Employment in arms production (`000s); employment in arms production (% of labour force).
Macroeconomic: BMI's forecasts and analysis of all headline macroeconomic indicators, including real GDP growth, inflation, fiscal balance, trade balance, current account and external debt.
Company Profiles
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
read full article