Reportstack has announced a new market report on Iraqi Defense Industry - Competitive Landscape and Forecasts to 2018 which is the result of extensive market and company research covering the Iraqi 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.
The Future of the Iraqi Defense Industry - Market Attractiveness, Competitive Landscape, and Forecasts to 2018 offers the reader an insight into the market opportunities and entry strategies adopted by foreign original equipment manufacturers (OEMs) to gain market share in the Iraqi defense industry. Iraq is undergoing a phase of post-war national development as all aspects of national infrastructure, including the military, need rebuilding. The toppling of the Saddam Hussein regime and subsequent turmoil left the country's armed forces in a vulnerable state, rendering them incapable of defending themselves against any form of internal and external aggression. The Future of the Iraqi Defense Industry - Market Attractiveness, Competitive Landscape, and Forecasts to 2018 provides detailed analysis of the current industry size and growth expectations from 2014 to 2018, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.
Key Features and Benefits
The report provides detailed analysis of the current industry size and growth expectations from 2014 to 2018, including highlights of key growth stimulators, and also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.
The report includes trend analysis of imports and exports, together with their implications and impact on the Iraqi defense industry.
The report covers five forces analysis to identify various power centers in the industry and how these are expected to develop in the future.
Key Market Issues
Corruption results in unfair contract awards and thus has become a major obstacle for foreign companies aiming to supply arms to the Iraqi MoD. Iraq's Central Criminal Court initiated an investigation into corruption charges of officials involved in a US$4.2 billion arms deal with Russia in 2011. The country's parliament did not approve this deal and both countries renegotiated the arms sale in the first quarter of 2013. In 2011, the Iraqi Ministry of Interior returned US$20 million to state treasury after resolving mass corruption cases, including the issue of the contract for ADE 651 explosive detectors. Issues such as these have caused the MoD and Ministry of Interior to maintain a high level of focus on anti-corruption activities.
Key Highlights
The considerable loss and wear and tear of equipment during the war and the following period have left the Iraqi military in need of modern arms and equipment. The complete withdrawal of US forces in 2012 amplified the need of weaponry to deal with Kurdish insurgency, sectarian violence, and the terrorist activities of Al-Qaeda. The Iraqi government drafted a military reform program to address the need of military hardware, such as jet fighters, armored vehicles, air missile defense systems, and communication systems. As part of the military reform, the MoD ordered 36 F-16 fighter jets from the US, of which 24 are expected to be delivered from 2014 onwards. The country's lack of advanced military hardware is exemplified by the fact that even though the government is procuring the F-16s in a bid to form two squadrons, its neighbor Kuwait, which has relatively lower levels of defense expenditure, has a fleet of five squadrons already in place. In view of this, Iraq is projected to procure more fighters over the next decade. The country also plans to build an integrated air defense network and ordered medium range surface-to-air and very short range surface-to-air systems from the US.
The Future of the Iraqi Defense Industry - Market Attractiveness, Competitive Landscape, and Forecasts to 2018 offers the reader an insight into the market opportunities and entry strategies adopted by foreign original equipment manufacturers (OEMs) to gain market share in the Iraqi defense industry. Iraq is undergoing a phase of post-war national development as all aspects of national infrastructure, including the military, need rebuilding. The toppling of the Saddam Hussein regime and subsequent turmoil left the country's armed forces in a vulnerable state, rendering them incapable of defending themselves against any form of internal and external aggression. The Future of the Iraqi Defense Industry - Market Attractiveness, Competitive Landscape, and Forecasts to 2018 provides detailed analysis of the current industry size and growth expectations from 2014 to 2018, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.
Key Features and Benefits
The report provides detailed analysis of the current industry size and growth expectations from 2014 to 2018, including highlights of key growth stimulators, and also benchmarks the industry against key global markets and provides a detailed understanding of emerging opportunities in specific areas.
The report includes trend analysis of imports and exports, together with their implications and impact on the Iraqi defense industry.
The report covers five forces analysis to identify various power centers in the industry and how these are expected to develop in the future.
Key Market Issues
Corruption results in unfair contract awards and thus has become a major obstacle for foreign companies aiming to supply arms to the Iraqi MoD. Iraq's Central Criminal Court initiated an investigation into corruption charges of officials involved in a US$4.2 billion arms deal with Russia in 2011. The country's parliament did not approve this deal and both countries renegotiated the arms sale in the first quarter of 2013. In 2011, the Iraqi Ministry of Interior returned US$20 million to state treasury after resolving mass corruption cases, including the issue of the contract for ADE 651 explosive detectors. Issues such as these have caused the MoD and Ministry of Interior to maintain a high level of focus on anti-corruption activities.
Key Highlights
The considerable loss and wear and tear of equipment during the war and the following period have left the Iraqi military in need of modern arms and equipment. The complete withdrawal of US forces in 2012 amplified the need of weaponry to deal with Kurdish insurgency, sectarian violence, and the terrorist activities of Al-Qaeda. The Iraqi government drafted a military reform program to address the need of military hardware, such as jet fighters, armored vehicles, air missile defense systems, and communication systems. As part of the military reform, the MoD ordered 36 F-16 fighter jets from the US, of which 24 are expected to be delivered from 2014 onwards. The country's lack of advanced military hardware is exemplified by the fact that even though the government is procuring the F-16s in a bid to form two squadrons, its neighbor Kuwait, which has relatively lower levels of defense expenditure, has a fleet of five squadrons already in place. In view of this, Iraq is projected to procure more fighters over the next decade. The country also plans to build an integrated air defense network and ordered medium range surface-to-air and very short range surface-to-air systems from the US.
The Companies Mentioned in this report are General Dynamics, Lockheed Martin, Thales Raytheon Systems, BAE Systems, Bell Helicopter Textron, Raytheon.
To view the table of contents and know more details please visit Iraqi Defense Industry - Competitive Landscape and Forecasts to 2018 report.
No comments:
Post a Comment