DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/e73d37/united_kingdom_def) has announced the addition of the "United Kingdom Defence and Security Report Q4 2011" report to their offering.
Business Monitor International's UK Defence and Security Report provides industry professionals and strategists, corporate analysts, defence and security associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on UK's defence and security industry.
The UK's defence budget cuts, announced in 2010 as part of a wider policy of fiscal retrenchment to address the country's deficit, came under criticism by a defence committee in August 2011, The Wall Street Journal reports. The select committee, composed of lawmakers from the UK's major political parties, raised alarm that the cuts will undermine the UK military's capabilities, arguing that the armed forces are in danger of dropping below the size needed to deliver its commitments. They argued that cuts to equipment, particularly aircraft, will severely hamper the defence of British overseas territories, including the Falkland's Islands.
Heads of the British Army have also commented in August that they are concerned about the Britain's commitments in Libya putting extra pressure on an already overburdened force. In July 2011, defence secretary Liam Fox said that the NATO mission in Libya would cost in the realm of GBP130mn, with GBP140mn needed on top of this figure to replace munitions. There seem to be significant fears across the board that the UK will fail to meet its defence requirements between 2015 and 2020 when the cuts are implemented.
Meanwhile, in a further controversial move, defence secretary Liam Fox announced to the House of Commons in May 2011 that the government will be spending GBP3bn on preliminary work for new submarines.
Key Topics Covered By United Kingdom Defence and Security Report Q4 2011
- SWOT Analysis
- Global Political Outlook
- Global Hotspots: Libya, Iran, Afghanistan, Korea, Greece
- Europe Security Overview
- Security Risk Ratings
- Political Overview
- Domestic Security Overview
- Armed Forces And Government Spending
- Market Overview
- Industry Forecast Scenario
- Company Profiles
- Country Snapshot: UK Demographic Data
Companies Mentioned:
- BAE Systems
- GKN
- QinetiQ
- Rolls-Royce
For more information visit http://www.researchandmarkets.com/research/e73d37/united_kingdom_def