DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/692163/united_kingdom_def) has announced the addition of the "United Kingdom Defence and Security Report Q1 2012" report to their offering.
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.
In total, the government is planning to slash defence expenditure by more than 8% as part of the government's plans to limit broader public spending. While the Ministry of Defence has been protected from the 20% cuts that have hit some other government departments, the armed forces are set for a significant squeeze which will have noticeable knock-on effects for UK defence contractors.
The UK was a significant contributor of forces to support NATO-led efforts to safeguard Libyan civilians against forces loyal to Libyan leader Colonel Muammar Qadhafi. The operation gave the UK the opportunity to showcase several new platforms and weapons systems, including the Eurofighter Typhoon combat aircraft, the dual mode' Brimstone air-to-ground missile and the operation of Apache AH Mk.1 attack helicopters from ships based in the Mediterranean. Furthermore, the UK demonstrated that it could contribute this large number of forces in a high-tempo operation while continuing to also involve itself in continuing operations in Afghanistan.
Key Topics Covered:
Executive Summary
SWOT Analysis
Global Political Outlook
Europe Security Overview
BMI's Security Ratings
Political Overview
Domestic Security Overview
Market Overview
Industry Forecast Scenario
Macroeconomic Outlook
Company Profiles
Country Snapshot: UK Demographic Data
Methodology
Companies Mentioned:
- BAE Systems
- GKN
- QinetiQ
- Rolls-Royce
For more information visit http://www.researchandmarkets.com/research/692163/united_kingdom_def