DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/qgjlpq/saudi_arabia_defen) has announced the addition of the "Saudi Arabia Defence and Security Report Q3 2012" report to their offering.
This report discusses the dangers posed to Saudi Arabia by regional unrest, and in particular by sectarian strife in neighbouring Bahrain. Riyadh's support for Bahrain's Sunni royal family has led to protests in Saudi Arabia's Shi'a-dominated Eastern Province. Saudi Arabia has also begun playing a leading role in providing regional backing to the Syrian opposition in a move that could have serious implications for regional geopolitics for years to come.
Robust economic growth will continue to bankroll Saudi Arabia's military establishment, with a huge US arms package first announced in 2010 and auctioned at the end of 2011 now starting to progress.
Over the last quarter BMI has revised the following forecasts/views:
- BMI has reviewed the latest details relating to the key weapons package announced by the US in December 2011, with major contracts for companies including BAE Systems, Boeing, Lockheed Martin and Raytheon being announced.
- The decision to manufacture all of Saudi Arabia's Eurofighter Typhoons in the UK, rather than to assemble most of the aircraft in-country, means that Riyadh's own facilities will now be dedicated to providing through-life support for the Typhoon fleet.
- Saudi Arabia's Shi'a-dominated Eastern Province remains tense. It is BMI's view that the biggest single global political risk at the present time is an Israeli or US air strike against Iran to prevent it from developing nuclear weapons. This in turn is a major threat to Saudi stability, with the Shi's-dominated Iran potentially in a position to destabilise Saudi Arabia's Shi'a east in the event of a conflict.
Companies Mentioned:
BAE Systems
Thales International
For more information visit http://www.researchandmarkets.com/research/qgjlpq/saudi_arabia_defen