Report highlights emerging defence markets

A new report has found that Mexico, Indonesia, Nigeria and Turkey are set to become the most attractive defence markets in the coming years, with defence and related spending increasing from US$40.6 billion to US$61.1 billion by 2019 in these economies.

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Reports examine affordability of MOD Defence Equipment Plan

Two new reports released by the National Audit Office have outlined the affordability of the MOD’s ten-year Equipment Plan, concluding that work to lay the foundations for future stability in the spending plans has had a positive effect on the Department’s ability to maintain an affordable Equipment Plan.

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UK defence privatisation plans ‘axed’

Plans by Defence Secretary Philip Hammond to transform the Government’s defence procurement arm into a Government Owned, Contractor Operated (GOCO) concern have been scrapped after two of the three bidders withdrew from the procurement process.

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UK defence reorganisation plans unveiled

Defence Secretary Philip Hammond has unveiled details for the reorganisation of the Army, following the collapse of an attempt to delay the Government’s plans to reduce the size of the Army and increase the number of Reservists.

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