The Egyptian Defense Industry - Market Opportunities and Entry Strategies Analyses and Forecasts to 2015

25 Aug 2011 • by Natalie Aster

Egypt is currently undergoing a major political upheaval and the outcome of this period of change is expected to shape the domestic and foreign policies of the country in the forecast period. Consequently it will also have a major impact on the country’s defense policy.  The country signed the US-brokered Camp David peace accord in 1979 and was assured Foreign Military Financing (FMF) of US$1.3 billion per year from the US. Egypt has thus far received FMF amounting to nearly US$40 billion, through which it has replaced most of its Soviet-made inventory with US-made equipment. Provided a liberal democracy evolves in Cairo, the FMF to Egypt is expected to continue and make up 80% of the country’s capital expenditure, making the US the country’s major arms supplier. Other major suppliers to Egypt include China, Germany, France, the UK and Russia. Exclusive of US FMF, Egypt is expected to spend approximately US$23 billion on defense in the forecast period.

The report “The Egyptian Defense Industry - Market Opportunities and Entry Strategies Analyses and Forecasts to 2015” by iCD Research  provides detailed analysis of the current industry size and growth expectations from 2011 to 2015, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities in specific areas.

In order to meet its capital expenditure, Egypt relies extensively on the FMF of US$1.3 billion received annually from the US. In the review period, FMF accounted for an average of 80% of total capital expenditure and made up 25% of Egypt’s total defense expenditure. This FMF is used for the acquisition of necessary defense systems from the US. The remaining 20% of Egypt’s capital expenditure is spent from Egypt’s defense budget with an average of 7% of the total defense budget spent on capital expenditure in the review period, a figure that is expected to remain constant in the forecast period. Overall, an average of 93% of the defense budget was spent on revenue expenditure over the review period. Provided a stable political government is formed and US FMF continues at the same level as in the review period, the capital and revenue expenditure breakdown is not expected to change significantly in the forecast period.

Report Details:

The Egyptian Defense Industry - Market Opportunities and Entry Strategies Analyses and Forecasts to 2015

Published: August, 2011
Pages: 136
Price: US$ 1,250.00

Key features:

  • The report looks at historical performance as well as future industry projections using the in-house model. The report is a mixture of graphs, charts, tables and text in an effort to give the reader the maximum possible information in the most efficient and visually appealing manner.
  • The report helps marketing agencies in the industry to promote their business by aligning their capabilities and business practices with their customers’ changing needs, while it also helps suppliers to benchmark their efforts with those of their competitors.
  • The report uncovers the business outlook, key challenges and opportunities identified by suppliers and buyers, enabling industry stakeholders to understand the business sentiment prevailing in the industry.

More information can be found in the report “The Egyptian Defense Industry - Market Opportunities and Entry Strategies Analyses and Forecasts to 2015” by iCD Research.

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