Egypt Defense Industry Analyzed & Forecast in New SDI Research Report Published at MarketPublishers.com
24 Oct 2013 • by Natalie Aster
LONDON – During the past 3 decades, Egypt has been getting Foreign Military Financing (FMF) assistance from its ally (the U.S.) in the amount of around USD 1.3 billion annually. This FMF assistance meets the majority of the country’s CAPEX, and comes with a clause requiring Egypt to spend the full amount on purchasing defense goods and services from U.S. defense contractors. The financial aid has been used to replace most of the country’s aging equipment (mainly from the former Soviet Union and China) with original U.S. military hardware.
However, following the overthrow of Egypt's elected President, Mohammed Morsi, in 2013, the U.S. is currently reviewing its FMF to the country. Nevertheless, the Egyptian own defense budget is likely to increase at a CAGR of about 7.5% through 2018.
New research report “Future of the Egyptian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018” created by Strategic Defence Intelligence (SDI) offers a comprehensive guide to the defense market in Egypt.
The report provides an insightful analysis of the Egyptian defense market, uncovering historical and current data on the industry performance. The research examines the key stimulators of the market growth, presents insights into the competitive environment and profiles domestic defense companies, evaluates the market attractiveness and outlines key market opportunities and challenges. The study features Porter’s five forces analysis of the industry, reviews various market entry strategies, sheds light on the regulative framework, characterizes the business environment in the country, and identifies key risks facing investors in the market. The report is supplemented with the Egyptian defense market outlook and forecast up to 2018.
Future of the Egyptian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018
Published: October, 2013
Other New Topical Research Reports by SDI Include:
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- The Global Military Radar Market 2013-2023 - Major Programs: Market Profile
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More new market research reports by the publisher can be found at SDI page.