United Kingdom Defence and Security Report Q1 2015

Date: January 14, 2015
Pages: 91
US$ 1,295.00
Report type: Strategic Report
Delivery: E-mail Delivery (PDF), Download
ID: U9997353E92EN

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Includes 3 FREE quarterly updates

BMI expects the UK to spend up to USD75.3bn in 2015, up slightly from the estimated USD73.9bn expenditure of 2014. On average, between 2011 and 2014, the UK spent USD66.9bn annually on defence. For the duration of the forecast period, up to and including 2019, we expect the UK to spend an average of USD83.7bn on defence annually, with the budget increasing to USD92.1bn in 2019.

Our anticipated UK defence spending trends are significant as they show that the UK defence sector is once again growing after a period of contraction, in line with government initiatives to curb public spending. The London-based Royal United Services Institute (RUSI) warned in a report published in early September 2014 that the UK would miss key defence spending targets in 2015/16. In particular, the report warned that the UK could see the proportion of its GDP which it allocates to defence reducing to around 1.88% in 2015/16. Currently, only four of NATO's members routinely maintain defence spending above two percent of their GDP.
BMI Industry View
United Kingdom Security SWOT
United Kingdom Defence SWOT
Industry Forecast
Defence Expenditure
  Table: Defence Expenditure (United Kingdom 2011-2018)
  Table: Defence Expenditure Scenario - Changing % Of GDP (United Kingdom 2011-2018)
Armed Forces And Government Spending
  Table: Armed Forces Personnel (United Kingdom 2004-2011)
Defence Trade
  Table: Defence Trade Balance (United Kingdom 2011-2018)
  Table: Defence Exports (United Kingdom 2011-2018)
  Table: Defence Imports (United Kingdom 2011-2018)
Macroeconomic Forecasts
  Table: United Kingdom - Economic Activity
Industry Risk Reward Ratings
Developed States Security Risk Index
  Table: Developed States Security Risk Index
  Table: Developed States State Vulnerability To Terrorism Index
United Kingdom Security Risk Index
Market Overview
United Kingdom Defence Market Overview
Armed Forces And Government Spending
Weapons Of Mass Destruction
Industry Trends And Developments
United Kingdom Security Overview
Domestic Threats
Regional Threats
International Threats
Company Profile
BAE Systems
  Table: Key Financial Data
  Table: Key Financial Data
  Table: Key Financial Data
Rolls Royce
  Table: Key Financial Data
Regional Overview
Europe Security Overview
Global Industry Overview
Global Political Outlook
Industry Forecast Methodology
Sector-Specific Methodology
Security Risk Index Methodology
  Table: Indicators And Weighting
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