Fast Market Research

New Market Report: Bulgaria Defence & Security Report Q3 2013

New Defense research report from Business Monitor International is now available from Fast Market Research

 

Boston, MA -- (SBWIRE) -- 06/07/2013 -- The country is working hard to modernise its armed forces, while at the same time coping with a relatively small defence budget to achieve this aspiration. The ongoing work that the country is performing vis-a-vis the incorporation of its armed forces fully into established NATO structures is resulting in a far more modern and battle-worthy army.

This includes making land forces formations available to support NATO operations around the world. Secondly, the report remarks on several initiatives that the government has embarked upon to streamline the size and geographical footprint of Bulgaria's armed forces.

View Full Report Details and Table of Contents

This has included a realignment of the country's military bases. Thirdly, the report examines several key Bulgarian military procurement programmes. Arguably the most important of these being the air force's planned acquisition of new multirole combat aircraft.

BMI has made updated the information regarding the country's planned acquisition of Multi-Role Combat Aircraft since the last quarter, although beyond this, the country has not performed any additional major defence procurement or defence modernisation initiatives.

Our forecasts are as follows:

- Government defence expenditure will be US$776mn, a 2.9% increase on 2012 figures.
- Imports will continue to remain subdued following economic uncertainty across Europe, however, the country is planning to acquire new combat aircraft.

About Fast Market Research
Fast Market Research is an online aggregator and distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff will help you find the right research to fit your requirements and your budget. For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.

Browse all Defense research reports at Fast Market Research

You may also be interested in these related reports:

- Brazil Defence & Security Report Q3 2013
- Poland Defence & Security Report Q3 2013
- Iraq Defence & Security Report Q3 2013
- Croatia Defence & Security Report Q3 2013
- Indonesia Defence & Security Report Q2 2013
- Kazakhstan and Central Asia Defence & Security Report Q3 2013
- Singapore Defence & Security Report Q2 2013
- Spain Defence & Security Report Q2 2013
- Turkey Defence & Security Report Q2 2013
- France Defence & Security Report Q2 2013