Boston, MA -- (SBWIRE) -- 05/02/2014 -- BMI expects the Iraqi defence budget to be worth US$22.4bn in 2014. This will be a significant increase from the US$18.6bn which Iraq spent on defence in 2013. By 2018, we see Iraq spending US$44.06bn on defence.
The government of Iraq remains locked in a violent struggle against the Islamic State of Iraq and the Levant (ISIL). The ISIL is said to be capable of mounting up to 40 large-scale attacks per month and is currently thought to have around 7,000 personnel under arms. The movement has scored some significant victories in Iraq and succeeded in occupying parts of Fallujah. The Iraqi Army's response to the ISIL occupation of the city of Fallujah was an all-out assault against ISIL strongholds in the city, which commenced on January 4 2014.
As regards procurement activity, in February 2014, Iraq concluded a deal with Pakistan to acquire Super Mushak trainers to equip its air force. Similarly, Iraq has lodged a request with the United States for the supply of Air Traffic Control and Landing Systems to equip its air force. In order to assist with its counter insurgency efforts, Iraq received 50 AGM-114 Hellfire air-to-ground missiles in December 2013.
View Full Report Details and Table of Contents
About Fast Market Research
Fast Market Research is a leading 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 is always available to 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:
- India Defence & Security Report Q2 2014
- South Korea Defence & Security Report Q2 2014
- Croatia Defence & Security Report Q2 2014
- Spain Defence & Security Report Q2 2014
- Singapore Defence & Security Report Q2 2014
- Japan Defence & Security Report Q2 2014
- Israel Defence & Security Report Q2 2014
- United Kingdom Defence & Security Report Q2 2014
- Brazil Defence & Security Report Q2 2014
- Poland Defence & Security Report Q2 2014