France Defence & Security Report Q4 2014 - New Market Study Published

BMI expects French defence expenditure to reach USD49.9bn in 2014. On average, we expect France to spend USD50.6bn on defence annually over the next three years. We foresee defence spending declining to USD49.5bn in 2015, and then to USD49.3bn the following year. Nevertheless, the defence budget could increase once again to USD50.9bn in 2017, ending the decade at USD52.6bn.

In mid-June 2014, French defence ministry Yves La Drian spoke of his confidence that French defence exports would increase in value during 2014. Several factors are driving France's defence exports, not least of which continues to be the large market for defence modernisation in the Middle East. Beyond the Middle East, French military suppliers are seeing a heightened demand for their products in Asia and Latin America.

Full Report Details at
- http://www.fastmr.com/prod/872594_france_defence_security_report_q4_2014.aspx?afid=301

We have given France a security risk rating of 87 for Q414. On average, the country scores a security risk rating of 85 for the period January 2007 until Q414. We believe that the country has a very low risk of becoming involved in a major interstate conflict. Nevertheless, we do believe that France faces a slightly higher risk of experiencing a major terrorist attack, although we judge its susceptibility to criminal activity to be comparatively lower.

French defence minister Yves La Drian announced in mid-June 2014 that France would begin to train a cadre of cyber security experts to help protect the country's critical computer infrastructure. Moreover, France announced in July 2014 that it would perform a reorganisation of its military presence in sub-Saharan Africa. The reorganisation, being performed under the auspices of Operation Barkhane will see the continuing stationing of 3,000 French troops already deployed to West Africa following the conclusion of its Operation Serval campaign in Mali in mid-July 2014.

Calls for France to cancel the supply of three Mistral class amphibious support ships to Russia grew louder following the shoot-down over eastern Ukraine of Malaysian...

The France Defence & Security Report features Business Monitor International (BMI)'s independent forecasts for national and international security, the defence industry, military expenditure, employment in arms production, and arms imports and exports, as well as examining industry trends and prospects, national and multinational arms producers and the regulatory environment.

BMI's France Defence & Security Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the French defence and security industry.

Key Benefits

* Benchmark BMI's independent defence and security industry forecasts on France to test other views - a key input for successful budgetary and strategic business planning in the French defence and security market.

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.

You may also be interested in these related reports:

- Saudi Arabia Defence & Security Report Q4 2014
- Croatia Defence & Security Report Q4 2014
- Germany Defence & Security Report Q4 2014
- Israel Defence & Security Report Q4 2014
- Iraq Defence & Security Report Q4 2014