"Italy Defence & Security Report Q4 2014" now available at Fast Market Research

Italy is currently in the process of performing a wide-ranging review of its defence requirements. This review is being conducted as a result of the current government's desire to reduce Italian public spending and because of changing Italian strategic priorities. Much speculation is focusing on whether Rome will reduce its order for Lockheed Martin F-35 Lighting-II multi-role combat aircraft. The country had originally been earmarked to receive 90 of the jets, but this order may now be reduced as part and parcel of a cost-cutting measure.

Italy may benefit from receiving additional important work vis-a-vis the Lockheed Martin F-35 Lightning-II multi-role combat aircraft. The aircraft's manufacturer is looking at Italy as a possible location for a site where the maintenance, repair and overhaul of F-35s flown by European air forces and navies can be performed. The favourite site to this end is Cameri Air Base in northern Italy.

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As of August 2014, Italy was reportedly evaluating the Piaggio Aero PIHH Hammerhead Unmanned Aerial Vehicle as a potential replacement for the Italian Air Force's fleet of MQ-9 Predator Unmanned Combat Aerial Vehicles. Currently, the Italian Air Force is also contemplating an upgrade for the MQ-9 fleet which could include the addition of a maritime surveillance radar and new optronics.

The Italian armed forces are currently in the process of reducing their numerical strength by over 20 percent. Admiral Luigi Binelli Mantelli, chief of the Italian Defence General Staff, said he is confident that this can be achieved by 2022. This should see the loss of around 50,000 personnel and is being performed to assist reductions in public spending in Italy.

In July 2014, the Israeli Air Force took delivery of the first of two M-346 Lead-In Jet Trainer aircraft which it ordered from Italian firm Alenia Aermacchi in 2012. It is expected that Alenia Aermacchi will deliver a further six aircraft be the end of the year, with the full complement of 30...

The Italy 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 Italy Defence & Security Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the Italian defence and security industry.

Key Benefits

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

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