Croatia Defence & Security Report 2016 - New Market Report

Croatia's continued downsizing of its already small armed forces, the lack of an immediate threat to its security environment and a still- weak - albeit improving - economic outlook , will limit the country's defence expenditure going forward. As such, the domestic sector - which only has strong capabilities in land armament s and personnel equipment segments - will have to continue look ing to foreign markets for opportunities. The limited procurement that the defence ministry is likely to undertake will primarily be met by foreign suppliers with more technologically advanced capabilities. That said, we note that owing to budget limitations, many of these purchases will remain with second-hand or overstock purchases. A return to economic growth does brighten the outlook for defence spending somewhat. In 2016, the decade- long decline in defence spending will be halted. W e expect Croatia's defence expenditure to come in at HRK4.42bn (USD608mn) in 2016.

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In the Ministry of Defence (MoD)'s 2015-2024 Long Term Development Plan, it states that Croatian defence expenditure will be maintained at 2014 levels of 1.3% of GDP for at least the next three years.

In the same document, the MoD outlines plans to continue streamlining of its armed forces, reducing personnel numbers to 15,000 by the end of 2017.

The Croatian armed forces' Patria armoured personnel carriers (APCs) are undergoing upgrade and maintenance. The units will enter services by end-2016, equipped with modern anti-armour systems, remote weapon stations of 30mm calibre and communication systems.

The defence ministry confirmed in November 2015, that the country's army and air force will soon be donated 16 used OH-58D Kiowa helicopters by the US. The aircraft come from the US' surplus inventory.

The Croatian air force's main goal over the long term will lie with finding a permanent replacement for the outdated fleet of MiG-21 Fishbed aircraft, which have recently undergone modernisation by Ukraine's Konotop Aircraft Repair Plant (AVIAKON). The fleet is expected to remain in service until 2024 with funding for replacements to begin in 2019. Current contenders for the procurement include Sweden's Saab JAS 39 Gripen C/D and Lockheed Martin F-16 Fighting Falcons.

The Croatia Defence & Security Report features BMI Research'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'sCroatia Defence & Security Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the Croatian defence and security industry.

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