Wednesday 26 October 2011 | Vol.03 - No.43



Special Focus: Regional Spending
Defence Spending in Gulf States; Oil Revenues and Defence Modernisation
According to industry estimations, Gulf States is expecting to continue embarking on a defence spending spree that could exceed $100 billion US dollars by 2020. Almost all Gulf States (Bahrain, Iran, Iraq, Kuwait, Oman, Qatar, Saudi Arabia and the UAE) devote a larger share of their gross domestic product (GDP) to military spending than the global average. Saudi Arabia and the UAE are the biggest spenders in the area, yet this is expected to be challenged by Iraq in the near future. The impending exodus of U.S. forces from the country will necessitate the investment of a vast amount of funds from Baghdad that will be entailed with the task of solidifying the country’s borders and providing security.
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Defence Spending in Europe, The Impact of Economic Crisis
European States play an important role in the international market of defense equipment. According to Stockholm International Peace Research Institution (SIPRI), for the period 2006-2010 their share of international transfers of major conventional weapons was 21%, whereas European Union’s member-states had 17% of global arms imports. Surprisingly, Greece a rather small and poor country was the largest importer of major conventional weapons in Europe. Greece is followed by UK and Poland both of which are among the 20 largest importer of the world for the period 2006-2010. Several other European countries, such as Germany, France, UK and Italy are among the one with the biggest military expenditure, however, these countries are significant arm manufacturers and they import relatively small volumes of weapons.
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Epicos "Industrial Cooperation and Offset Projects"
Epicos "Industrial Cooperation and Offset Projects" provides a unique set of online tools enabling the structure, identification and implementation of comprehensive Offsets programs, through a searchable database. By introducing different offset projects and ideas proposed by local A&D industry it ensures the optimum cost for Prime Contractors and reassures that the priorities of local industry are fully met...
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Development of an effective Text Mining and Trends Prediction software application
A company providing solutions for corporate and/or governmental organizations critical information systems is proposing the development of a robust Text Mining and Trends Prediction software application. This application will identify trends by analyzing data which is held in unstructured formats such as documents. It will find possible applications in several research, academic, governmental or corporate organizations where fast and accurate exploitation of data hidden within large document volumes is required.

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Development of structural composite parts using over braiding technology for vehicle ballistic protection
A company, which is a dedicated manufacturer of braided and woven fibres for composite reinforcement and advanced composites applications, is interested in developing structural composite parts for vehicle ballistic protection. The company is an expert in the overbraiding manufacturing process which is particularly well suited for circumferential products like tubes or beams and offers a number of advantages in comparison with filament winding such as better crash properties and the possibility to produce more complex shapes. Furthermore, the company is well experienced in the use of Aramid fibres, which increases the energy absorption capacity as well as the damage tolerance of the components. Combining this knowledge and experience, the company is looking for a partner to develop structural composite parts for vehicle protection purposes using its overbraiding production technology.


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Epicos- Amazon

The Economics of Defence Spending: An International Survey, by Keith Hartley, Todd Sandler

First published in 1990, this is an authoritative account of defence spending and policy in both developing and developed countries. The book provides case-studies and comparitive materiel for policy-makers, civil servants, and military staffs throughout hte world. It will also be of great use to students of economics, politics, international relations, and policy studies.


The European Defence Market, by Johannes Kuschel

The ever-increasing number of international missions and the diverse tasks European Forces carry out does not match the decrease in defence budgets in most European countries. Since both, however, are unlikely to change, the transformation will have to come from new ways that armament are procured in the European Union. Therefore, in the European defence sector must change. This book examines the strategic options that they will have. It explores the players in the market, assesses their market position in their respective national industry and forecasts their potential position in a common European defence market. It explores duplication and absence of armaments and technological skills as well as the reasons for them. The paper suggests strategies to overcome the aforementioned market distortions and provides options for companies to deal with the situation favourably.





Contact the Editor:

Vasileios Kyriazis
e-mail: v-kyriazis@epicos.com

Contact Epicos sales Department:

Michael Karakatsanis
e-mail: m-kay@epicos.com



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EPICOS NEWSROOM


 
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  US House targets EU airlines emissions rule  
  US lawmakers voted overwhelmingly Monday to strike a blow at a controversial European Union plan to require non-EU airlines to buy carbon permits to fly to and out of the 27-nation bloc. ++ more