Now Available: Pakistan Defence & Security Report 2015
New Defense market report from Business Monitor International: "Pakistan Defence & Security Report 2015"
[USPRwire, Tue May 26 2015] We expect an escalation in domestic security threats though 2015 in response to the NATO withdrawal from Afghanistan, the ongoing military offensive in the Federally Administered Tribal Area (FATA), and rising tensions with Indian forces along the Jammu Kashmir border. The Pakistan Government has increased military spending, and is investing in indigenous defence companies. They in turn are looking to increase capacity through international partnership, creating opportunities for foreign players.
The security situation in Pakistan has steadily deteriorated through 2014. Last year witnessed regular terrorist attacks against military and civilian assets, including Karachi International Airport. This illustrates that domestic and international terror cells are well resourced and well trained, making them a credible threat to domestic and international organisations. Moreover, the NATO withdrawal from Afghanistan will offer more freedom for militants to operate across the porous border region with Afghanistan, where the Pakistan defence forces have launched a military offensive against the Taliban.
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We also observe increased scope for interstate conflict with neighbouring India though 2014. Small arms fire and mortar exchanges occurred along the Jammu Kashmir border with increasing frequency, raising bilateral tensions to their highest point in a decade. Given its commitment in the west of the country, Pakistan will be unwilling to militarily engage India on a higher level. Over the last decade, the Indian army has grown in size and sophistication, and is now more powerful than the Pakistan armed forces, which are reliant on weapons of mass destruction as their ultimate deterrent.
In light of the increased scope for terrorism, interstate conflict, and criminality, the government of Pakistan is raising military expenditure. National defence spending grew by 11% in 2014, and remains a public expenditure priority, commanding 18% of the budget. Defence...
The Pakistan 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's Pakistan Defence & Security Report provides professionals, consultancies, government departments, regulatory bodies and researchers with independent forecasts and regional competitive intelligence on the Pakistani defence and security industry.
* Benchmark BMI's independent defence and security industry forecasts on Pakistan to test other views - a key input for successful budgetary and strategic business planning in the Pakistani defence and security market.
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