India: Economy Slows but Defense Sales Retain Potential
Reflecting the structural weakness of the Indian economy, the country’s currency (Indian rupee) has fallen 20 percent since the beginning of the year. Consequently, the initial $37.7 billion defense budget … Continue reading
Industry: The Consistent Strength of the Defense Market Continues to Provide Opportunities
The basic assumption behind multinationals corporations (MNCs) is that a weakness in one geographic region – setting aside the vicissitudes of market sectors – can be compensated by a corresponding … Continue reading
India: FY 2013-14 Budget Intended to Help Congress Party Win Upcoming General Election
India is a democracy and the country’s fiscal year (FY) 2013-14 budget reflects this political philosophy as it’s designed to ensure the ruling Congress Party remains in power for the … Continue reading
Middle East: United Arab Emirates Procurement of Unmanned Aerial Vehicles Signals More Opportunities for US Firms
Every defense contractor worth their salt knows that if they want to hit their sales targets, they should immediately move to the Arabian Gulf. With their enormous resources and real … Continue reading
United States: Sequestration’s Impact Limited, Unfair and Ineffective
Over the past few weeks, elected representatives and US federal agencies have been very vocal about how the US economy and security will be damaged by the congressionally mandated budget … Continue reading
Saudi Arabia: High Oil Prices Keeps Easy Money Flowing but Economic Absorption Questionable
Saudi Arabia’s official 2013 budget rose by 19 percent as Riyadh continues to disburse large amounts of funds to restrain unemployment and placate a restive populace. Over 20 percent of … Continue reading
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