RnRMR: Norwegian Defense Market Analysis and 2019 Forecasts

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Future of the Norwegian Defense Industry Market
Attractiveness, Competitive Landscape and
Forecasts to 2019byStrategic Defense
Intelligence

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  ctor/defense .

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Future of the Norwegian Defense Industry Market
Attractiveness, Competitive Landscape and
Forecasts to 2019

• The collection of Defense market research
  reports has a new addition of Future of the
  Norwegian Defense Industry Market
  Attractiveness, Competitive Landscape and
  Forecasts to 2019 on RnRMarketResearch.com.
• Synopsis
• This report is the result of SDIs extensive
  market and company research covering the
  Norwegian defense industry, and provides detailed
  analysis of both historic and forecast defense
  industry values including key growth stimulators,
  analysis of the leading companies in the
  industry, and key news.
• Introduction and Landscape
• Why was the report written?
• The Future of the Norwegian Defense Industry
  Market Attractiveness, Competitive Landscape, and
  Forecasts to 2019offers the reader an insight
  into the market opportunities and entry
  strategies adopted by foreign original equipment
  manufacturers (OEMs) to gain market share in the
  Norwegian defense industry.
• Complete report is available_at_ http//www.rnrmarket
  research.com/future-of-the-norwegian-defense-indus
  try-market-attractiveness-competitive-landscape-an
  d-forecasts-to-2019-market-report.html .

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Future of the Norwegian Defense Industry Market
Attractiveness, Competitive Landscape and
Forecasts to 2019

• What is the current market landscape and what is
  changing?
• Norways total defense expenditure stands at US7
  billion in 2014 and is expected to grow at a CAGR
  of 5.50 over the forecast period, to reach
  US9.1 billion in 2019 this increase in defense
  expenditure can be attributed to the
  modernization and training programs that are
  expected to be executed during the forecast
  period. Norwegian defense expenditure is further
  driven by participation in peacekeeping
  initiatives, the procurement of military aircraft
  such as the F-35 fighter aircraft, the Norwegian
  All Weather Search and Rescue Helicopter
  (NAWSARH) program, Advanced Medium Range
  Air-to-Air Missiles (AMRAAM), upgrade and support
  for C-130J aircraft the soldier modernization
  program, cyber security and the procurement of
  advanced technology equipment. The countrys
  defense budget stands at 1.33 of GDP in 2014 and
  is expected to increase marginally to 1.42 of
  GDP by 2019. During 2010-2014, the average
  capital expenditure allocation stood at 31.6 of
  the total defense budget, and this is expected to
  grow at the same average during the forecast
  period.
• Inquire For Discount on this report _at_
  http//www.rnrmarketresearch.com/contacts/discount
  ?rname156471 .

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Future of the Norwegian Defense Industry Market
Attractiveness, Competitive Landscape and
Forecasts to 2019

• What are the key drivers behind recent market
  changes?
• Modernization of the armed forces and
  international peacekeeping operations
• What makes this report unique and essential to
  read?
• The Future of the Norwegian Defense Industry
  Market Attractiveness, Competitive Landscape, and
  Forecasts to 2019 provides detailed analysis of
  the current industry size and growth expectations
  from 2015 to 2019, including highlights of key
  growth stimulators. It also benchmarks the
  industry against key global markets and provides
  a detailed understanding of emerging
  opportunities in specific areas.
• Complete report is available_at_ http//www.rnrmarket
  research.com/future-of-the-norwegian-defense-indus
  try-market-attractiveness-competitive-landscape-an
  d-forecasts-to-2019-market-report.html .

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Future of the Norwegian Defense Industry Market
Attractiveness, Competitive Landscape and
Forecasts to 2019

• Key Features and Benefits
• The report provides detailed analysis of the
  current industry size and growth expectations
  from 2015 to 2019, including highlights of key
  growth stimulators, and also benchmarks the
  industry against key global markets and provides
  a detailed understanding of emerging
  opportunities in specific areas.
• The report includes trend analysis of imports and
  exports, together with their implications and
  impact on the Norwegian defense industry.
• The report covers five forces analysis to
  identify various power centers in the industry
  and how these are expected to develop in the
  future.
• The report allows readers to identify possible
  ways to enter the market, together with detailed
  descriptions of how existing companies have
  entered the market, including key contracts,
  alliances, and strategic initiatives.
• The report helps the reader to understand the
  competitive landscape of the defense industry in
  Norway. It provides an overview of key defense
  companies, both domestic and foreign, together
  with insights such as key alliances, strategic
  initiatives, and a brief financial analysis.
• Inquire For Discount on this report _at_
  http//www.rnrmarketresearch.com/contacts/discount
  ?rname156471 .

6
Future of the Norwegian Defense Industry Market
Attractiveness, Competitive Landscape and
Forecasts to 2019

• Key Market Issues
• The Norwegian defense industry favors
  Scandinavian and European countries for defense
  trade, as it is a member of the European Defense
  Agency, which limits the scope for foreign
  companies to enter the Norwegian defense
  industry. Furthermore, the country follows a
  strict offset policy, according to which, offsets
  are mandatory for all transactions exceeding
  NOK50 million, and investors are required to
  reinvest 100 of the value of the contract into
  the Norwegian economy. Moreover, if the investor
  is unable to meet the offset obligation, a
  penalty is issued of a minimum of 10 of the
  outstanding amount. Finally, the relatively high
  cost of labor in the country may be an additional
  deterrent for potential investors.
• Complete report is available_at_ http//www.rnrmarket
  research.com/future-of-the-norwegian-defense-indus
  try-market-attractiveness-competitive-landscape-an
  d-forecasts-to-2019-market-report.html .

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Future of the Norwegian Defense Industry Market
Attractiveness, Competitive Landscape and
Forecasts to 2019

• The Norwegian Government has adopted a new set of
  rules for defense exports after the Iraq war
  massacre in 2012 these rules further tighten the
  export policy of Norway, affecting the countrys
  budget deficit, and forbid Norwegian exports to
  nations engaged in warfare. In addition, new laws
  also ban export to countries that are not part of
  the NATO agreement. The following factors are
  listed in new laws adopted by the Norwegian
  defense industry, which determine where weapons
  can be exported
• Attitudes to international human rights
  instruments, and respect for humanitarian law
  respect for civil and political rights
• Reports by competent organizations of serious
  violations of human rights, including the use of
  torture or other inhuman and degrading treatment
  or punishment in the receiving state, or the
  arbitrary deprivation of liberty
• The risk that the exported items could be used
  for the violation of basic human rights, e.g.,
  using military equipment to crack down on
  peaceful demonstrations.
• Inquire For Discount on this report _at_
  http//www.rnrmarketresearch.com/contacts/discount
  ?rname156471 .

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Future of the Norwegian Defense Industry Market
Attractiveness, Competitive Landscape and
Forecasts to 2019

• Key Highlights
• The Norwegian MoD is in the process of
  modernizing its armed forces with advanced
  equipment in 2010, the country passed a long
  term defense plan, which was again revised in
  2012. It outlined modernization plans, including
  the procurement of 48 F-35 fighter jets,
  additional funding for the home guard, advanced
  training for the armed forces and home guard, and
  a special allocation for cyber security.
  Furthermore, in early 2013 the Norwegian Defence
  Logistics Organization (NDLO) has contracted with
  Iveco Defense Vehicles for a tranche of 60 light
  armored vehicles and this procurement is expected
  to increase the total fleet to 170 units. In
  2012, the country finalized on modernizing its
  land forces and proposed to spend US750 million
  to upgrade and manufacture 146 CV90 armored
  combat vehicles which will significantly enhance
  armys operational capabilities. The program is
  expected to complete in 2017 after adding 41 new
  CV90 armored fighting vehicles (AFVs) and
  upgrading 103 current CV90s. The prime
  contractors include BAE Systems manufacturing new
  vehicles and Kongsberg Defence and Aerospace, who
  will supply the integrated data and information
  system, installation of weapon systems, sensors,
  communication and security systems.
• Complete report is available_at_ http//www.rnrmarket
  research.com/future-of-the-norwegian-defense-indus
  try-market-attractiveness-competitive-landscape-an
  d-forecasts-to-2019-market-report.html .

9
Future of the Norwegian Defense Industry Market
Attractiveness, Competitive Landscape and
Forecasts to 2019

• The Norwegian government is increasing its
  efforts to strengthen its position on cyber
  security and has drafted a new National Cyber
  Defense Strategy (NCDS) in this regard. The
  initiative will be run under the Ministry of
  Defenses (MoDs) jurisdiction with an objective
  to create a common situational understanding of
  the cyber threat, secure information and
  communication systems, fortify the ability to
  detect, investigate and combat incidents. The
  Norwegian Armed Forces have established the
  Norwegian Cyber Defence in September 2012 with
  1500 force employee and the unit will be
  responsible for counter-cyber warfare in Norway.
  Furthermore, cyber security is one of the main
  priorities in the 2014 defence budget and the
  National Security Authority has been sanctioned
  an additional contribution of 20.2 million NOK in
  preserving national cyber security.
• Inquire For Discount on this report _at_
  http//www.rnrmarketresearch.com/contacts/discount
  ?rname156471 .