"Germany Defence & Security Report Q3 2010" now available at Fast Market Research

July 5, 2010 - PRLog -- The German economy contracted by 5% in 2009 and its overall budget deficit will substantially increase, to 5.5% of GDP, for 2010. The recession has been compounded by the Greek crisis and growing massive deficits in the eurozone, with Germany to contribute EUR22.4bn (US$29.6bn) over the next three years towards the Greek rescue package. Defence spending for 2010 is therefore expected to be reduced by 1.5%, amounting to EUR450mn less for big defence projects - such as the EADS A400M and EADS/Finmeccanica NH90 helicopter.

Nevertheless, in March 2010 NATO Secretary General Anders Fogh Rasmussen at a security conference in Brussels called for Germany and Spain, which still spend less than the NATO military spending target, to increase their investment in defence - including pledged contributions towards missile defence. But cutting back on defence is policy which is growing in popularity considering the German public's opposition to the country's involvement in the Afghanistan war, and especially since the deaths of six German soldiers in two separate insurgent attacks at Easter and the accidental killing of five Afghan soldiers by German troops in a friendly-fire incident in April.

Despite that opposition, and with defence spending set to decline even further, the country is still committed to the Afghanistan campaign. In February, the country sent a further 850 troops to join the ISAF, raising the total number to 5,350. Of the extra soldiers, 350 comprise a flexible reserve for special missions. The German coalition government also plans to reinforce troops involved in training Afghan security personnel from 280 to 1,400 and has earmarked EUR50mn for an international reintegration fund, to run until 2015. Drawdown of German troops is planned to begin in mid-2011.

By March 2010, the Airbus A400M had exceeded its budget by at least EUR7bn, and on the 7th of that month a long-awaited agreement was reached in Germany between the customer nations to break the deadlock in the vastly overspent project. According to the agreement, pan-European defence company EADS will see the price of the contract increased by EUR2bn, while all damages payments related to current delays will be waived. In addition, pre-delivery payment dates will be accelerated in the 2010- 2014 period. As of early April, some 184 A400Ms had been ordered by eight countries, with Chile a possible further customer. But BMI warns that Germany - along with the other high-spending European countries, the UK and France - are currently not in a good position to bear the main burden for pan-European defence projects.

On the security front, in May, one of Germany's most wanted Islamic terrorist suspects, German-born Muslim convert, Eric Breininger was reported as having been killed in a battle with Pakistani soldiers near the Afghan border. He had been associated with the Sauerland Group, members of which were convicted of trying to blow up US facilities in Germany.

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Partial Table of Contents:

Executive Summary
SWOT Analysis
- Germany Security SWOT
- Germany Defence SWOT
- Germany Political SWOT
- Germany Economic SWOT
- Germany Business Environment SWOT
Global Political Outlook
- United States: Major Tests For Obama In 2010
- Table: Election Timetable, 2010
- Western Europe: Fiscal Austerity Will Be Unpopular
- Central And Eastern Europe: New Governments, Old Problems
- Middle East: Ongoing Challenges
- Africa: The Election Conundrum
- Asia: Broadly Stable, But 'Rogues' Need Vigilance
- Latin America: Political Risks Contained, But Watch Cartels
- Wild Cards To Watch
European Regional Security Overview
Political Overview
- Domestic Politics
Security Risk Analysis
- BMI's Security Ratings
- Table: Europe Security Risk Ratings
- Table: Europe State Terrorism Vulnerability To Terrorism Index
- Germany's Security Risk Ratings
- City Terrorism Rating
- Table: BMI's Western Europe City Terrorism Index
Germany Security Overview
- Domestic Terrorism
- Latest Developments
- Timeline: Internal Threats
- International Terrorism
- Latest Developments
- Timeline: External Threats
Armed Forces And Government Spending
- Armed Forces
- Table: Western European Armed Forces, 2010
- Defence Posture
- Defence Reform
- Conscription
- International Deployments
- Table: Germany International Deployments
- Coordination And Joint Operations
- Weapons Of Mass Destruction
Market Overview
- Arms Trade Overview
Industry Trends And Developments
- Procurement Background
- Table: Key Players In Germany's Defence Industry
- Latest Developments
- Timeline: Defence And Procurement
Industry Forecast Scenario
- Armed Forces
- Table: Germany's Armed Forces, 2007-2014 ('000 personnel)
- Expenditure
- Table: Germany's Government Expenditure, 2007-2014
- Macroeconomic Outlook
- Table: Germany - Economic Activity, 2007-2014
Company Profiles
- EADS
- Krauss-Maffei Wegmann
- Rheinmetall Group
Country Snapshot: Germany Demographic Data
- Section 1: Population
- Table: Demographic Indicators, 2005-2030
- Table: Rural/Urban Breakdown, 2005-2030
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Full Table of Contents is available at:
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