MarketAark -MarketAark - announces report of "The Greek Defense Industry: Market Opportunities

Aug. 8, 2012 - PRLog -- The Greek Defense Industry: Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017

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Product Synopsis
This report is the result of ICD Research / Strategic Defence Intelligence’s extensive market and company research covering the Greek defense industry. It 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 Greek defense Industry Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017 offers the reader an insight into the market opportunities and entry strategies adopted by foreign original equipment manufacturers (OEMs) to gain market share in the Greek defense industry.

What is the current market landscape and what is changing?
Greece is the largest importer of arms in Europe and, of all the EU nations, allocates the highest percentage of its GDP for defense purposes, making it one of the most sought after markets for foreign OEMs. The country primarily imports arms from EU nations and the US, and is assisting in the development of the domestic industry by sub-contracting deals achieved through defense offset obligations. In 2012, the country invested US$3.24 billion on homeland security, as part of its alignment with the international guidelines regarding the introduction of the biometric identification of citizens and travelers. Consequently, Greece is expected to make significant acquisitions in order to implement biometric profiling.