in Defence

Defence expenditure a top priority for Poland

Posted 22 November 2011 · Add Comment

The Prime Minister of Poland, Donald Tusk, in his expose delivered last Friday (18 November), confirmed that defence expenditures are among the Polish Government's top priorities for the next four years.

Dominik Kimla, an Industry Analyst for Aerospace, Defence & Security group at Frost & Sullivan, commented that in contrast with most of the EU member states, where spending on military is declining as a result of the financial crisis, defence expenditure in Poland will increase from $8.84bn in 2012 to $10.55bn in 2015.

During the same period spending on defence investment (equipment procurement and R&D), which accounts for about 25% of total defence expenditure, is also expected to grow from $2.21bn in 2012 to $2.64bn in 2015. Throughout the next four years a few significant defence tenders will be finalised, the biggest among them are; training and simulation systems, (including Integrated System for Pilot Training), utility helicopter, air and missile defence, unmanned aerial vehicles (UAVs) and command and control systems.

As a result of relatively high level of defence expenditure (1.95% of the previous year’s GDP), Poland will maintain its position as the regional leader in terms of defence spending and also joins the club of emerging economies alongside Brazil, India and Russia.

* required field

Post a comment

Other Stories
Advertisement
Latest News

Warren East to succeed John Rishton as Chief Executive of Rolls-Royce

Rolls-Royce announced today that John Rishton has decided to retire as Chief Executive on 2 July 2015 and that he will be succeeded by Warren East, whose appointment follows an extensive international search.

BAE Systems partners with Terma on helmet audio advances

Terma is to integrate its Active Noise Reduction (ANR) and 3D-Audio technologies with BAE Systems' pilot helmets.

Boeing acquires 2d3 Sensing

Boeing has acquired 2d3 Sensing, an OMG plc subsidiary specialising in motion imagery processing of critical intelligence, surveillance and reconnaissance data generated from aerial platforms.

NATS highlights population impact on air travel

Air traffic management specialists NATS, have released a video which looks at how the challenge in demand for airspace from regional population increases is being addressed for the future of air travel.

Rolls-Royce Trent 1000 Engines selected by Air China

Air China has selected Rolls-Royce Trent 1000 engines to power 15 new Boeing 787-9 Dreamliner aircraft, together with long-term TotalCare support.

Rolls-Royce to create Composite Technology Hub in Bristol

Rolls-Royce announced today that Bristol will be the location for a centre of advanced fan system composite technology development, creating a hub of composite knowledge in the UK and securing 120 jobs in the city by the end of 2019.

Nasmyth Group
See us at
Aviation Africa 2015DSEI 2015 button Mar-Sep15