New Age Battlefield: Global Defence Budget vs Economic Slowdown

LONDON -

- Frost & Sullivan to Host Analyst Briefing on the Global Defence Budget on Tuesday, 11 August 2009 at 4:00pm BST

Frost & Sullivan will host a live briefing open to all on Tuesday, 11 August at 4:00pm BST to provide industry participants with an overview of current and anticipated trends in the global defence industry.

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The economic slowdown of 2008 ushered in a range of changes and challenges to the global defence industry and forced national policy makers and budget experts to creatively implement broad cost cutting measures without compromising national security.

Highlights of the briefing include analyses of: budget trends, SWOT Analysis for budgetary allocations, challenges to budget allocations, as well as the impact of the current economic slowdown on industry participants.

This briefing will benefit all defence industry products and services providers, component manufacturers, think tanks, policy makers as well as companies transitioning into the defence industry from other sectors, by discussing the trends, challenges and projections for the coming years.

“Currently, most of the top contributors represent the European region. However, in the medium term, developing regions like APAC and the Middle-East will likely increase their defence and security budgets despite the economic slowdown. Troop maintenance will continue to take up most of the budget, and less critical defence R&D or procurement programs will be the first to be shelved,” observes Research Analyst Harish Balasubramanian.

To participate, please e-mail Monika Kwiecinska at monika.kwiecinska@frost.com with the following information: your full name, company name, title, telephone number, e-mail address, city, state and country. Upon receipt of the above information, a registration link will be emailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company’s Growth Partnership Service provides the CEO and the CEO’s Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents. To join our Growth Partnership, please visit www.frost.com.

CONTACT: Monika Kwiecinska Corporate Communications P: +48-22-390-4127 E: monika.kwiecinska@frost.com www.frost.com

Source: Frost & Sullivan

Monika Kwiecinska, Corporate Communications of Frost & Sullivan, +48-22-390-4127, monika.kwiecinska at frost.com. Logo: https://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO