2013-03-01 16:48:35 - Recently published research from Business Monitor International, "Romania Defence & Security Report Q2 2013", is now available at Fast Market Research

Executive Summary

BMI's Romania Defence and Security Report report examines the transition of Romania's defence posture as a former Warsaw Pact nation into an active participant in NATO. However, as the report will conclude, although Romania has aspirations to become a full and active NATO partner, the modernisation of the country's armed forces will be largely guided by the available funding that Bucharest has to invest in its armed forces.

Romania is continuing its process of defence modernisation despite the financial challenges that the country is currently facing, as a result of the overall economic slump from the eurozone area. To this end, Romania is mid-way through its defence modernisation roadmap, which it expects to complete circa 2015, although economic challenges could

cause this date to be pushed back.


Full Report Details at
- www.fastmr.com/prod/541270_romania_defence_security_report_q2_20 ..


In order to complete the modernisation, a number of key procurement initiatives are planned, not least of which is the acquisition of new multirole combat aircraft to replace the ageing MiG-21A/B/C jets currently operated by the air force. A similarly important acquisition will be the purchase of new surface-to-air missiles (SAMs) to replace several antiquated Cold War-era systems, which remain in service with the army and air force. Although the new SAM systems have yet to be procured, the air defence of Romania has experienced some recent improvements with the activation of an Air Sovereignty Operations Centre (ASOC) to help defend the country's airspace by integrating imagery delivered from military air surveillance and civil air traffic control radar systems. As regards other equipment, Romania will, in the future, need to launch the procurement of communications and battle management systems to equip its army-level brigade and above; although it has already made some important advances in terms of the revitalisation of its command and control capabilities via the implementation of the RIFS system.

As far as the Romanian defence industry is concerned, a number of companies producing materiel continue to be involved in several domestic and international procurement initiatives. For example, Romanian companies will assist the development of a mobile ground control station for a forthcoming procurement of unmanned aerial vehicles (UAVs) by NATO. Moreover, Romanian companies have been involved in the upgrade of military equipment for international customers, such as the Royal Air Force.

For the short term, Romania is likely to continue on its path of modernisation, finances permitting, as it strives to become a full and active participant in NATO. Overseas deployments will continue although Romania, like several other NATO members stationed there, will begin to reduce its presence in Afghanistan from around 2014/2015. However, the financial constraints which Romania is experiencing mean that the country is performing its defence modernisation at a comparatively slow pace.

Since the Q1 2013 Romania Defence and Security report, BMI has made no major adjustments to its analysis and forecasts due to the lack of any major defence procurements or defence reorganisations in the country during this timeframe.

Report Table of Contents:

BMI Industry View
SWOT
- Romania Defence & Security SWOT
- Romania Security SWOT
- Political
- Economic
- Business Environment
Industry Forecast
- Defence Trade
- Defence Expenditure
- Table: Romania's Defence Expenditure, 2010-2017
- Table: Romania's Defence Expenditure Scenario - Changing % Of GDP (US$mn)
- Armed Forces
- Table: Romania's Armed Forces ('000 personnel, unless otherwise stated), 2004-2008
- Table: Romania's Manpower Available For Military Services, 2010-2017 (aged 16-49, unless otherwise stated)
Macroeconomic Forecasts
- Macroeconomic Analysis
- Macro Strategy
- Expenditure Breakdown
- Table: Romania - Balance Of Payments (euro)
Industry Risk Reward Ratings
- Security Risk Analysis
- Table: Europe Security Risk Ratings
- Table: Europe State Terrorism Vulnerability To Terrorism Index
Market Overview
- Romania Market Overview
- Arms Trade Overview
- Armed Forces and Government Spending
Industry Trends and Developments
- Industry Trends And Developments
- Political Outlook
- Table: Romania - Political Overview System Of Government
- Security Overview
- Internal Security
- Table: Table: Regional Insurgent Groups
- External Security
Company Profile
- Aerostar
- EADS/Eurocopter Romania
- IAR SA Brasov
- MFA Mizil
- Romaero
Regional Overview
- Europe Security Overview
Global Industry Overview
- Global Political Outlook
- Eurozone
- Iran War Risks Rising In 2013
- Syrian Conflict To Continue, Post-Assad
- Caucasus At Risk Of Armenia-Azerbaijan War
- Korean Peninsula Facing Mixed Outlook
- Asia's Maritime Island Disputes
- Table: Election Timetable, 2013
Methodology
- How We Generate Our Industry Forecasts
- Defence Industry
- Sources

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