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United Kingdom Defence and Security Report Q2 2009
Market |
Defence |
Report Type |
Market Research |
Country |
United Kingdom |
Published |
13 May 2009 |
Number of Pages |
72 |
Download |
|
Immediate |
|
Publisher |
Business Monitor International |
The UK’s defence spending reached GBP33.5bn in 2008, representing an increase of 6% on 2007 figures.
Total defence spending, meanwhile, reached 2.4% of GDP in 2008. Over the 2009-2013 forecast period, the government is planning to maintain defence spending, as reported by the Ministry of Defence, and the report estimates that total expenditure will reach GBP38.38bn by 2013. The extra resources allotted to defence have allowed the purchase of two new aircraft carrier, the Queen Elizabeth and the Prince of Wales, which are the largest vessels ever used by the Royal Navy. Meanwhile, the MoD is looking to make savings of GBP2.7bn per year, which it will re-invest in Defence. According to a report from House of Commons in 2008, British Military operations in Iraq and Afghanistan and the Balkans have cost a total of GBP9.8bn. The report warns that with British troops now set to leave Iraq, and public spending being pressured by economic decline, the government may now begin cutting defence expenditure.
Meanwhile, defence firms in the UK will be boosted by news that the US is planning to sink more money into the F-35 Joint Strike Fighter. Under the provisional US defence budget plan for 2010, US$11.2bn will be put aside for procurement for the jet, compared to a figure of US$6.8bn in 2009. BAE Systems is responsible for around 20% of the F-35. Meanwhile, UK firm Cobham, which designs the electronics to enable the jets to communicate with each other, should also benefit.
Regarding the security situation, the threat of terrorism in Northern Ireland has reared its head again. In early 2009 the Real IRA conducted an attack on a British army base in County Antrim. Two soldiers were shot dead, making them the first British servicemen to be killed in Northern Island since 1997. Two pizza delivery men were also injured in the attack. The leaders of Northern Irish Republican party Sinn Fein denounced the attack, while a wave of public condemnation suggests that a return to widespread violence is unlikely. However, according to police figures, paramilitary style attacks by dissident Irish republican groups are rising. In 2008/09 there were 20 recorded incidences of punishment shootings, compared to 7 in 2007/2008. However, the long-term trend is positive. In 2001-2002, there were 190 punishment shootings in Northern Island.
Meanwhile, In April 2009, 12 people were arrested in the UK, in connection with an anti-terror operation in the North-West of the country. Of the 12, 11 are reported to be Pakistani nationals. The arrests came after a serious breach of security by a senior police officer. Anti-terrorism chief Bob Quick was photographed by the press on his way to a meeting with clearly visible ‘top-secret’ documents. The arrests of the suspects were brought forward as a result of the unintentional disclosure. Bob Quick has resigned from his position as a result of the incident. Prime Minister Gordon Brown has called for Pakistan to do more to stamp out the threat of terrorism. It was thought that the plotters were planning atrocities at major shopping centres such as the Arndale and Trafford centres in Manchester.
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