Defense Expenditure Top Priority For Poland

Frost & Sullivan24.11.2011 Europe
Defense Expenditure Top Priority For Poland

Defense Expenditure Top Priority For Poland

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In his expose delivered this past Friday, the Prime Minister of Poland, Donald Tusk, confirmed that defense expenditures are among top priorities for the Polish government for the next 4 years.

In contrast to most European Union (EU) member states where spending on military is declining as a result of the financial crisis, the defense expenditure in Poland will grow from $US 8.84 billion in 2012 to $US10.55 billion in 2015.

During the same period, spending on defense investment (equipment procurement and R&D), which accounts for about 25% of total defense expenditure, is also expected to grow from $US 2.21 billion in 2012 to $US 2.64 billion in 2015.

Throughout the next 4 years a few significant defense tenders will be finalized, the biggest among them are: Training and simulation systems, (including Integrated System for Pilot Training), utility helicopter, air and missile defense, unmanned aerial vehicles (UAVs) and command and control systems.

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

 

Source: Frost & Sullivan

 
 



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