03 Sep MSPO Preview: Central and Eastern Europe Defence Spending Trends
AVASCENT WHITE PAPER
By Dr. Dominik Kimla
MSPO 2018: Spotlight on one of the fastest growing defence markets in the world
Ahead of the 26th Annual MSPO taking place in Kielce this week, Dominik Kimla analyses Central and Eastern Europe as one of the fastest growing defence markets in the world presenting sizable market opportunities for Western defence suppliers. Driven by the implementation of technical modernisation programmes, the biggest cumulative defence spending will be generated by Poland, Romania and the Czech Republic with $73.31 billion $28.59 billion and $19.16 billion respectively. However, challenges remain in the region and to be successful on the market, defence suppliers must be prepared to swiftly react to CEE’s constantly changing dynamics and proactively engage and integrate the local industrial base into their supply chains.
ABOUT THE AUTHOR
Dr. Dominik Kimla is a Warsaw-based consulting associate at Avascent, supporting the firm’s operations in Poland and broader Europe. He specialises in Central and Eastern European defence markets, military offsets, and customer and competitor analyses. For more information, contact: firstname.lastname@example.org.
Avascent is the leading independent strategy and management consulting firm for government-driven markets, with more than 30 years’ experience supporting corporate leaders, investors and government stakeholders in the aerospace, defence, security, and public services markets. Our growing presence in London, Paris, Warsaw, Ottawa, Tokyo, and Washington DC, combined with our worldwide network of partners, reflects our clients’ distinct needs. We operate in highly integrated teams within and across borders, united by a shared set of values and commitment to serving our clients.