Design Article
Tell us What You Think
We want to know what you thought about this Design. Let us know by adding a comment.
G8 countries to cut defense spending, says report
9/26/2012 11:24 AM EDT
PARIS – Together the eight countries making up the G8 contributed $1,074.0 billion in 2011 to the global defense spending industry, with a compound annual growth rate (CAGR) of 5.5 percent between 2007 and 2011, according to market research firm Research and Markets.
The report, entitled "Defense Spending - Global Group of Eight (G8) Industry Guide", indicates that the G8 countries are predicted to reach a value of $967.9 billion in 2016, with a CAGR of -2.1 percent from 2011 to 2016.
The United States, with a share of 65.7 percent, held the major share of the defense spending industry in 2011. It is expected to lead the defense spending market industry in the G8 nations, with a value of $578.3 billion in 2016, Research and Markets said.
See related links:
Power supply protection for aviation and defense applications
Model-based design passes muster for defense system
Darpa sees 'upside' benefits in analog
------------------------
If you found this article to be of interest, visit SmartEnergy Designline where you will find the latest and greatest design, technology, product, and news articles with regard to all aspects of clean technologies. And, to register to our weekly newsletter, click here.
The report, entitled "Defense Spending - Global Group of Eight (G8) Industry Guide", indicates that the G8 countries are predicted to reach a value of $967.9 billion in 2016, with a CAGR of -2.1 percent from 2011 to 2016.
The United States, with a share of 65.7 percent, held the major share of the defense spending industry in 2011. It is expected to lead the defense spending market industry in the G8 nations, with a value of $578.3 billion in 2016, Research and Markets said.
See related links:
Power supply protection for aviation and defense applications
Model-based design passes muster for defense system
Darpa sees 'upside' benefits in analog
------------------------
If you found this article to be of interest, visit SmartEnergy Designline where you will find the latest and greatest design, technology, product, and news articles with regard to all aspects of clean technologies. And, to register to our weekly newsletter, click here.
|
|
|
|
|
Navigate to related information