NORDEFCO Defense Posture, Forecast to 2021

NORDEFCO Defense Posture, Forecast to 2021

Since the taking of Crimea by the Russians in 2014, tensions have been rising in the Baltic Sea Region. During 2016, a Russian SU-27 fighter intercepted a US RC-135 flying within international airspace and a pair of Su-24 Russian jets flew what was described by US defense officials as mock strafing runs over a US Navy destroyer as it was conducting military exercises with Poland in the Baltic Sea. In response to this activity, the US announced a $3.4 billion increase to defense spending for Europe during 2017 in order to send additional brigades to the region. The Nordic Defense Cooperation, often referred to as NORDEFCO, comprises 5 Nordic countries within Europe (Denmark, Finland, Iceland, Norway, and Sweden) formed to collaborate on the development of their defense capabilities. The countries serve to protect Europe’s eastern flank, and as tensions continue to escalate in the Baltic region defense spending by these NORDEFCO partners has taken an entirely new meaning. The primary focus of this research is to shed light on some key defense spending dynamics by the organization’s country partners. Frost & Sullivan’s NORDEFCO Defense Posture contains a review of major programs and trends for each country in addition to key competitors having a significant influence on the individual NORDEFCO partner countries.

The study period is from 2016 to 2021, with 2016 as the base year.

Questions this research will answer include:
• Does the NORDEFCO defense market offer growth opportunity potential, and if so what will defense budgets look like for each of the country
participants over the next 5 years?
• Which defense competitors are actively dealing with NORDEFCO country partners?
• What are some of the key defense programs currently being funded by NORDEFCO participants?
• What are some market dynamics that serve as drivers and restraints to the NORDEFCO market?
• How are companies outside of the region able to participate within the NORDEFCO market space?
• How is the new US administration affecting NORDEFCO spending behavior?


  • Executive Summary
    • Key Findings
    • Market Engineering Measurements
    • CEO’s Perspective
  • Market Overview
    • Market Definitions
    • Key Questions this Study will Answer
    • Market Segmentation
  • Drivers and Restraints—Total NORDEFCO Market
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Forecasts and Trends—Total NORDEFCO Market
    • Market Engineering Measurements
      • Table Total NORDEFCO Market: Market Engineering Measurements, Europe, 2016
    • Forecast Assumptions
    • NORDEFCO—Spending Forecast
      • Table Total NORDEFCO Market: Spending Forecast, Europe, 2016–2021
    • Percent Spending Forecast by Country
      • Table Total NORDEFCO Market: Percent Spending Forecast by Country, Europe, 2016–2021
    • Spending Forecast by Country
      • Table Total NORDEFCO Market: Spending Forecast by Country, Europe, 2016–2021
    • Prominent Programs
  • Competitive Overview—Total NORDEFCO Market
    • Representative Competitors—The Landscape at a Glance
    • Competitive Environment
    • Top Competitors
    • Competitive Factors and Assessment
  • Growth Opportunities and Companies to Action
    • Growth Opportunity 1—Logistics
    • Growth Opportunity 2—Training
    • Strategic Imperatives for NORDEFCO Defense Providers
  • Denmark Defense Contracts Review Segment
    • Defense Contracts Key Findings
    • Contract Activity
  • Finland Defense Contracts Review Segment
    • Defense Contracts Key Findings
    • Contract Activity
  • Norway Defense Contracts Review Segment
    • Defense Contracts Key Findings
    • Contract Activity
  • Sweden Defense Contracts Review Segment
    • Defense Contracts Key Findings
    • Contract Activity
  • Denmark Analysis
    • Denmark Key Findings
    • Denmark—Spending Forecast
      • Table NORDEFCO Market: Spending Forecast, Denmark, 2016–2021
    • Spending Forecast Discussion
  • Finland Analysis
    • Finland Key Findings
    • Finland—Spending Forecast
      • Table NORDEFCO Market: Spending Forecast, Finland, 2016–2021
    • Spending Forecast Discussion
  • Norway Analysis
    • Norway Key Findings
    • Norway—Spending Forecast
      • Table NORDEFCO Market: Spending Forecast, Norway, 2016–2021
    • Spending Forecast Discussion
  • Sweden Analysis
    • Sweden Key Findings
    • Sweden—Spending Forecast
      • Table NORDEFCO Market: Spending Forecast, Sweden, 2016–2021
    • Spending Forecast Discussion
  • The Last Word
    • The Last Word—3 Big Predictions
  • Appendix
    • Market Engineering Methodology

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