The Mexican Defense Industry - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017

 The Mexican Defense Industry - Market Opportunities and Entry Strategies, Analyses and Forecasts to 2017

London, 14th February, 2013 - Analyse leading companies, get up-to-date with key news and recognise unique opportunities with Strategic Defense Intelligence’s forecast reports.

The Mexican defense budget recorded a CAGR of 8.6% during the review period, as expenditure was driven by measures to control drug trafficking and organised crime through contributions to United Nations (UN) peacekeeping missions.

In response to the battle against drug gangs acquiring high end sophisticated weaponry, the Mexican MoD has employed city-wide surveillance and monitoring systems, UAVs, aerostats, medium-lift helicopters, maritime patrol aircraft, and aircraft with advanced electro-optical surveillance turrets.

• Mexican defense expenditure, valued at US$6.09 billion in 2012, registered a CAGR of 8.6% during the review period and is expected to grow at a CAGR of 9% during the forecast period, to reach an estimated US$9.55 billion in 2017. 

• Mexico’s cumulative defense expenditure over the forecast period is expected to be US$41.21 billion, of which, US$39.4 billion is expected to be revenue expenditure.

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