Swiss Military Spending Focuses on Upgrading of Armament and Aircraft Systems.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c45672) has announced the addition of Swiss Aerospace & Defence Industry: An Analysis to their offering. This report provides an insight into the Swiss aerospace and defence industry. It studies the growth and development of the Swiss aerospace and defence industry, including the civil aerospace sector. It also deals with the key challenges confronting the industry. A summary of main drivers and major players, including RUAG, Pilatus, Oerlikon Contraves Oerlikon is a Swiss anti-aircraft artillery manufacturer made famous by its Oerlikon 20 mm autocannon design of 1914, used in the First and Second World Wars, and still in use today. AG, and Swiss International Airlines, has also been included. The defence establishment in Switzerland has realigned itself to strengthen the internal security structure, though externally, it continues to follow a foreign policy based A decision made by any software application that is based on the policy (rules and regulations) of the organization. See policy and COPS. on political neutrality towards major military powers. Due to the reduced military spending in Switzerland, the armament expenditure has seen a 50% cutback cut·back n. 1. A decrease; a curtailment: "The political effects of food cutbacks could be devastating" New York Times. 2. compared to the expenditure in the 1990s. The focus of defence expenditure has shifted to investing in the up-gradation of armament and aircraft systems. The civil aerospace sector has recovered from the traumatic performance in the aftermath of 9/11 tragedy. With increasing demand for air travel as well as a higher frequency of travel, the sector is looking up again. 1. Introduction 1.1 Industry Definition The aerospace and defence industry comprises establishments primarily engaged in the production and manufacture of aircraft, aircraft engines & related parts, aircraft maintenance, repairs & overhaul, aeronautical aer·o·nau·tic also aer·o·nau·ti·cal adj. Of or relating to aeronautics. aer  o·nau & nautical nau·ti·cal adj. Of, relating to, or characteristic of ships, shipping, sailors, or navigation on a body of water. [From Latin nauticus, from Greek nautikos, from systems, guided missiles guided missile, self-propelled, unmanned space or air vehicle carrying an explosive warhead. Its path can be adjusted during flight, either by automatic self-contained controls or remote human control. , space vehicles & parts, tanks & tank equipments, detection & navigation equipments and ammunitions. 1.2 Industry Segments Civil Aerospace Defence Aerospace 2. Market Dynamics 2.1 Market Overview The Swiss aerospace and defence industry is involved in the development, production and assembly of structural components, systems integration and services for aircraft, helicopter, and systems that stem from defence and civilian aeronautics aeronautics: see aerodynamics; airplane; aviation. and space technology. 2.2 Factors Driving Growth Rising Air Traffic Better service drive frequencies Reform in defence sector 2.3 Issues and Implications RUAG Holding Pilatus Flugzeugwerke AG Oerlikon-Contraves AG Swiss International Air Lines Swiss International Air Lines (short: Swiss) is the principal airline of Switzerland operating scheduled services in Europe and to North America, South America, Africa and Asia. Its main hub is Zurich Kloten Airport (ZRH). Limited For more information visit http://www.researchandmarkets.com/reports/c45672 |
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