Defence

By supporting our consultancy services with different consultancy fields such as management consultancy, strategic planning and financial management, the institutions we work with maintain deep-rooted principles and strategy. In this process, we are responsible for ensuring that they progress towards becoming a financially reliable, corporate brand.

IN ADDITION TO ALL THESE STAGES, THANKS TO OUR EXPORT CONSULTANCY DEPARTMENT, WE ARE TAKING ALL THE NECESSARY STEPS TO INCLUDE THE PRODUCTION OF OUR CUSTOMERS IN THE INTERNATIONAL MARKET OF THE SECTOR AND TO ENSURE THAT THE EMERGING TECHNOLOGY HAS A PLACE IN THE GLOBAL ECONOMY.

The defense industry is one of the elements that determine the economic and political power of the countries. In parallel with the technological developments in the world, there is a constant need for change, innovation and modernization. The defense industry is the sector that provides the production of tools and equipment required in the field of national defense. Axiomatically, every country that has determined its own borders is obliged to protect these borders in order to ensure its own continuity. The defense industry sector constitutes an important part of the economy in developed countries. Notwithstanding, in less developed countries, the defense industry is among the sectors where the resource is transferred and its development is attributed more priority. The defense industry is one of the most important factors to take into account and manage for countries to live in security and prosperity. Today, among the countries with the most developed defense industry, such as the United States and Israel, are both economically developed and strategically located due to their political position.

The sector is among the many industries that face challenges. Among the problems are the requirement to offer more value-based services to consumers who are demanding and manufacturing in accordance with governmental standards. Defense forces are under pressure to take action immediately to embrace emerging technology and establish flexible organizations in order to avoid planning for a type of conflict that is no longer possible. This is because the world is at a pivotal point in terms of economics, strategy, and technology. With similar issues, it becomes a greater difficulty to get a hold of the economic side of the industry and manage possible challenges. Through correct planning and right decision making, the industry is open to grow substantially, it does so.

The global defense market size was actuated as 452.69 billion USD in 2021. In 2022, it is forecasted that the market size will increase to 483.47 billion USD and the annual compound growth rate will increase to 6.8%. The growth in the market is due to companies reorganizing their operations and recovering from the impact of COVID-19, which previously led to restrictive containment measures that included social distancing, remote working and the closure of business activities, resulting in operational difficulties. The defense market is expected to reach 604.82 billion USD in 2026 at a CAGR of 5.8%.

THE GLOBAL DEFENSE MARKET SIZE WAS ACTUATED AS 452.69 BILLION USD IN 2021. IN 2022, IT IS FORECASTED THAT THE MARKET SIZE WILL INCREASE TO 483.47 BILLION USD AND THE ANNUAL COMPOUND GROWTH RATE WILL INCREASE TO 6.8%.