Defense Industry Business Confidence Report - H1 2017
Defense Industry Business Confidence Report - H1 2017
“ The Defense Industry Business Confidence ” examines executives ’ opinion about the business environment during H1 2017 . It also highlights existing economic conditions , supplier price variations , sales performance , industry and company growth outlook , spending patterns , and key priorities . Additionally , the report provides information categorized by region .
The existing economic environment is stable for the defense industry , and customer confidence levels will remain positive during H1 2017 . Survey results reveal that executives who operate in North America and Asia-Pacific project a more favorable opinion about economic prospects in the region for H1 2017 . Increase in consumer spending , expected change in regulatory reforms due to political stability , targeted economic stimulus projects , and post-election tax reforms are expected to drive the growth of the defense industry in the US . The defense industry is expected to record higher expenditure towards new product development , and research and analysis in H1 2017 . Moreover , executives who operate in North America highlighted a focus on improving operational efficiency over the next six months .
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