Industry Forecast Scenario

January 2010
Spain Defence & Security Report;Q1 2010, p64
Industry Profile
The article presents a forecast on the defence industry in Spain, from 2004 to 2014. It states that the economic crisis brought an increase in the number of military recruits in the country. An overview of the Spanish government's expenditure on the industry is offered. According to the report, recession in Spain will last until the second half of 2010 despite a decreasing pace of contraction in real gross domestic product (GDP).


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