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As the war in Ukraine continues in the third semester, the world economy is also going through turbulent times, with soaring energy prices and high inflation. Governments are faced with the challenge of diverting funds to social support measures, with defence budgets being under pressure at a moment that simply replenishing ammunition stocks is already a big obstacle to overcome in a short period of time.
Topics: Recruiting shortages - Ukraine crisis - Cyberattacks - Production capacities - Energy supply - Defence budgets
During the second semester of the year, we have witnessed the unfolding of the war in Ukraine and the efforts of global supply chains to get back on their feet after the COVID-19 pandemic. However, the path to normality is hindered by the war and the disruptions in the supply chains it brought, as well as high inflation rates all around the world. The latter is cutting and will continue to threaten the economic development that we have been witnessing in the post-pandemic period. The war in Ukraine is accelerating the changes to the balance of power around the world that we will continue to witness in the coming months.
Topics: Supply chain obstacles - Main battle tanks & armoured vehicles - EU and the Ukrainian war
The first quarter of 2022 was marked by several events that have their impact on the market. The moment that most countries were gradually coming out of the COVID-19 restrictions and were trying to tackle the risks of increased inflation and soaring energy prices, the Russian invasion of Ukraine put further strain on the economic recovery. It also put pressure in the European region which now must quickly adapt by reducing its heavy dependency on Russian energy resources, while implementing the ambitious decarbonization plans and increasing its indigenous military capabilities.
Topics: Net-Zero emissions - Sustainable commercial aircraft - Buy American Act - Role of France in Defense
Market Forecast initiated a series of polls with the aim of capturing the market sentiment of the businesses in the Aerospace, Defense and Security sector. They will provide an insight to the business-people’s appraisal of the market dynamics and trends. It is also an opportunity to share those views with our customers and provide further value through MF’s product.
Topics: Impact of COVID-19 - Productivity - New wave of COVID-19 - Robotics, automation and AI