Portuguese Defense Industry is Expected to Increase Marginally to Value US$2.19 Billion by 2021: Radiant Insights, Inc Summary The Future of the Portuguese Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2020, published by Strategic Defence Intelligence, provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news. Key Findings - Over the historic period, Portugal's defense expenditure registered growth of -4.79%,decreasing from US$2.64billion in 2012 to US$2.17 billion in 2016 - Portugal's military expenditure, valued at US$2.17billion in 2016, is expected to increase marginally to value US$2.19 billion by 2021, registering a CAGR of 0.20% over the forecast period - Portuguese military expenditure will be driven by the modernization of defense systems, and active participation in joint operations with the European Union (EU), and the peacekeeping operations of NATO and the United Nations (UN) - The Defense Ministry is expected to procuremulti-mission helicopter MRO, frigates MRO, and transport aircraft View Full Report with TOC @ http://www.radiantinsights.com/research/future-of-the-portuguesedefense-industry-market-attractiveness-competitive-landscape-and-forecasts-to-2021 Synopsis This report offers detailed analysis of the Portuguese defense industry with market size forecasts covering the next five years. This report will also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants. In particular, it provides an in-depth analysis of the following: - Portuguese defense industry market size and drivers: detailed analysis of the Portuguese defense industry during 2017-2021, including highlights of the demand drivers and growth stimulators for the industry. It also provides a snapshot of the country's expenditure and modernization patterns - Budget allocation and key challenges: insights into procurement schedules formulated within the country and a breakdown of the defense budget with respect to the army, navy, and air force. It also details the key challenges faced by defense market participants within the country