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Product Synopsis
This report is the result of ICD Research / Strategic Defence Intelligence’s extensive market and
company research covering the Ukrainian defense industry. It provides detailed analysis of both
historic and forecast defense industry values including key growth stimulators, analysis of the
leading companies in the industry, and key news.
Introduction and Landscape
Why was the report written?
The Ukrainian Defense Industry Market Opportunities and Entry Strategies, Analyses and
Forecasts to 2017 offers the reader insights into the market opportunities and entry strategies
adopted by foreign original equipment manufacturers (OEMs) to gain market share in the
Ukrainian defense industry.
What is the current market landscape and what is changing?
Ukraine, Europe’s second-largest country, is anticipated to invest US$12.78 billion to strengthen

2. its armed forces during the forecast period. The country’s total defense expenditure, which
recorded a CAGR of 1.5% during the review period, is expected to record a CAGR of 6.4% over
the forecast period. However, as a percentage of GDP, Ukraine’s defense expenditure is expected
to decrease from 1.13% in 2012 to 1.06% by 2017, in accordance with the country’s aim to
reduce its overall budget deficit as a percentage of GDP. Nevertheless, the country’s homeland
security expenditure is projected to record a CAGR of 8.06% over the forecast period, a
consequence of an increase in organized crime and maritime security threats.
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