Future of the Qatari Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2020

Date: 2015-08

“• Over the historic period, Qatari defense expenditure registered a CAGR of 16.67%, increasing from US$2.1 billion in 2011 to US$3.8 billion in 2015

• Qatar’s military expenditure, valued at US$4.4 billion in 2016, is expected to increase to US$7.0 billion by 2020, registering a CAGR of 12.16% over the forecast period

• Qatar’s military expenditure will be driven by the arms race in the middle east, strong cash reserves, military modernization initiatives, procurement of better defense systems and perceived threat from Iran

• The Defense Ministry is expected to procure Missile defense systems, land based C4ISR, fighters and multi-role aircraft, multi mission helicopters and attack helicopters.”

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