Avascent 050 Analysis of Global Defense Spending - Presented at Wharton Aerospace & Defense Conference

1. March 16, 2012
The 2012 Wharton Aerospace Conference
International Business Development Panel
Prepared for

2. Global Defense Market:
Total versus New Opportunity Spending in Top Defense Markets
Middle East and North Africa Europe
$70 $70
$60 $60
$50
Uncaptured
$50
Opportunity Space
$40 $40
$ Billions
$ Billions
Uncaptured
$30 $30
Opportunity Space
$20 $20
$10 $10
$0 $0
2009 2010 2011 2012 2013 2014 2015 2016 2009 2010 2011 2012 2013 2014 2015 2016
Asia and Pacific (not including China) Americas (not including United States)
$70 $70
$60 $60
Uncaptured
$50 Opportunity Space $50
$40 $40 Uncaptured
$ Billions
$ Billions Opportunity Space
$30 $30
$20 $20
$10 $10
$0 $0
2009 2010 2011 2012 2013 2014 2015 2016 2009 2010 2011 2012 2013 2014 2015 2016
Source: Avascent 050 Global Defense Investment Database PRIVATE & CONFIDENTIAL | AVASCENT | 2

3. Countries Covered in Prior Slide
Middle East and North Africa Europe
Finland
Algeria France
Egypt Germany
Iraq Greece
Israel Italy
Jordan Netherlands
Morocco Norway
Qatar Poland
Saudi Arabia Spain
United Arab Emirates Sweden
Turkey
United Kingdom
Asia and Pacific Americas (not including United States)
Australia Brazil
India Canada
Japan Chile
Malaysia Colombia
Pakistan Mexico
South Korea
Singapore
Taiwan
PRIVATE & CONFIDENTIAL | AVASCENT | 3