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Aerospace and defense market

Europe

Defense spending in Europe experienced a moderate growth of 2,4%. The total allocated budget was $350,2bn in 2017, where 19,2% were spent on Air segment, and 15,3% on Navy. The performance of the market is forecast to reach the value of $401.1bn by the end of 2022. From the European NATO member states UK, Poland, Greece, and Estonia meet the 2% GDP spending on aerospace defence, while Russia has been modernizing its forces targeting a 70% modernization by 2020, therefor accounting for 23,8% of region’s value. Consequently, the Scandinavian and Baltic states are looking to increase defence expenditure, and create a competing balance within the continent.

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Aerospace and Defense Market

Europe

Defense spending in Europe experienced a moderate growth of 2,4%. The total allocated budget was $350,2bn in 2017, where 19,2% were spent on Air segment, and 15,3% on Navy. The performance of the market is forecast to reach the value of $401.1bn by the end of 2022. From the European NATO member states UK, Poland, Greece, and Estonia meet the 2% GDP spending on aerospace defence, while Russia has been modernizing its forces targeting a 70% modernization by 2020, therefor accounting for 23,8% of region’s value. Consequently, the Scandinavian and Baltic states are looking to increase defence expenditure, and create a competing balance within the continent.

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Our HR outsourcing approach

Through integrated HR solutions, EuroDev HR supports companies establish and expand operations in the European aerospace industry. Our extensive network developed over the last 20+ years, enables us to recruit talented professionals and deliver tailored HR services.

By partnering with us, you receive the support of a small team created specifically for your company. Having your own HR and Payroll team, eliminates unnecessary contact with third parties. This approach improves efficiency and centralization of your European HR activities.

Our expertise provides customized solutions in Europe for:

     √  Recruitment Services
     √  Professional Employer Organization Services (PEO)
     √  Administration Service Organization (ASO)
     √  Payroll
     √  HR Consultancy

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Paulien Olde Bijvank
VP HR Outsourcing

+31 546 66 00 00

Paulien Olde Bijvank
VP HR Outsourcing

+31 546 66 00 00
p.oldebijvank@eurodev.com
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