PR Newswire: news distribution, targeting and monitoring
2014

Frost & Sullivan: Where Can a U.S. Defense Contractor Find Future Growth Opportunities in 2025?

Focus on modular, expeditionary forces will make equipment spend less platform-centric

Share with Twitter Share with LinkedIn

MOUNTAIN VIEW, Calif., April 3, 2013 /PRNewswire/ -- With the U.S. Government facing significant challenges to the overall budget, tough cuts can be expected to the defense budget – one of the largest areas of discretionary spending. Frost & Sullivan's latest research looks at the envisioned future defense capabilities and identifies various market opportunities that will appear if those capabilities are fully funded.

New analysis from Frost & Sullivan (www.defense.frost.com), US Future Defense Market Opportunities, finds that the market earned revenue of $687.00 billion in 2011 and estimates this to decline to $459.00 billion in 2025 if a full sequestration remains in place.

Click here to view the video on Frost & Sullivan's US Future Defense Market Opportunities and gain access to the online community- http://bit.ly/11i8xzi.

If you are interested in more information on this research, please send an email to Jeannette Garcia, Corporate Communications, at jeannette.garcia@frost.com, with your full name, company name, job title, telephone number, company email address, company website, city, state and country.

By the end of 2013, if large numbers of troops depart from Afghanistan as planned, a return to more traditional peacetime testing, validation, and supply-chain integrity will be more strictly enforced. The Department of Defense (DoD) budget emphasis will be to acquire large numbers of cost-efficient, general-purpose equipment. This general purpose equipment may use modular, swappable mission packages.

"Over the period between 2011 and 2025, many of the traditional procurement areas will remain viable but at a lower rate of acquisition," noted Frost & Sullivan Industry Manager Wayne Plucker. "Future weapons purchases will require that the weapons have reliable supply, training, maintenance, and repair systems."

As the U.S. military continues its transformation into a more modular expeditionary force, the majority of the opportunities for defense contractors will be around modifications of existing technologies in order to offer a revised capabilities set. Independent and integrated sensors, greener equipment, modular scalable platforms, non-line-of-sight weapons, data handling and analysis, and unmanned systems are growth areas. Companies that can militarize commercial technology too will benefit.

"The need to reduce defense spending and restructure military forces is expected to direct military procurement toward more solution-centric and fixed price contracts," added Plucker. "Multipurpose, mostly off the shelf (MOTS) equipment will be the standard."

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

  • The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
  • The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us:     Start the discussion

Join Us:           Join our community

Subscribe:       Newsletter on "the next big thing"

Register:         Gain access to visionary innovation

US Future Defense Market Opportunities
NBDD-16

Contact:
Jeannette Garcia
Corporate Communications – North America
P: 210.477.8427
E: jeannette.garcia@frost.com
Twitter: @Frost_Sullivan or @FrostADS
Facebook: FrostandSullivan

SOURCE Frost & Sullivan



RELATED LINKS
http://www.frost.com

Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn
 

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

 
 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

 
 

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.

 

Online Member Center

Not a Member?
Click Here to Join
Login
Search News Releases
Advanced Search
Search
  1. PR Newswire Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire
  5. Send a News Release