Business

May 10, 2013

Forecast International expects C4I market will face budget limitations in tight economy

Information: Who has it, who needs it, and how to distribute it remain the core of C4ISR.

Forecast International’s “The Market for C4I” examines 222 leading C4I programs worldwide and reviews 22 companies involved in the production of C4I systems.

It projects that the combined market value of these programs will be $50.756 billion over the next 10 years. Broken down, the value of the programs covered by the study will continually decline over the decade from $6.988 billion in 2013 to $3.711 billion in 2022. This 46.88 percent drop ($3.277 billion) in projected annual sales indicates that less than half of the programs explored will be completed by the end of the 10-year forecast period of 2013-2022.

“Upcoming defense budgets will be tight – very tight – as the world economy continues to struggle in the aftermath of the global recession,” said Richard Sterk, Senior Electronics Analyst at Forecast International, adding that “much government money has been diverted to other areas in order to keep a country’s economy solvent.”

“Spending on defense may seem like the last thing a country would do to stimulate its economy, but in reality, it is one of the first targets for spending,” said Sterk. “A nation’s defense is as much a ‘public works’ as a new road. Money pumped into defense stimulates an economy by providing jobs to local populations (most work stays in-country due to security concerns) and gives the military the tools it needs.”

Based on the market as reviewed in this analysis, the top five C4I defense companies over the next 10 years in terms of sales volume and percent market share will be Raytheon, General Dynamics, Harris, Northrop Grumman and Lockheed Martin.

 




All of this week's top headlines to your email every Friday.


 
 

 
Air Force photograph by Rick Goodfriend

B61 undergoes testing in AEDC wind tunnel

Air Force photograph by Rick Goodfriend Arnold Engineering Development Complex engineers recently joined researchers with Sandia National Laboratories to perform a wind tunnel test on a full-scale mock-up B61. Pictured with the...
 
 

Ingalls Shipbuilding awarded $23.5 million LHA 8 affordability contract

Huntington Ingalls Industries’ Ingalls Shipbuilding division has been awarded an affordability design contract for $23.5 million for early industry involvement to reduce the construction and life-cycle cost for the amphibious assault ship LHA 8. “Ingalls Shipbuilding has been constructing large-deck amphibious ships for nearly 50 years, and this contract will build on our company...
 
 

Lockheed Martin on team to provide ISS mission planning support

As part of an SGT, Inc.-led team, Lockheed Martin will provide mission and flight crew operations support to NASA for the International Space Station and future human space exploration. These support services within the Integrated Mission Operations Contract II are critical to the safe operation of all NASA human spaceflight missions. Under IMOC II, Lockheed...
 

 
boeing-israel

Boeing, Jordache’s MG Aviation finalize order for two 787-9 Dreamliners

Boeing and MG Aviation Limited July 16 finalized an order for two additional 787-9 Dreamliners, valued at $499 million at current list prices. The order will support the leasing company’s growing fleet of modern airplanes...
 
 

ASL Aviation Group to procure LM-100J freighters

ASL Aviation Group signed a Letter of Intent with Lockheed Martin to order up to 10 LM-100J commercial freighters during a ceremony in Farnborough, England, July 16. The LM-100J is the civil-certified version of Lockheed Martin’s proven C-130J Super Hercules and is an updated version of the L-100 (or L-382) cargo aircraft. Safair — an...
 
 

ATK, Alenia Aermacchi complete testing on Italian Air Force C-27J

ATK has announced that the ATK and Finmeccanica-Alenia Aermacchi have successfully completed the first phase of ground and flight testing of the fully configured multi-mission MC-27J tactical transport aircraft with the support of the Italian Air Force. The series of tests exceeded all test objectives and demonstrated the accuracy of ATK’s side-mounted GAU-23 30mm cannon....
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>