Business

April 7, 2014

Forecast International says world volatility could ignite stagnant C4ISR market

Who, what, when, where, why, and how – answering these questions remains the essence of C4ISR.  Delivering relevant information for operational use will continue to be a high priority.

In the coming decade, C4ISR activity will in particular focus on “networking the force,” with an emphasis on information technology systems.

Forecast International’s “The Market for C4I” examines 250 leading C4I programs worldwide and reviews 24 companies involved in the production of C4I systems.  It projects that these programs will have a combined market value of at least $59.005 billion over the next 10 years.

The market starts on an upswing, coming in at $8.084 billion in 2014, then increasing to a forecast period peak of $8.226 billion in 2015.  From this peak, the market begins a slow natural decrease in value from $6.861 billion in 2016 to $4.257 billion in 2023.  This 47.33 percent ($3.827 billion) drop in projected sales over the decade indicates that less than half of the programs explored will be completed by the end of the 10-year forecast period of 2014-2023.

“Don’t expect any eye-popping technological breakthroughs over the next few years,” said Richard Sterk, a Senior Analyst at Forecast International. He added, “With every penny in national budgets having to be justified 10 times over to ensure the investment will produce results, no one is going to pump millions upon millions of dollars into flushing out a concept that might not pay out.” But that could change.

“However, given that the world is as volatile as the stock market,” said Sterk, “any change in the geopolitical climate, such as in Russia or North Korea, could throw all current strategies out the window.”

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 Lockheed Martin, Israel Aerospace Industries, Northrop Grumman, Harris Corporation and General Dynamics.

 




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


 
 

 
NG-people2

Northrop Grumman names VP, mission assurance for Electronic Systems sector

Northrop Grumman has appointed Sonal B. Deshpande vice president of mission assurance for the company’s Linthicum-based Electronic Systems sector. In this position, Deshpande is responsible for mission assurance across th...
 
 
sikorsky-raider

Sikorsky S-97 Raider helicopter achieves successful first flight

Sikorsky Aircraft Corp., a United Technologies Corp. subsidiary, announced May 22 the successful first flight of the S-97 Raider™ helicopter, a rigid coaxial rotor prototype designed to demonstrate a game-changing combination...
 
 
NG-people

Northrop Grumman appoints VP, program manager ISR division

Northrop Grumman announced it has appointed Steve Lunny, vice president and program manager for the intelligence, surveillance and reconnaissance division within the company’s Information Systems sector. Lunny will report...
 

 

HELLADS laser completes development

General Atomics Aeronautical Systems, Inc. announced May 21 that the High-Energy Liquid Laser completed the U.S. government acceptance test procedure and is now being shipped to the White Sands Missile Range, N.M. At WSMR, the laser will undergo an extensive series of live fire tests against a number of military targets.  GAASI is a leading...
 
 
boeing-transaero

Boeing delivers Transaero’s first Next-Generation 737-800

Boeing May 22 delivered Transaero’s first Next-Generation 737-800. The airplane, sporting a new livery, arrived at Moscow’s Domodedovo Airport. Boeing May 22 delivered Transaero’s first Next-Generation 737-800. The airpla...
 
 
Boeing photograph

Boeing-upgraded French AWACS take flight

Boeing photograph A French AWACS aircraft patrols the skies as part of a routine mission. The French AWACS fleet is in the midst of the Mid-Life Upgrade that modernizes the capabilities on board. Initial operating capability of...
 




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>