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.


 
 

 
Lockheed Martin photograph

Lockheed Martin successfully tests design changes for Orion spacecraft’s fairing separation system

Lockheed Martin photograph A protective panel for Orion’s service module is jettisoned during testing at Lockheed Martin’s Sunnyvale, California facility. This test series evaluated design changes to the spacecraft’s fair...
 
 

Australian company to provide parts for initial production of Triton UAS

Northrop Grumman has awarded the first Australian supplier contract for the U.S. Navy’s MQ-4C Triton unmanned aircraft system initial production lot to Ferra Engineering. Brisbane-based Ferra Engineering will manufacture mechanical sub-assemblies for the first four Triton air vehicles including structural components. “At Northrop Grumman it’s very important to not only develop...
 
 

Insitu awarded LRIP Lot IV RQ-21A Blackjack Systems contract

Under the terms of its latest contract, Insitu will build six RQ-21A Blackjack systems for the U.S. Navy and Marine Corps. The $78-million Small Tactical Unmanned Aircraft Systems Lot IV Low Rate Initial Production contract is the latest event in the program’s progression toward the Initial Operational Test and Evaluation phase.   “This award will...
 

 
LM-C5

Lockheed Martin delivers 29th C-5M Super Galaxy

The 29th Lockheed Martin C-5M Super Galaxy takes off on its delivery flight.  Lockheed Martin delivered the 29th C-5M Super Galaxy to the U. S. Air Force July 28. A Defense Contract Management Agency (DCMA) aircrew ferried the...
 
 

Northrop Grumman successfully delivers deformable mirror for world’s largest solar telescope

The world’s largest ground-based solar telescope is one step closer to operation with the acceptance of the deformable mirror engineered by AOA Xinetics, a Northrop Grumman company. The Daniel K. Inouye Solar Telescope, currently under construction on Haleakala on the island of Maui, Hawaii, will offer unprecedented high-resolution images of the sun using the latest...
 
 

Raytheon appoints president, Integrated Defense Systems

Raytheon Chairman and CEO Thomas A. Kennedy announced July 30 the appointment of Wesley D. Kremer as President, Integrated Defense Systems, effective immediately. Kremer, 50, previously served as vice president of the Air and Missile Defense Systems product line of Raytheon Missile Systems. He succeeds Daniel J. Crowley, who informed the company of his intention...
 




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=""> <s> <strike> <strong>