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 Australia to deliver modern, affordable C-130J training solutions to RAAF

The Royal Australian Air Force has awarded Lockheed Martin Australia a contract to supply a modern C-130J-30 Virtual Maintenance Trainer and a Multi-Function Training Aid to support maintenance and aircrew training at RAAF Base Richmond. Through this major upgrade, the RAAF will have a standardized curriculum tailored for its operations and based on decades of...
 
 

Raytheon awarded U.S. Air Force aircraft integration, life cycle technical support contract

Raytheon has been awarded a $35 million sole-source contract by the U.S. Air Force to provide aircraft integration and life-cycle technical support on an advanced bomb carriage and release system for aircraft. The advanced system will allow both the Air Force and U.S. Navy to perform more missions utilizing less aircraft. “JMM BRU end users...
 
 

General Dynamics UK completes review for SCOUT reconnaissance variant

OAKDALE, South Wales – General Dynamics UK has successfully completed the Critical Design Review for the SCOUT Reconnaissance variant, as part of the SCOUT Specialist Vehicle program. The completion of the SCOUT Reconnaissance variant CDR is a significant marker in the SCOUT SV program, with the first SCOUT Reconnaissance pre-production prototype to be completed later...
 

 

Boeing, Royal Australian Air Force test extended range weapon

The Boeing Joint Direct Attack Munition Extended Range demonstrated significant range increase while maintaining its expected accuracy during flight testing conducted by Boeing and the Royal Australian Air Force. The testing centered on a new wing kit that, when used in conjunction with the weaponís guidance kit, increases the bomb’s range from approximately 15 miles...
 
 

DRS Technologies to provide comm systems for Royal New Zealand Navy frigates

DRS Technologies Inc., a Finmeccanica Company, announced Feb. 25 that its Canadian subsidiary will be providing tactical integrated communications systems to the New Zealand Ministry of Defense for the Royal New Zealand Navy’s ANZAC-class frigates. This subcontract was awarded to DRS Technologies Canada Ltd. in support of a communications modernization contract from Lockheed Martin Canada...
 
 

Northrop Grumman LITENING achieves two million operating hour milestone

In the life cycle of every military system, some milestones stand out as signature achievements. One million operating hours is one of them – and Northrop Grumman’s fielded AN/AAQ-28(V) LITENING pods have hit that number for the second time. “This is a significant milestone for the LITENING program and our team is proud to be...
 




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>