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FULL SPEED AHEAD FOR ANTI-SHIP MISSILE MARKET
Sep 13, 2017
AIRCRAFT CARRIERS MARK GROWTH OF REGIONAL NAVIES
Sep 12, 2017
TWO SHIP COLLISIONS RAISE QUESTIONS
Aug 24, 2017
RISING TENSIONS IN THE KOREAN PENINSULA HIGHLIGHT THAAD MISSILE'S KEY ROLE
Aug 10, 2017
FORECAST INTERNATIONAL LAUNCHES IMPROVED U.S. DEFENSE BUDGET DATABASE
Aug 08, 2017
FORECAST INTERNATIONAL: BOEING ON A ROLL; BOTH CIVIL AND MILITARY MARKETS REMAIN STRONG
Aug 01, 2017
DEFENSE FIRMS SEE STRONG GROWTH POTENTIAL AS UPSWING BEGINS
Jul 18, 2017
COMMERCIAL COMSAT MAKERS CASHING IN ON HOT MARKET
Jul 12, 2017
FORECAST INTERNATIONAL: 15-YEAR WORLD AVIATION TURBOSHAFT MARKET WORTH $34 BILLION
Jun 20, 2017
FORECAST INTERNATIONAL PREDICTS $4.15 TRILLION LARGE JETLINER MARKET OVER 15 YEARS
Jun 19, 2017
FOLLOWING U.S. ATTACK ON SYRIAN AIR BASE, FI OFFERING DETAILED TOMAHAWK CRUISE MISSILE REPORT
Apr 07, 2017
POLITICS TO AFFECT SHAPE OF U.S. DEFENSE ELECTRONICS MARKET
Mar 28, 2017
FORECAST INTERNATIONAL: HIGHER DEFENSE BUDGETS LIKELY TO GIVE MEDIUM/HEAVY MILITARY ROTORCRAFT MARKET A LIFT
Mar 07, 2017
FORECAST INTERNATIONAL ISSUES 'LAUNCH VEHICLES: YEAR IN REVIEW 2016.' STAGE SET FOR RENEWED ACTIVITY IN 2017
Jan 30, 2017
FPSO CONSTRUCTION POWERING MECHANICAL DRIVE MARKET
Dec 13, 2016
ROLLS-ROYCE RULES THE NAVAL GAS TURBINE MARKET
Dec 12, 2016
FORECAST INTERNATIONAL RELEASES VERSION 3.1 OF ITS PLATINUM FORECAST SYSTEM
Dec 07, 2016
BUSINESS JET MARKET TO RESUME POSITIVE GROWTH TREND
Oct 31, 2016
SHORT-TERM GROWTH PROJECTED FOR LIGHT MILITARY ROTORCRAFT MARKET AIRBUS HELICOPTERS TO LEAD MARKET
Oct 13, 2016
FORECAST INTERNATIONAL PREDICTS A WORLD MARKET FOR 5,480 INDUSTRIAL POWER GENERATING GAS TURBINE ENGINES WORTH $105 BILLION OVER THE NEXT 10 YEARS
Oct 05, 2016
REGIONAL AIRCRAFT MARKET STABILIZING; LONG-TERM GROWTH PROJECTED
Sep 23, 2016

Press Release

Contact: Richard Sterk, Sr. Aerospace and Defense Analyst
Phone: (203) 426-0800
Fax: (203) 426-4262
Website: www.forecastinternational.com
E-mail: richard.sterk@forecast1.com
Forecast International, Inc.
22 Commerce Rd. Newtown, CT 06470 USA

FOR IMMEDIATE RELEASE

U.S. Defense Electronics – Signs of Growth as Budgets Remain Tight

NEWTOWN, Conn. [March 21, 2016] Forecast International’s “The Market for U.S. Defense Electronics” forecasts that the 500+ leading programs reviewed in the study will be worth at least $134.729 billion from 2016-2025. While overall U.S. defense spending may be down, the U.S. defense electronics market is showing signs of strength and growth, with only a 24.02 percent ($3.615 billion) drop in projected market value (based on the study's sampling) over the forecast period, from a start of $14.764 billion in 2016 to a low of $11.216 billion in 2025. This means less than a quarter (24.02 percent) of the programs sampled will be ending over the course of the forecast period, while nearly three-quarters (75.98 percent) will still be active.

This drop is an indicator of two developments: first, the economic free fall is truly over (the 10 year drop was forecast to be 24.69 percent for 2015-2024; 27.31 percent for 2014-2023; 39.73 percent for 2013-2022; 50.23 percent for 2012-2021; and 56.77 percent for 2011-2020); and second, defense issues themselves, rather than economic conditions, are now the reason for steadily decreasing defense budgets.

"Defense electronics spending continues to emphasize the development of new technologies, but tight budgets are still restricting R&D," said the editor of the report, Richard Sterk, Senior Analyst at Forecast International. "Militaries are having a difficult enough time getting funding for required items, much less for "pipedream" acquisitions based on advanced concept development – no one is willing to risk the limited money available to flesh out a new and unproven idea."

The top five defense electronics companies in the U.S. market continue to draw from the upper tier of corporate America. Based on the results of this sampling, the top five are, in order: Northrop Grumman, Lockheed Martin, Raytheon, General Dynamics, and BAE Systems.

Programs forecast to shine during the next 10 years include the APG-81 AESA radar for F-35 aircraft, which is forecast to be worth more than $6 billion alone over the next 10 years; the ICNIA (Integrated Communications, Navigation, Identification Avionics) system that will integrate aircraft avionics for the F-22 and the F-35 Joint Strike Fighter; the APG-68 pulse-Doppler fire control radar for the F-16; the AAQ-33 Sniper Advanced Targeting Pod; the ALQ-210 situational awareness and threat warning system; the VUIT-2 video system; the SPY-6 Air and Missile Defense Radar (AMDR) to be installed aboard aircraft carriers and destroyers; the AQS-20 minehunting sonar and AQS-22 ALFS (Airborne Low Frequency Sonar) naval systems; the Navy Multi-band Terminal C4I system; the Bowman radio; and the Warfighter Information Network-Tactical (WIN T).


About Forecast International

Forecast International, Inc. is a leading provider of Market Intelligence and Analysis in the areas of aerospace, defense, power systems and military electronics. Based in Newtown, Conn., USA, Forecast International specializes in long-range industry forecasts and market assessments used by strategic planners, marketing professionals, military organizations, and governments worldwide. Forecast International's resources and extensive base of experience can be readily adapted and efficiently focused to fulfill a broad spectrum of civil and military consulting and special research requirements.


Contact Information
Ray Peterson
Vice President, Research & Editorial Services
Forecast International
22 Commerce Rd. Newtown, CT 06470 USA
(203) 426-0800
ray.peterson@forecast1.com.



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