MOUNTAIN VIEW, California. Analysts at Frost & Sullivan say that a reduction new U.S. military helicopter procurement programs the need for logistical support, upgrades, and the remanufacture of current platforms and subsystems will sustain market growth. They say they expect military helicopter funding to decrease from about $9.99 billion in 2015 to $6.89 billion in 2020, at a negative compound annual growth rate (CAGR) of five percent.
LONDON. Defense spending by Angola, Azerbaijan, Peru, Qatar, and South Korea is expected to increase by amore than $16 billion over the next decade, industry analysts say.
MOUNTAIN VIEW, Calif. The defense simulation and training market in the U.S. is expected to shrink from from $13.11 billion in 2014 to $13.00 billion in 2019 at a negative compound annual growth rate of 0.2 percent, according to analysts at Frost & Sullivan in a report titled "DoD Training and Simulation Market."
MOUNTAIN VIEW, CA. Analysis from Frost & Sullivan’s U.S. Department of Defense (DoD) Special Operations Command (SOCOM) budget shows $10.09 million was spent on military products and services in 2012, and is expected to reach $10.60 million by 2018. The spending is anticipated to remain stable during the next four years, in spite of current budget concerns.
MOUNTAIN VIEW, CA. Frost & Sullivan’s Aerospace and Defense practice has issued a study that forecasts a spike in spending on Commercial Off-The-Shelf (COTS) aircraft by the Department of Defense (DoD). The report shows that COTS aircraft will be favored over new designs because they reduce long-term development costs and provide Quick Reaction Capability (QRC) by circumventing the Program Of Record (POR) procurement process.