Monday, March 22, 2010

Stagnant C4I Market Holding Up Better Than Most Defense Sectors

Stagnant C4I Market Holding Up Better Than Most Defense Sectors
March 22, 2010

NEWTOWN, Conn.— "Stagnant," said Richard Sterk, Senior Defense Analyst and lead author of Forecast International’s “The Market for C4I,” in describing the current state of the world command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) market. "Fortunately, stagnant in this economy means doing OK when so much of it is in a major decline."

“The Market for C4I” examines some 113 leading C4I programs, and reviews 16 companies involved in the production of C4I systems. It projects a C4I market worth at least $53.8 billion over the next 10 years. More specifically, the value of the programs covered by the study will total $8.8 billion in 2010 and then decline to $3.6 billion in 2019. This 59.12 percent drop ($5.2 billion) in projected annual sales indicates that more than half of the programs explored will be completed by the end of the 10-year forecast period of 2010-2019.

"Network integration continues as a top priority," said Sterk, noting that "not only must individual services within a nation be able to share information, but nations must also be able to communicate with one another as they work together for common goals. This is not an easy task given the range in age of the technology in use around the world, as well as the technological hurdles to be faced in trying to disseminate huge amounts of information on such a grand scale."

Among the companies reviewed in this analysis, Raytheon, General Dynamics, Northrop Grumman, Boeing, and Lockheed are projected to be the top five C4I defense companies over the next 10 years based on forecast sales volume and percentage of market share.

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.

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