DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/65rqv8/future_of_the_us)
has announced the addition of the "Future
of the US Defense Industry - Market Attractiveness, Competitive
Landscape and Forecasts to 2019" report to their offering.
The Future of the US Defense Industry - Market Attractiveness,
Competitive Landscape and Forecasts to 2018 offers the reader an insight
into the market opportunities and entry strategies adopted by foreign
original equipment manufacturers (OEMs) to gain market share in the US
The 2011 Budget Control Act (BCA) has set a cap on total national
defense budget funding, starting with US$546 billion in 2013, to be
reduced by US$54.3 billion each subsequent year. BCA required the US
Depart ment of Defense (DoD) to take US$487 billion of reductions in its
expenditure over the period of 10 years.
What is the current market landscape and what is changing?
The US has a defense budget of US$607.5 billion (including allocation
for OCO) in 2014 and the government is expected to sustain a high level
of expenditure over the forecast period. Although the allocation for
overseas operations is estimated to remain stable at US$37.3 billion
over the forecast period, the country is expected to increase its base
military expenditure at a CAGR of 1.75%.
The expenditure will be triggered by the government's plan to acquire
advanced defense equipment coupled with replacement of old and obsolete
arms and ammunitions.
The looming threat of budget cuts and sequestration is not expected to
terminate or affect the existing contracts, but will impact DoD's future
contracts and the numbe r of military hardware to be procured under these
contracts. Significant opportunities are expected to exist https://www.lowes.com/pl/Lawn-sprinklers-Garden-hoses-accessories-Watering-irrigation-drainage-Outdoors/4294612478 in the fields
of C4ISR, aircraft, cyber security, missile defense systems and
submarines. Foreign defense companies and new entrants have the option
to cater to the US defense market via joint development programs,
strategic alliances, or acquisition of domestic players. The US
government's encouragement of foreign direct investment (FDI) in the
defense sector will also help foreign companies in entering the market.
Key Topics Covered:
2 Executive Summary
3 Market Attractiveness and Emerging Opportunities
4 Defense Procurement Marke t Dynamics
5 Sprinkler System Industry Dynamics
6 Market Entry Strategy
7 Competitive Landscape and Strategic Insights
8 Business Environment and Country Risk
Science Application International
Sikorsky Airc raft
For more information visit http://www.researchandmarkets.com/research/65rqv8/future_of_the_us