Defense Market

Defense Market Research and Analysis

Entries for April, 2010

Defense Spending: Canada Restrains Growth in National Defence Spending

In a recently released Budget 2010 the Canadian Government announces its intention to restrain overall growth in defense spending. The section of the Budget 2010 titled “Restraining Growth in National Defence Spending” says:

“In recent years, the Government has made major, necessary investments in the country’s military capabilities in support of the Canada First Defence Strategy, [...]

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Defense Spending: Germany Cuts Funds For European Defense Projects

The German economy contracted by 5 percent in 2009, the largest reduction in Germany’s post-war history. In 2010 Germany plans a record debt – 80 Billion Euro ($110 billion), twice the amount borrowed in 2009. One of the fallouts of the economy crisis is a drastic reduction of funds for European defense projects [...]

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Defense Spending: Britain Facing Funding Gap of £36 Billion and Potentially More

These are conclusions of the report released yesterday by parliament’s Committee of Public Accounts.

“The Major Projects Report 2009 is the latest in a long running series of reports examining the record of the Ministry of Defence (the Department) in meeting cost, time and performance targets for its top military equipment projects which are expected to [...]

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U.S. Military UAV Market Will Surpass $12.7 Billion in the Next 5 Years

The U.S. military UAV market is projected to grow at a CAGR of 10% between 2010 and 2015, says “U.S. Military Unmanned Aerial Vehicles (UAV) Market Forecast 2010-2015″, a new research report from Market Research Media. The report finds that the annual U.S. military UAV market will surpass $12.7 Billion by 2015.

The U.S. military Unmanned [...]

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UAV Market: Predator-Series UAVs Reach One Million Flight Hours

General Atomics Aeronautical Systems, Inc. (GA‑ASI), a defense contractor and manufacturer of unmanned aircraft systems (UAS), tactical reconnaissance radars, and surveillance systems, has announced that its Predator®-series UAS has reached the one million flight hours mark. Predator-series UAVs are in constant daily operations supporting the U.S. Air Force, U.S. Army, U.S. Navy, U.S. Department [...]

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UAV Market: NASA Jumps on the UAV Bandwagon

The first flight of the Global Hawk UAV on NASA Mission over the Pacific Ocean has been successfully completed. The flight is the first of five NASA planned missions to study atmospheric science over the Pacific and Arctic oceans.
NASA-sponsored UAV program is just a small part of a broad U.S. government initiatives to keep [...]

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U.S. Military Unmanned Aerial Vehicles (UAV) Market Forecast 2010-2015