The Future of the US Defense Industry – Market Attractiveness, Competitive Landscape and Forecasts to 2021, published by Strategic Defence Intelligence, provides readers with detailed analysis of both historic and forecast defense industry values, factors influencing demand, the challenges faced by industry participants, analysis of industry leading companies, and key news.
- Over the historic period, the US defense expenditure registered a growth rate of -2.63%,decreasing from US$646billion in 2012 to US$580 billion in 2016
- The US military expenditure, valued at US$580billion in 2016, is expected to increase to US$599 billion by 2021, registering a CAGR of 0.71% over the forecast period
- The US military expenditure will be driven by the efforts to retain its military supremacy and initiatives to replace the aged and worn-out weapons that have been used in the Iraq and Afghanistan wars
- The Defense Ministry is expected to procure, Networking, IT Software, Hardware, Multi-Role Aircraft MRO and Transport Aircraft MRO
Strategic Defence Intelligence’s latest report Future of the US Defense Industry, offers detailed analysis of the US defense industry with market size forecasts covering the next five years. This report will also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants.
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