-- Operational and spending priorities ensure continued improvement of surveillance and weapon systems capability
MOUNTAIN VIEW, California, Oct. 30, 2012 /PRNewswire/ -- Force structure reductions limits the table of equipment expansion. Every military department will be reduced, with ground forces seeing the most significant changes to force structure. The impact caused by all of this will be softened by the purchase of new platforms, along with upgrades and modernization of existing systems.
Frost & Sullivan's Aerospace & Defense (www.frost.defense.com) practice finds that Department of Defense (DoD) spending for electro-optical (EO)/infrared systems (IR) totaled $4.58 billion in 2012. These expenditures are estimated to reach $4.79 billion in 2017.
To view the video on "DoD Electro-Optical/Infrared Systems," please click here or visit: http://bit.ly/T0f9Ay. If you are interested in more information on this research, please send an email to Jeannette Garcia, Corporate Communications, at email@example.com, with your full name, company name, title, telephone number, company email address, company website, city, state, and country.
Continuing combat operations drives the demand for accurate and responsive sensors to provide surveillance and reconnaissance, as well as targeting data. Improved EO/IR sensors along with datalinks and distribution systems have shortened the time of the sensor to shooter kill chain.
"Both counter insurgency and counter terror warfare have also driven the widespread adoption of aircraft targeting pods, multi-spectral imaging, man-pack full-motion video displays and platforms equipped with multiple sensors," said Frost & Sullivan Senior Industry Analyst Brad Curran. "These tools enable military forces to react quickly and effectively to enemy activity in real time."
Once the domain of intelligence, special operations and dedicated targeting units; the more widespread use of current relatively inexpensive and responsive EO/IR system tasking and data are available to a much broader base of military units. The routine use of these EO/IR systems at all echelons enables effective surveillance and targeting.
Actual contract spending on targeting applications exceeded budgeted programs in 2011. Non-programmed contracted EO/IR services represented 19.2 percent of total spending during this year.
DoD Electro-Optical/Infrared Systems is part of the Aerospace & Defense Growth Partnership Services program, which provides global Mega Trends, information on emerging markets and the latest technology innovations, market, economic, customer, competitive, and best practices research. This CEO 360 degree perspective will enable your company to effectively plan your strategies for growth. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
- The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
- The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
DoD Electro-Optical/Infrared Systems
Corporate Communications – North America
SOURCE Frost & Sullivan