DUBLIN, Mar. 24, 2015 /PRNewswire/ --Research and Markets
(http://www.researchandmarkets.com/research/jp3fg6/military) has announced the addition of the "Military Infrastructure and Logistics Market in the US 2015-2019" report to their offering.
The analysts forecast the Military Infrastructure and Logistics market in the US to grow at a CAGR of 2.08 percent over the period 2014-2019.
Infrastructure and logistics are the pillars of the military, where timely supply of ration, munition, vehicles, and other equipment is vital for its functioning. Military operations are supported by a base or garrison, which provides timely support. This market also covers management of facilities, and the upgrade and maintenance of an already operational base.
One of the major trends emerging in this market is the replacement of outdated infrastructure with modern logistics software systems. Modern logistics systems such as the GCSS-Army are designed to assist units in anticipating, allocating, and synchronizing the flow of critical supplies to operating positions. It is one of the largest ERP systems with more than 160,000 users. These new systems automate cost management and improve financial visibility, as they integrate electronic financial and planning systems.
According to the report, one of the main factors affecting the market positively is the need for modernization of the US military. It has become common practice for the US Army to boost the technology infrastructure by outsourcing certain functions to external suppliers. Many suppliers aid army bases worldwide by boosting communication systems and providing fiber-optic cables and secure wireless communications to these installations. A paradigm shift is emerging in the use of technology through the adoption of IP-based multimedia communication systems as opposed to circuit switch voice technology.
Further, the report states that a major challenge is the burden on the national exchequer, which has to fund military operations. The US is engaged in many military operations around the world. This has affected its national economy and has forced it to cut its military spending. Protests by activists, political establishments, and the general population have forced the US government to make cuts in the budget allocated for the armed forces.
The Military Infrastructure and Logistics Market in the US can be divided into three segments:
- Military Infrastructure
- Military Logistics Services
- Military FMS
- AECOM Technology
- Dyncorp International
- GENCO Distribution Systems
- Lockheed Martin
Other Prominent Vendors
- American International Contractors
- Claxton Logistics
- Mantech International
- One Network
- Sierra Monitor
For more information visit http://www.researchandmarkets.com/research/jp3fg6/military
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SOURCE Research and Markets