Research and Markets: Cloud to Drive Defense Logistics Information Systems Market Through 2019

market researchA new Research and Markets report forecasts the defense logistics information systems market in the U.S. to grow at an annual compound rate of 3.56 percent by 2019.

The market will see growth in the adoption of cloud computing and service-oriented architecture-based services between 2014 and 2019, Research and Markets said Monday.

Research and Markets cites “increased defense expenditure” as one driver that will spur growth of the DLIS market in the U.S.

“The market witnessed an increase in defense IT spending and this increased expenditure will facilitate IT research, which will further enhance the operational efficiency of DLIS applications,” the market research firm says.

The report also attributes growth restriction in the market to “high maintenance costs of DLIS applications.”

You may also be interested in...

Immervision

Immervision to Develop sUAS Wide-Angle Camera Under DIU Program

The Defense Innovation Unit has tapped Immervision to build a wide-angle computer vision camera for small unmanned aerial systems.

DHS

DHS Posts Night Vision Tech RFI to Aid S&T Market Survey

The Department of Homeland Security has issued a request for information to seek inputs from industry on night vision technologies in support of a market survey by the National Urban Security Technology Laboratory under the DHS Science and Technology Directorate.

Comtech

Comtech Books $175M Contract for 911 Services in Pennsylvania

Comtech Telecommunications has secured a potential $175.1M contract to assist the Commonwealth of Pennsylvania in designing, implementing and operating 911 services across the state.