Research and Markets: Global C4ISR Market to See 3.67% CAGR Through 2019

market researchResearch and Markets report predicts that the global market for C4ISR systems will grow at a 3.67-percent compound annual growth rate through 2019.

The company said Wednesday the Middle East and Asia-Pacific regions will see the most growth with a combined 30-percent market share due to increased defense budgets and demand for C4ISR technologies.

According to the report, the market will see particular demand for integrated C4ISR systems that provide data security, ease of use and interoperability with other systems.

The report also identified the following key vendors:

  • BAE Systems
  • Elbit Systems
  • Lockheed Martin
  • Northrop Grumman
  • Raytheon

You may also be interested in...

Jay Lambke President GAI

Government Acquisitions Obtains SBA HUBZone Program Certification; Jay Lambke Quoted

Cincinnati, Ohio-based company Government Acquisitions Inc. has been accredited by the Small Business Administration under a program that seeks to provide economic benefits to government contractors from historically underutilized business zones.

Satellite launch

SpaceX Launches Satellite for Multinational Ocean Observation Effort

SpaceX has sent to space a satellite designed to monitor sea levels across the globe under a U.S.-U.K. partnership. The Sentinel-6 Michael Freilich satellite lifted off from Vandenberg Air Force Base on a mission to collect sea level data, support ship navigation and inform weather forecasts, NASA said Sunday.

KBR

KBR Gets $65M Navy Contract Modification for Base Support Services

KBR has received a one-year, $64.8M contract modification to carry out base operating support services at various U.S. Navy installations in Djibouti and Kenya.