in ,

Frost & Sullivan Forecasts 1% CAGR for DoD C4ISR Spend in 2014-2020; Brad Curran Comments

Frost & Sullivan Forecasts 1% CAGR for DoD C4ISR Spend in 2014-2020; Brad Curran Comments - top government contractors - best government contracting event

tablet, soldier, c4isrFrost & Sullivan has projected the Defense Department's command, control, communications, computers, intelligence, surveillance and reconnaissance spend to grow 1.4 percent annually from 2014 to 2020.

Frost & Sullivan's report forecasts a growth in usage of commercial off-the-shelf-based computing, storage, security, networking and collaboration tools as the DoD's demand for virtualized services increases, the market research firm said Nov. 12.

“Sharp procurement spikes without significant corresponding research reductions for ballistic missile defense, unmanned vehicles and satellites resulted in a substantial uptick in requested 2016 C4ISR spending,“ said Brad Curran, Frost & Sullivan aerospace and defense senior industry analyst.

Frost & Sullivan also expects the DoD to spend $39.54 billion total on C4ISR, electronic warfare and information operations and multipurpose technologies for the fiscal year 2016, or up 8.8 percent from 2015.

DoD will also prioritize combat systems integration, collaborative targeting and surface ship self-defense systems through 2020, according to the report.

ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Industry News

Grand View Research: Global Big Data Market to Reach $72B by 2022 - top government contractors - best government contracting event

Grand View Research: Global Big Data Market to Reach $72B by 2022

DigitalGlobe: Budget, Innovation Framework Key for Govt-Industry Satellite Partnerships - top government contractors - best government contracting event

DigitalGlobe: Budget, Innovation Framework Key for Govt-Industry Satellite Partnerships