Research and Markets: Innovations Drive Military Satellite Payload, Subsystem Market Growth

Research and Markets has predicted the global market for military satellite payloads and subsystems will grow at a 5.35 percent compound annual growth rate through 2021 due to advancements in satellites, antenna technology and networks.

The research firm said it also forecasts that the emergence of ground-based inflatable satellite communications antennas for military applications will help drive market growth.

The “Global Military Satellite Payloads and Subsystems Market 2017-2021” report also offers information on market drivers, trends and challenges and vendor landscape.

Companies profiled in the report include:

  • Airbus’ defence and space segment
  • BAE Systems
  • Boeing
  • China Spacesat
  • Honeywell
  • Israel Aerospace Industries
  • Lockheed Martin
  • Northrop Grumman
  • Orbital ATK
  • Thales

You may also be interested in...

John Coykendall Deloitte

Deloitte Selects John Coykendall to Lead Aerospace & Defense Sector; Paul Wellener Quoted

Deloitte has appointed John Coykendall, a principal at its consulting business, to lead the company’s U.S. aerospace and defense (A&D) sector within the U.S. industrial products and construction practice. Coykendall will also lead Deloitte's global aerospace and defense sector, succeeding Robin Lineberger, who will retire in May. 

Axonius

Axonius Secures $100M Private Funding for Portfolio Development, Market Expansion Efforts

Asset management platform maker Axonius has secured $100 million in private funding to support the company’s efforts to update its cybersecurity portfolio, Reuters reported Monday.

Lockheed GPS IIIF

Eric Brown: Lockheed Plans On-Orbit GPS Satellite Servicing Feature

Eric Brown, senior director of military space mission strategy at Lockheed Martin, said the company is updating its satellite bus for the U.S. Air Force's GPS III follow-on satellite platform to facilitate hardware updates in orbit, SpaceNews reported Friday.