Report Forecasts Growth in DoD UAS Spending Through Fiscal 2023

A Frost & Sullivan report predicts that Department of Defense spending on unmanned aerial systems will climb at a 4.6 percent compound annual growth rate over the next five fiscal years, National Defense Magazine reported Friday.

The research company has projected the UAS market to reach $7B by FY 2023 and that small platforms will account for the largest percentage growth.

Michael Blades, research director for North America at Frost & Sullivan, told the publication in an interview a demand for 24/7 intelligence collection technology can drive the projected growth rate.

Blades added new payload technology such as data links, sensors and artificial intelligence systems have the potential to drive the UAS industry as DoD pursues manned-unmanned teaming and machine learning programs.

“There's all kinds of opportunities,” he said. “It's just a matter of who has the best equipment and has the proven capabilities that the DoD or “¦ [other] U.S. government agencies need.“

You may also be interested in...

Ed Sheehan President

CTC to Continue Supporting USAF Facilities Under New Contract Modification; Ed Sheehan Quoted

Concurrent Technologies Corp. has secured a contract modification to help the U.S. Air Force manage facilities and corresponding utility systems. The company said Tuesday it will continue to deliver subject matter expertise and program management services for USAF facilities under an existing five-year, $21 million contract.

RFCM test Navy

Navy Tests Airworthiness of BAE-Made RF Countermeasure Tech for P-8A Aircraft

The U.S. Navy has demonstrated the airworthiness of a BAE Systems-made prototype of a technology meant to provide the P-8A Poseidon aircraft with radio frequency defense. The pod-mounted radiofrequency countermeasure passed its airworthiness test while installed on the P-8A platform operated by Air Test and Evaluation Squadron or VX 20, Naval Air Systems Command said Friday.

Mk 18 Mod 2 UUV

Huntington Ingalls Subsidiary Books Potential $75M Navy UUV Payload Modernization IDIQ

A Huntington Ingalls Industries business unit has received a potential five-year, $74.7 million contract to help update payload for the U.S. Navy’s Mk 18 Mod 2 Kingfish unmanned underwater vehicles. HII’s Hydroid subsidiary will provide Increment II hardware for the Mk 18 Mod 2 UUV as part of the indefinite-delivery/indefinite-quantity award, the Department of Defense said Tuesday.