Latest stories

  • Teal Group: UAV Production to Reach $93B in 10 Years - top government contractors - best government contracting event
    in ,

    Teal Group: UAV Production to Reach $93B in 10 Years

    A new Teal Group report forecasts production of unmanned aerial vehicles to reach a total of $93 billion in the next 10 years. Philip Finnegan, Teal Group’s director of corporate analysis and an author of the study, said Friday the market research firm’s 2015 UAV study “calculates the UAV market at 72 percent military, 23 percent consumer, 5 […] More

  • Teal Group Forecasts Continued Growth in Global UAV Market; Philip Finnegan Comments - top government contractors - best government contracting event
    in ,

    Teal Group Forecasts Continued Growth in Global UAV Market; Philip Finnegan Comments

    Teal Group‘s 2014 market study on unmanned aerial vehicles indicates a projected $77 billion in global UAV spending over the next 10 years, with spending in the civil market rising alongside the military market’s continued dominance. Teal Group Director of Corporate Analysis Philip Finnegan and Senior Analysts Steve Zaloga and David Rockwell co-authored the report titled “World Unmanned […] More