Complex Technological Requirements to Spur Competition
10-Oct-2024
North America
Market Research
KAD6-01-00-00-00
AE_2024_1052
In this research service, Frost & Sullivan presents the US Department of Homeland Security (DHS) Coast Guard (USCG) fiscal year (FY) 2025 spending request, outlining the budget categories, key spending priorities, ongoing acquisition programs, and significant contracts.
In addition, the study highlights the key growth-driving and restraining factors, lists the most important contractors, and presents the 3 most significant growth opportunities in the market, as well as an outlook for the upcoming years.
Escalating tensions in regions like the Arctic, South China Sea, and Eastern Europe, combined with the push to integrate advanced technologies like AI, unmanned systems, and cybersecurity, are expected to drive USCG procurement efforts. Additionally, the focus on environmental protection and the Coast Guard's role in disaster response, oil spills, and illegal fishing will likely fuel investments in specialized vessels, aircraft, and technology.
However, federal budget constraints, especially during an election year, could limit available funds and hinder procurement efforts. Additionally, the complexity of the procurement process, with lengthy approvals and compliance requirements, may further delay or restrict new acquisitions.
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the US Coast Guard 2025 Budget
Growth Opportunities Fuel the Growth Pipeline Engine™
Purpose and Overview
Growth Metrics
Growth Drivers
Growth Restraints
FY2025 US Coast Guard Budget Request
FY2025 US Coast Guard Budget Request (continued)
US Coast Guard Historical Budget Request
Acquisition Programs
Acquisition Programs (continued)
Representative Contracts
US Coast Guard Operational Assets
R&D Projects
Revenue Share
Revenue by North American Industry Classification System
Representative Market Participants
Conclusion and Future Outlook
Growth Opportunity 1: Arctic Operation Enhancement
Growth Opportunity 1: Arctic Operation Enhancement (continued)
Growth Opportunity 2: Cybersecurity and Digital Infrastructure
Growth Opportunity 2: Cybersecurity and Digital Infrastructure (continued)
Growth Opportunity 3: Unmanned Systems and Autonomous Technology
Growth Opportunity 3: Unmanned Systems and Autonomous Technology (continued)
List of Exhibits
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| Deliverable Type | Market Research |
|---|---|
| Author | Nils Schaefer |
| Industries | Aerospace, Defence and Security |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Us Coast Guard Budget |
| Keyword 2 | Coast Guard Funding |
| Keyword 3 | Fy2025 Defense Focus |
| Podcast | No |
| Predecessor | K6A1-01-00-00-00 |
| WIP Number | KAD6-01-00-00-00 |
US Coast Guard FY2025 Budget Overview
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