Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Domestic Defense Firms Must Become More Innovative and Cost Efficient to Succeed in the Increasingly Competitive Race to Sell International Arms
save 25 %
* Required Fields
Pay by invoice
An overall increase in global defense spending is expected, after several years of relatively flat growth, which will cause the US Department of Defense (DoD) market for foreign military sales (FMS) to grow at an estimated 3.4% over the 2015 to 2021 study period. However, overall sales of US military equipment will grow at an even greater rate because International Traffic in Arms Regulations (ITAR) reform, part of an overall Export Control Reform Initiative (ECRI), will eventually result in more equipment being sold through direct commercial sales (DCS). The top 10 countries for FMS deliveries all reside in the Near East and South Asia or East Asia and Pacific regions, and the most requested and delivered systems in the FMS program include: Ground-based air defense weaponry, fighter aircraft, training services, and tactical vehicles.Global competition for international arms sales is increasing as technology becomes cheaper to obtain and incorporate into indigenous endeavors. US defense companies must actively develop technological innovations while improving cost efficiencies if they hope sell technically advanced systems at competitive prices. They must also actively seek synergistic partnerships with emerging economies to achieve maximum growth potential. Research Scope: The market size, based on FMS deliveries, is provided for 2015—the last full fiscal year before this study was initiated. In addition, estimates for FMS deliveries through 2021 are calculated and a current evaluation of the competitive landscape is presented. The global market is segmented by the following regions: Near East and South Asia; East Asia and Pacific; Europe; Western Hemisphere; and Africa.Market estimations and competitive landscape information include: • Factors driving demand for military weapons systems • Factors restraining demand for military weapons systems • Regional geopolitical issues and impacts on weapons purchasing and manufacturing • Military weapons purchasing trends by region • Types of weapons systems and military services demanded by region • Leading US military suppliers to each region Questions this study will answer: • Is the DoD FMS market growing, how long will it continue to grow, and at what rate? • What segments, programs, and services make up the FMS market? • What are the leading market drivers, restraints, and trends? • Which countries are most active in the DoD FMS market? • What companies are leading the market? This study also contains a description of the rather complex FMS process, its positive and negative attributes, and how the program may change in the future. There are several growth opportunities for US defense firms that seek expansion outside the US DoD. The study identifies these opportunities and the strategies that will likely lead to successful execution of additional foreign sales of military weaponry.
Global Military Training and Simulation Market, Forecast to 2027
US DoD C4ISR Competitive Overview, 2017
US DoD Budget Assessment, 2019–2023
Global Air-to-Air Missile Market, Forecast to 2022
Global Defense Counter-UAS Technologies Market, Forecast to 2022
Global Navigation Satellite Systems and Vulnerabilities, 2016
US DoD Training and Simulation Market, Forecast to 2021
NORDEFCO Defense Posture, Forecast to 2021
Global Air-to-Ground Missile Market, Forecast to 2021
Middle East Homeland Security Market, 2015
neurology devices market
functional beverage market
power electronics market
glucose monitoring devices market
mobile biometrics market
artificial lift market
solar energy market
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.