'The Land-Based Air Defence Market Will Continue to Be the Most Profitable Sector of the Missile Market,' Says Latest visiongain Report.LONDON & SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- The total missile market is expected to be worth more than $100 billion by 2015, according to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. a new visiongain report. Missiles for land-based AD systems will make up the largest share of this market, accounting for approximately 25 per cent of its total value.
The study, entitled 'The Land-Based Air Defence Systems Report', reveals that the land-based air defence market is being given new impetus as a result of dual concerns over ballistic missile proliferation and the emergence of new aerial threats, including UAVs and cruise missiles. At the same time, land-based air defence is embracing the doctrine of network-centric warfare Network-centric warfare (NCW), now commonly called network-centric operations (NCO), is a new military doctrine or theory of war pioneered by the United States Department of Defense. and continuing to develop new technologies, including lasers and hypersonic hy·per·son·ic
Of, relating to, or capable of speed equal to or exceeding five times the speed of sound.
hy missiles, offering significant opportunities for investment.
While visiongain believes that the surface-to-air missile sur·face-to-air missile
n. Abbr. SAM
A guided missile launched from land or sea against an airborne target.
Noun 1. will retain its dominant position in the missile market, trends in global defence spending defence spending n → gasto militar mean the main priorities in the next decade will be the upgrade and service-life extension of existing systems, as well as the refurbishment of surplus equipment. These tendencies will present smaller companies with the possibility of obtaining 'tailor-made' contracts, notably in the field of electro optical sensors, fire control systems and datalinks.
"While land-based air defence developments will be typified by upgrades and the acquisition of off-the-shelf equipment, we will nevertheless see major sales of new systems in the Asia-Pacific Rim, driven by air defence restructuring in China and India," comments report author Thomas Newdick. "Within NATO NATO: see North Atlantic Treaty Organization.
in full North Atlantic Treaty Organization
International military alliance created to defend western Europe against a possible Soviet invasion. the situation is less clear-cut, but all signs indicate that the organisation is on the verge On the Verge (or The Geography of Yearning) is a play written by Eric Overmyer. It makes extensive use of esoteric language and pop culture references from the late nineteenth century to 1955. of implementing an integrated anti-tactical ballistic missile system, which will undoubtedly generate lucrative new contracts, especially in terms of ensuring interoperability."
A shift in land-based air defence priorities will see increasing emphasis placed on flexible anti-tactical ballistic missile systems capable of both forward deployment and homeland defence, the visiongain study forecasts. Anti-tactical ballistic missile systems will increasingly become available to new operators, while established short-range air defence systems will become the focus of new interception technologies and will continue to stress mobility and survivability sur·viv·a·ble
1. Capable of surviving: survivable organisms in a hostile environment.
2. That can be survived: a survivable, but very serious, illness. .
'The Land-Based Air Defence Systems Report' examines the current land-based air defence market country by country, and identifies where the major industry players, including Lockheed Martin, MBDA MBDA Minority Business Development Agency (US Department of Commerce)
MBDA Michigan Broadband Development Authority
MBDA Minnesota Band Directors Association
MBDA Matra BAE Dynamics Alenia
MBDA Magnolia Ballroom Dancers' Association , Raytheon and Thales, are investing. It also forecasts the potential opportunities (and possible pitfalls) in the market. In addition, the report provides an inventory of the major systems available or in development (include contract information), and profiles the most significant manufacturers involved in this fast-changing industry.
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