in ,

Research and Markets Report Sets Global Military Comms CAGR at 12% in 2015-2020

Research and Markets Report Sets Global Military Comms CAGR at 12% in 2015-2020 - top government contractors - best government contracting event
https://executivebiz-media.s3.amazonaws.com/2022/08/19/30/9f/c3/a0/b7/6f/d4/64/Executive-Biz.png

CellTowerA new Research and Markets report forecasts the global military communications market to reach $40.82 billion by 2020 from $23.02 billion in 2015 amid a growing demand for updated communication techniques.

The report sets the market’s compound annual growth rate at 12.1 percent during the forecast period, Research and Markets said Wednesday.

T noted that tier-one market players have implemented various techniques such as agreements, mergers and acquisitions, and new product developments to augment their market share.

Companies profiled in the report are:

  • Alcatel-Lucent
  • BAE Systems
  • General Dynamics
  • Harris
  • L-3 Communications
  • Lockheed Martin
  • Northrop Grumman
  • Raytheon Anschutz
  • Rockwell Collins
  • Thales
ExecutiveBiz Logo

Sign Up Now! ExecutiveBiz provides you with Daily Updates and News Briefings about Industry News

mm

Written by Jay Clemens

Executive Profile: Sarah St. Clair, People Services VP at Booz Allen Hamilton - top government contractors - best government contracting event
Executive Profile: Sarah St. Clair, People Services VP at Booz Allen Hamilton
Mutualink, IP Access International Form Emergency Comms Alliance; Mark Hatten Comments - top government contractors - best government contracting event
Mutualink, IP Access International Form Emergency Comms Alliance; Mark Hatten Comments