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Sector Analysis
United States (US) Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2028
US Defense Market Report Overview The US defense budget was worth $818.8 billion in 2023, which was a 10.7% rise from the previous year. This is in response to the deteriorating global security environment such as the Russian invasion of Ukraine and continued tensions with China over territory in the South China Sea and wider Indo-Pacific. Numerous geo-strategic and domestic political imperatives continue to drive US expenditure as defense capabilities gain growing political importance. The country’s defense budget is expected to...
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Company Insights
Innovation and Patenting activity of Leonardo DRS Inc Q4 2023
GlobalData, the industry analysis specialist, has released its latest company patent databook "Innovation and Patenting activity of Leonardo DRS Inc Q4 2023". The databook highlights patenting activity of the company in terms of growth in filings and grants, regions protected, impact of various themes, sector applicability of technologies protected. It provides contextual analysis of technical peers, their strategy, dominance (Grant share) and their recent activities. This is an on-demand databook that will be delivered upon request. The report will be...
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Company Profile
Leonardo DRS Inc – Company Profile
Leonardo DRS Inc (Leonardo), a subsidiary of Leonardo SpA, manufactures, supplies, and technology innovator of defense systems. The company’s product’s portfolio include intelligence products, mid-infrared laser light, imaging and detection solution, sensors, critical mission communication equipment and systems. DRS also provides computing and information technology, surveillance, reconnaissance and EOIR, defense systems, intelligence and security, power and propulsion, surveillance, reconnaissance and EOIR, and sustainment, logistics and advanced services. It serves military forces, intelligence agencies and prime contractors in the US and...
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Sector Analysis
The Global Undersea Warfare Systems Market 2017-2027
The demand for USW systems is expected to be driven by growing disputes over maritime borders, offshore resources and trade routes. Anti-access area denial (A2/AD)and counter A2/AD are becoming a vital part of maritime strategies employed by major navies across the world and undersea warfare is expected to regain its prominence. New developments in maritime technology such as unmanned vehicles and maritime robots, stealth submarines, enhanced detection ranges of sonar, undersea communications and network centric warfare etc. are also anticipated...