Home / Press Releases / Report: Increased Military Expansion, Procurement Spending to Grow Unmanned Sea Systems Market

Report: Increased Military Expansion, Procurement Spending to Grow Unmanned Sea Systems Market

market analysisTYSONS CORNER, VA, January 8, 2016 — BAE Systems, General Dynamics (NYSE: GD) and Raytheon (NYSE: RTN) are among the key players Research and Markets identified in the global unmanned naval systems market through 2020, ExecutiveBiz reported Thursday.

The market research company said Wednesday increased procurement and military expansion will drive the market to achieve a 6-percent compound annual growth rate by the end of the forecast period.

The other key market players are Atlas Elektronik and Mitsubishi Heavy Industries.

About Executive Mosaic: Founded in 2002, Executive Mosaic is a leadership organization and media company. It provides its members an opportunity to learn from peer business executives and government thought leaders while providing an interactive forum to develop key business and partnering relationships. Executive Mosaic offers highly coveted executive events, breaking business news on the Government Contracting industry, and delivers robust and reliable content through seven influential websites and four consequential E-newswires. Executive Mosaic is headquartered in Tysons Corner, VA. www.executivemosaic.com

Contact:
David Smith
(703) 226-7002

Check Also

Expanse Named Strong Performer in New Forrester Report; Matt Kraning Quoted

TYSONS CORNER, VA, November 6, 2019 — Expanse has been designated a "strong performer" in a Forrester report that evaluates multiple vendors of technology products designed to manage system vulnerabilities, ExecutiveBiz reported Oct. 22.

Leidos Completes $500K Donation to Help Build Army Museum; Roger Krone Quoted

TYSONS CORNER, VA, November 5, 2019 — Leidos (NYSE: LDOS) has provided the final $300K of its $500K donation to the Armu Historical Foundation for the construction of a museum at Fort Belvoir in Virginia, ExecutiveBiz reported Thursday.