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IHS Markit forecasts worldwide defense budgets to experience modest growth between 2014-2018, with a CAGR of 1.4%. The challenge facing traditional defense manufacturers in the US and Western Europe, however, is that this growth takes place away from established markets. While suppliers have a strong footprint in the Middle East, emerging markets in Asia Pacific and Latin America are fragmented, posing a diverse range of business challenges.
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This premier aircraft manufacturer produced Flying on Demand, Global Market Forecast 2014-2033, a reference book that provides comprehensive economic, financial and political coverage of 200-plus countries. Stakeholders throughout the commercial airline industry rely on the book’s insights regarding product innovation, production and planning.
To expand its international business, global market forecasters for Europe’s top defense and space enterprise strengthened planning for prioritized countries, supported decisions to refocus resources, highlighted new opportunities that were not in operational plans, and developed formulas to generate updates/analyses within just one day.Learn More About Our Customers Success
A Fortune 500 aerospace company that is addressing industry-wide engineering and knowledge retention challenges -- by using a new system to harness internal and external technical information and derive new ideas across numerous projects -- reports a 10-fold return on investment within the first year.Learn more about our client’s successes
In this brief video, Paul Burton – Director of Research & Analysis for IHS Defence Industry and Budgets – describes how a defense manufacturer overcame austere market conditions to unlock opportunities in emerging markets. Learn how the company used IHS proprietary data and market forecasts, and worked with IHS analysts, to secure a sale in a region where it had never before conducted business.View Video
AUSA 2017: Stryker dragoon from General Dynamics Land Systems: https://t.co/5gJsYE4QiE
ADEX 2017: Boeing’s Poseidon takes centre-stage following MSA’s axing: https://t.co/es6y5X1ddc
ADEX 2017: KAI refining KFX configuration ahead of key milestones: https://t.co/Z5sgQcHwAv
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