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IHS 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.
Click sections below to explore current trends.
This aerospace and defense manufacturer avoids backorders in its supply chain by using a best-in-class system to identify and locate critical parts and suppliers. As a result, the company has reduced administrative lead time (ALT) and production lead time (PLT) from months to days by providing single-point access to data for 230,000 forging tools.
Sweden’s largest provider of high-tech AD&S solutions supports its successful export strategy by offering all 14,000 employees worldwide access to best-in-class market intelligence – a tenfold increase in the user community -- and consolidating disparate subscriptions to increase efficiency and usage.Learn more about our client’s successes
One of the world’s leading manufacturers of state-of-the-art solutions for armed forces and civil security sectors enabled its strategy for entering APAC markets with granular data built from the bottom up -- e.g., discovering 200+ potential sales opportunities for defense electronics in the region.Learn more about our client’s successes
National Aeronautics and Space Administration (NASA) research centers and test facilities create hundreds of millions of documents and reports every year. By implementing a platform for technical knowledge discovery, the agency has gained quick access to relevant information and reduced time spent researching specific project data results from days to hours.Learn More About Our Customers Success
News update: Australia's Future Submarine selection criticised by former ASC head https://t.co/ULqosVHfdO
News update: Rolls-Royce reaches USD813 million settlements to end corruption investigations https://t.co/V8unfDjFXZ
WEBINAR *Subs only*Interdicting ISIS: Employment of Air-Launched Weapons in Syria and Iraq - 19 Jan - Register here: https://t.co/ytssgephl6
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