FI: EW Market to Reach $24.6B from 2007-2017
A January 2007 analysis by Forecast International projects that the development and production of leading EW systems will be worth $24.6 billion from 2007-2017. Report author Andrew Dardine believes that the “rising need for the various jamming, self-protection, and electronic support measures (ESM) systems that make up the EW Systems market will result in steady production and long-term research and development well into the next decade.” Nonetheless, this represents a rolling decline from the $28 billion projected in their 2006-2016 forecast released in January 2006.
The top 5 projected companies in this field are Northrop Grumman (EA-18G Growler, LAIRCM, 10-year share $10.4 billion), BAE Systems (TADIRCM, CMWS, $3.4 billion), both of whom are projected as having significant upside. Raytheon (ALR-67), ITT Industries (AN/ALQ-211), and Lockheed Martin round out the top 5, replacing Thales, Sweden’s SaabTech and Israel’s Elta Electronics from last year’s report. See Forecast International release.