Shrinking Budgets Require New Strategic Approaches to Defense Industry
The aerospace and defense industry will undergo
fundamental changes as many nations strive to reduce military spending in the new millennium. In an effort to reach new markets and to boost revenues, industry
participants are increasingly moving toward consolidation and globalization of operations. Ultimately, sustainability in the defense sector will be determined by the ability of industry sectors to identify new opportunities in an increasingly competitive field.
With military policies changing rapidly, participants must stay abreast of emerging trends. Frost & Sullivan's
compendium of business development opportunities in the aerospace and defense industry gives its users an overview of a wide range of markets, from geotechnologies and surveillance equipment to aircraft services and military training. With its comprehensive database of key markets and global projections, this research is an essential tool for quickly gaining knowledge about a fast-changing industry.
