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Thursday, October 30, 2008

AESA, Other Developments Drive Radar Production

Forecast International projects the worldwide radar market to be worth $50 billion over the 2008-2017 timeframe.

In "The Market for Radar Systems" analysis, the production, operations and maintenance, and RDT&E programs of 113 radar systems are covered. Over the next 10 years, the study projects 13,325 individual radar units will be produced.

Advancements in technology are driving demand for new radar systems around the world. "Advancements in digital and electronic technology are further improving radar capabilities," said William Ostrove, electronics analyst and author of the study.

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