Growing R&D Activities to Improve Logistics Capabilities Encouraging Growth in the Military Infrastructure and Logistics Market in the US: Technavio Report

Renewable energy

 

  • The key vendors in the Military Infrastructure and Logistics Market in the US 2015-2019 are AECOM Technology Corp., Dyncorp International LLC, GENCO Distribution Systems Inc., KBR Inc. and Lockheed Martin Corp.

London, 03 March 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Military Infrastructure and Logistics Market in the US 2015-2019.   One of the major trends emerging in this market is the replacement of outdated infrastructure with modern logistics software systems. Modern logistics systems such as the GCSS-Army are designed to assist units in anticipating, allocating, and synchronizing the flow of critical supplies to operating positions. It is one of the largest ERP systems with more than 160,000 users. These new systems automate cost management and improve financial visibility, as they integrate electronic financial and planning systems. The overall market is expected to witness a CAGR of 2.08 percent during the forecast period of 2014-2019.

Several technologies are being implemented to enhance the performance of infrastructure and to maximize security. Recently, this market has been characterized by the popularity of NCW-based communication infrastructure.

“Government agencies are set to invest heavily in these activities to streamline supply chains, develop a better demand-supply network, and develop state-of-the art infrastructure and better facility management,” says Faisal Ghaus, Vice President of TechNavio Research.

“Growing strategic alliances and technology transfer agreements with private manufactures are expected during the forecast period.”

To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance. 

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