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Home Defence & Military News Technology News

European Air Battle Space Market Growing

by Editor
January 18, 2006
in Technology News
1 min read
0
14
VIEWS

Frost & Sullivan, LONDON, UK: The requirement for different technologies within each vertical segment of the European air battle space management (ABSM) market has encouraged several competitors to step into the market but has also rendered it difficult for any one company to exclusively dominate it. 
 
The market (comprising static ground-based systems, deployable ground systems, air platforms and missile defence systems) is undergoing changes and estimates reveal that $14.00 billion is likely to be spent on ABSM from 2003 to 2014. 
 
With NATO in the process of upgrading its ABSM program to a single common system that can be used by all NATO forces, revenues in the static ground-based systems segment are set to grow. Members are also making efforts to provide the necessary hardware and software to integrate or replace legacy ABSM equipment across the alliance. The Air Command and Control System (ACCS) is projected to have a fully deployable component that is likely to provide NATO with the capacity to deploy a ground-based ABSM facility during expeditionary and littoral operations. 
 

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