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Unmanned Systems Industry Seen Moving Beyond Iraq & Afghanistan


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© Business Wire 2008
2008-09-23 23:49:02 -

www.frost.com - The Aerospace & Defense practice at Frost & Sullivan, the Growth Partnership Company, is pleased to announce its 2008 Quarterly Analyst Briefing Presentation on the unmanned systems market, to be held on Wednesday, September 24, 2008 at 8:00 a.m. PDT.

U.S. Department of Defense (DoD) spending on unmanned systems has spiked considerably since the onset of the

Global War on Terror. Spending on procurement and research and development has steadily increased, resulting in the deployment of thousands of unmanned ground, aerial and maritime vehicles in both Iraq and Afghanistan. However, as the level of violence in the Middle East declines, and the DoD prepares for a new administration, the unmanned systems industry will have to be prepare for potential changes in strategy.

The briefing will benefit unmanned vehicle manufacturers and subsystems suppliers by discussing emerging trends within the U.S. Highlights of the briefing include spending patterns, program initiatives, and competitive trends for the U.S. unmanned air, ground, and maritime vehicles markets.

"The U.S. unmanned systems market has witnessed staggering growth over the last five years, driven by the high levels of violence in Iraq," states Frost & Sullivan Research Analyst Lindsay Voss. "In coming years, this dynamic market will undergo diverse technological changes and cater to an expanding customer base. As new opportunities for vertical market penetration emerge, unmanned systems are expected to see continued market growth despite a potential slowdown in DoD spending."

To participate in the briefing, please email Stephanie Ochoa, Corporate Communications, at stephanie.ochoa@frost.com with the following information: your full name, title, company name, company telephone number, company email address, city, state and country. Upon receipt of the above information, a registration link will be emailed to you. You may also register to receive a recorded version of the briefing at anytime by submitting the aforementioned contact details.

Frost & Sullivan, the Growth Partnership Company, partners with clients to accelerate their growth. The company's TEAM Research, Growth Consulting and Growth Team Membership empower clients to create a growth-focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information about Frost & Sullivan's Growth Partnerships, visit www.frost.com.

Frost & Sullivan
Stephanie Ochoa, 210-247-2421
Corporate Communications - North America
F: 210-348-1003
E: stephanie.ochoa@frost.com
www.frost.com


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