The Military Satellite Market – On A Steady, Evolutionary Path

The military satellite market is far from stagnant and according to analysts will continue to grow at an expected compound annual growth rate of 5.6%. Satellites play an important role for militaries providing intelligence gathering, communication, and navigation services. They are essential in delivering real-time data of troop movements and weaponry, tracking enemy incursion, and transferring high-bandwidth communication. Secure and efficient communications are a priority for militaries and C4ISR (Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance) systems are being strengthened to provide better global coverage.

Written by Sylvia Caravotas (Satovarac Consulting) for OIDA. The full article is available from OIDA.