PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Current Climate of Austerity Poses a Challenge to Defence Suppliers in the UK Naval Market Says Frost & Sullivan - Development of cost-effective solutions is the way forward
Current Climate of Austerity Poses a Challenge to Defence Suppliers in the UK Naval Market Says Frost & Sullivan

 

NewswireToday - /newswire/ - London, United Kingdom, 2011/07/07 - Development of cost-effective solutions is the way forward.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Military/Defense/Homeland Security Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The Strategic Defence and Security Review (SDSR), commissioned by the British Government, intends to make some key decisions, against a backdrop of dwindling budgets. The outcomes of this review will determine the future capabilities and size of the country's defence forces. The key challenge that the government faces is to retain the capabilities of the domestic defence industry, while cutting back on its conventional arsenal.

New analysis from Frost & Sullivan (aerospace.frost.com), Revenue Opportunities and Stakeholder Mapping in the United Kingdom Naval Programs, finds that the current focus in the defence establishment is on developing capabilities for global expeditionary operations with the United Kingdom aspiring to play a leading role in coalition operations. The following segments are covered in the research: C4ISR, naval training and simulation, and unmanned underwater vehicle in the naval defence domain.

"Ongoing major programmes related to aircraft carriers, Type 45 destroyers and astute submarines will sustain revenues during the forecast period," notes Frost & Sullivan Research Analyst Mahendran Arjunraja. "The actual value of the Vanguard submarine replacement programme will be known only after the main gate approval, which is expected in 2016, while procurements for the Type 26 frigate project is expected to happen after 2020."

The United Kingdom has one of the most evolved naval capabilities in Europe and it is anticipated that the Government will make every effort to retain the country's naval superiority. Currently, however, British naval planners are struggling with an acute resource shortage.

This has been compounded by recent engagements in Afghanistan and Iraq. It is believed that the UK Ministry of Defence (MoD) can no longer afford to have budgets that cover both conventional and specialist capabilities, equally.

"The current economic turmoil and the budget deficit have created doubts over future spending commitment," cautions Arjunraja. "Defence suppliers need to adapt to this new climate of austerity by providing cost-effective solutions."

The current military operations of the country are mostly land based. Hence, an opportunity for urgent operational requirements (UOR) in the naval domain is limited.

Promisingly, for market prospects, however, the emphasis on interoperability with allies is increasing. This trend might create more opportunities for domestic defence manufacturers by opening up markets in allied countries. On the other hand, it would also create intensified competition in the domestic market as more and more foreign companies would flood in, seeking to leverage on the potential for revenue growth.

"Absolute cost, sustainability and life time support are the future procurement priorities of the MoD," concludes Arjunraja. "Domestic defence companies would not be able to benefit from economies of scale unless they supplement their order book with foreign sales or innovate in-house."

If you are interested in more information about this study, please send an email with your contact details to Joanna Lewandowska, Corporate Communications, at joanna.lewandowska[.]frost.com.

Revenue Opportunities and Stakeholder Mapping in the United Kingdom Naval Programs is part of the Defence Growth Partnership Services programme, which also includes research in the following markets: Revenue Opportunities and Stakeholder Mapping in the French Land Defence Market, European Homeland Security, European Mass Transit Security Systems Market and, Middle East Mass Transport Security Market. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

Revenue Opportunities and Stakeholder Mapping in the United Kingdom Naval Programs / M66E-16

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Military/Defense/Homeland Security Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Military/Defense/Homeland Security articles,
CATCH Visitors via Your Competitors Announcements!


Current Climate of Austerity Poses a Challenge to Defence Suppliers in the UK Naval Market Says Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Joanna Lewandowska 
+48 22 390 41 46 joanna.lewandowska[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Military/Defense/Homeland Security via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Military/Defense/Homeland Security Most Recent Related Newswires:

GE Showcases Innovative and Efficient Solutions for International Workboat Show
Leonardo - Life Flight Network of US Orders Two Additional AW119Kx Helicopters
DCNS Announces Partnership with Indigenous Defence Consortium
Thales to Upgrade Collins Submarine with Latest Generation Sonar Systems
Leonardo Inaugurates New Maritime Navigation Support Centre At Izmit in Turkey
Leonardo to Exhibit At PMR Expo Following A String of Professional Mobile Radio Successes in 2016
First Royal Navy AW101 Merlin Mk4 Makes its Maiden Flight
Leonardo Wins Contract to Secure the Port of Pointe Noire in the Republic of Congo
Safran’s Sigma 30 Artillery Navigation and Pointing System Wins New Export Contract
Leonardo Demonstrates C-27J Capabilities in Latin America
DCNS/OpenHydro to Partner with PT AIR to Develop Indonesian Tidal Energy Industry
Leonardo's SAGE ESM Enters Service on Indonesian Air Force CN-235 Maritime Patrol Aircraft
DCNS Present At IndoDefence 2016
Leonardo Welcomes Raytheon's Selection of U.S Site to Assemble the Air Force Jet Trainer
New HE-MRO Centre will Support Indian Helicopter Operators

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  BizJobs.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)