Industry Analysis & Industry Trends
In the next five years, demand for industry products will likely slow due to the United States' withdrawal from Iraq, reduced government spending on defense and the aftereffects of the economic slowdown. However, ongoing conflicts in Afghanistan and other countries and increased spacecraft development by private companies will keep the industry in orbit... purchase to read more
Industry Report - Industry Analysis Chapter
The Space Vehicle and Missile Manufacturing industry is highly specialized, prone to rapid technological change and heavily influenced by the US government. As such, US government expenditure on defense and space exploration has generally dictated the success of the industry. Other key drivers for the industry over the five years to 2013 have included the wars in Iraq and Afghanistan and the performance of world GDP. Heavy US military activity in Iraq and Afghanistan during the period supported demand for guided missiles. On the other hand, the global economic downturn hampered the growth potential of world GDP, curtailing private investment in space vehicles in the process... purchase to read more