Market Research Report
US DoD Budget Assessment, 2020-2024
|Published by||Frost & Sullivan||Product code||539640|
|Published||Content info||70 Pages
Delivery time: 1-2 business days
|US DoD Budget Assessment, 2020-2024|
|Published: June 12, 2019||Content info: 70 Pages||
Building Systems to Counter Near-peer Adversaries and Establish the US Space Force
The fiscal year 2020 Department of Defense (DoD) budget request outlined in this research is the third budget under the Trump administration. The DoD request for 2020 is notably higher than that of 2019 and may encounter opposition from both sides of the political aisle. This research details the defense departments and agency programs requests that offer the best opportunities for companies trying to enter the US defense market. The research includes market drivers and restraints that shed light on some budget numbers and the importance of participating as a primary or subcontractor on a variety of defense projects and programs. The research assists in understanding the government's focus and the services it is likely to require in the future.
This research service focuses on the US DoD spending requests for research, development, test & evaluation (RDT&E), procurement, and operations & maintenance (O&M) categories. The analyst has segmented the budget request by military department, and 20 technology areas, such as aircraft, ships, ground vehicles and command & control, communications, computers, intelligence, surveillance & reconnaissance (C4ISR).
The research also provides information on contract activity for the 2018 calendar year. The contract activity encompasses Army, Navy/Marine Corps, Air Force, and Joint Services contracts awarded, and lists the top 10 US DoD contractors. The base year for DoD budgets is 2018, and the market forecast is estimated from 2019 to 2024.
Research, new purchases, and services for computers, healthcare, and base operations support are included. Classified budget requests are included, but cannot be broken out into technology areas. Budget requests include base, overseas contingency operations (OCO), and emergency categories.
Products and services that are inherent in new-build tactical ground vehicles, ships, and aircraft platforms are included if distinctly specified by program or modification. Program funding and contract values do not always align year-to-year due to administrative costs, multiyear contracts, and technology use across segments. Program and contract segmentation, large multi-year contract assessment, and funding forecasts for 2019 and beyond are made at the analyst's discretion.