Teal Group Analysts Forecast Defense Electronics Market Leaders

"Lockheed Martin will lead with $52.5 billion in total funding, based on leadership in C4I (Command, Control, Communications, Computers and Intelligence), and dominant positions in electro-optics (EO) due to airborne fighter and attack helicopter targeting system markets, and in sonar due to A-RCI (Acoustic-Rapid COTS Insertion)," said Teal Group's senior electronics analyst and author of the new manufacturer market shares overview, Dr. David Rockwell.

"They will also hold a solid third in the radar market based on another dominant program, the naval AN/SPY-1 Aegis system," said Rockwell "Lockheed Martin has strengthened its future in many markets where it had previously been a minor player, only recently rising above Northrop Grumman and Raytheon in the overall electronics market future."