Since January 2019, CACI has completed nine acquisitions valued at more than $1.9 billion. Acquisitions remain the company’s highest priority for capital deployment. The recent acquisition of Six3Systems enables the company to offer more complex solutions in areas such as signals intelligence, precious geo-location services.

Starlink and OneWeb satellites continue to be launched in large batches. During January-March alone, 369 Starlinks and 34 OneWebs were launched to low Earth orbits. In 2021, a total 989 Starlinks and 284 OneWebs went up. So far, these are the two “mega-constellation” programs that are leading the way to an era of cheap and ultra-fast Internet access for just about everybody on the planet. Thousands of Starlinks and hundreds or OneWebs will be launched over the next few years.

The battle for the consumer drone manufacturing market is over, with China’s DJI Innovations dominating the market. Even DJI has tacitly acknowledged the consumer market has become mature, as evidenced by its move into higher level, more sophisticated systems.

On the other hand, the markets in commercial drone manufacturing, services and analysis are still up for grabs. This middle market, ranging from prosumer units to lower-end MALE systems, stands to enjoy the most significant growth in our forecast period, particularly as regulations evolve to permit their use in more countries and roles. US, European, and Asian companies are battling worldwide for positions in systems and services to address this market.

Teal Group’s Naval Surface Ship Radar & C4I Systems funding forecast for major large-ship radar programs will truly be huge for military electronics programs – even compared to F-35 Joint Strike Fighter (JSF) programs. Teal Group forecasts the naval radar market for large ships – one of the biggest electronics markets ever – to be worth $31.1 billion for Raytheon’s AN/SPY-6(V) AMDR & EASR & DBR Radar & C4I Systems over the next ten years, and $24.4 billion for Lockheed Martin’s AN/SPY-1(V) & SPY-7(V) & Aegis BMD Systems, with Teal Group’s new and still undetermined Future SPY-1 Replacement/Upgrade program to be worth another $5.0 billion (and forecast to ramp up all decade and still be increasing in 2030).