Year: 2013

Future Focus on Naval Ship Modernization

Most advanced economies in Europe and North America will see static or declining defense budgets over the next decade. For Navies, this means a slowdown and reduction in planned recapitalization efforts of fleet force structures. As older ships receive life extensions and fewer new ships join the fleet, pressure will grow for more maintenance and…

Defense Consolidation

April 2013 As the United States (US) and Europe continue to reduce their respective defense budgets, one can anticipate that major armed forces restructuring efforts (and corresponding adjustments in operational capabilities) that have been underway for the past several years will continue. In order to adapt to this new climate, there is a need for…

Emerging Naval Ship Exporters

Key Take Aways; 1. A number of new naval shipbuilders are entering the naval export market. 2. The shipbuilders are generally coming from emerging economies and are competing with advanced naval shipbuilders worldwide. 3. Naval system houses and equipment manufacturers will need to reach out to these emerging builders to ensure full market coverage for…