The Military Satellite Market – On A Steady, Evolutionary Path
The military satellite market is far from stagnant and according to analysts will continue to grow at an expected compound annual growth rate of 5.6%. Satellites play an important role for militaries providing intelligence gathering, communication, and navigation services. They are essential in delivering real-time data of troop movements and weaponry, tracking enemy incursion, and transferring high-bandwidth communication. Secure and efficient communications are a priority for militaries and C4ISR (Command, Control, Communications, Computers, Intelligence, Surveillance, and Reconnaissance) systems are being strengthened to provide better global coverage.
Photo Credit: Yu Nakajima/Kyodo News via AP