United States Defense Training and Simulation Industry Research 2024-2029 - Commercial Technology Scaling and Long-term Contracts will Ensure Program Sustainability
Dublin, June 25, 2024 (GLOBE NEWSWIRE) -- The "Growth Opportunities in the US Defense Training and Simulation Industry, 2024 2029" report has been added to ResearchAndMarkets.com's offering.
In this study, the publisher overviews the United States (US) defense training and simulation industry, highlighting growth drivers, restraints, and opportunities. The study also provides a forecast with future spending estimates and insight into some notable programs. In addition, it analyzes current trends and identifies some companies to watch.
The US Department of Defense's (DoD) budget for FY2024, approved by the US Congress, will be slightly affected by inflation, which will limit spending capacity for training and simulation technology. However, future investment in this area will be guaranteed by long-term programs and multi-year contracts.
Instead of investing in research and development projects to create products from scratch, the DoD frequently relies on readily available commercial training and simulation solutions. This approach allows it to accelerate procurement and delivery of these solutions to military forces.
However, the 2024 presidential election is likely to impact budget negotiations. Depending on which political party wins, defense spending may change, which, in turn, could create uncertainty within the defense training and simulation industry.
Growth Opportunity Universe
Signal and Network Modeling and Simulation - US Air Force
Digital Twins for Maintenance - US Navy
Training Tracker Cloud-based Platform - US Army
AI for Training and Simulation - Joint Agencies
Key Topics Covered:
Growth Environment
Key Questions This Study Will Answer
Analysis Factsheet
Transformation in the US Defense Training and Simulation Industry
Why is it Increasingly Difficult to Grow?
The Strategic Imperative
The Impact of the Top 3 Strategic Imperatives on the US Defense Training and Simulation Industry
Ecosystem
Scope of Analysis
Definitions: Training Types
Definitions: Training Methodologies
Segmentation
Competitive Environment
Key Competitors
Growth Generator
Growth Metrics
Growth Drivers
Growth Driver Analysis
Growth Restraints
Growth Restraint Analysis
Forecast Considerations
Total Spending Forecast
Spending Forecast by Account Title
Spending Forecast by Service
Spending Forecast Analysis
Trend Analysis
Contract Award Share and Analysis
Companies to Watch
Growth Generator: US Air Force
Growth Metrics
Spending Forecast
Spending Forecast by Account Title
Spending Forecast Analysis
Competitive Environment
Notable Programs and Opportunities
Growth Generator: US Navy
Growth Metrics
Spending Forecast
Spending Forecast by Account Title
Spending Forecast Analysis
Competitive Environment
Notable Programs and Opportunities
Growth Generator: US Army
Growth Metrics
Spending Forecast
Spending Forecast by Account Title
Spending Forecast Analysis
Competitive Environment
Notable Programs and Opportunities
Growth Generator: Joint Agencies
Growth Metrics
Spending Forecast
Spending Forecast by Account Title
Spending Forecast Analysis
Competitive Environment
Notable Programs and Opportunities
Best Practices Recognition
For more information about this report visit https://www.researchandmarkets.com/r/8j4nvn
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