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Aerospace and Defense Telemetry Market

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<strong>Aerospace</strong> <strong>and</strong> <strong>Defense</strong> <strong>Telemetry</strong> <strong>Market</strong> Research Report - Forecast to 2021<br />

Industry/ Innovation/ Related News:<br />

November, 2017:- It was reported that Raytheon Company signed a contract worth USD 79 million, with the U.S. Navy, to<br />

develop a new advanced telemetry system for their new Range Support Aircraft.<br />

November, 2017:- It was reported that Lockheed Martin signed a contract worth USD 44.1 million, with the U.S. Air Force,<br />

for the development of the telemetry kit to be used for the Joint Air-to-Surface St<strong>and</strong>off Missile (JASSM) flight tests.<br />

<strong>Aerospace</strong> <strong>and</strong> <strong>Defense</strong> <strong>Telemetry</strong> <strong>Market</strong> – Competitive Analysis<br />

The global aerospace <strong>and</strong> defense telemetry market is highly competitive. There exists strong rivalry <strong>and</strong> competition<br />

among existing vendors; in terms of cost, product quality, reliability, <strong>and</strong> market share. To survive <strong>and</strong> succeed in such an<br />

intensely competitive environment, it is crucial for the vendors to provide cost effective <strong>and</strong> high quality products <strong>and</strong><br />

services. The key vendors in the global aerospace <strong>and</strong> defense telemetry market are BAE Systems, Cobham, Honeywell<br />

International, L-3 Communications, <strong>and</strong> Zodiac <strong>Aerospace</strong>.<br />

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