17 May 2019
Visiongain has launched a new defence report Performance Based Logistics (PBL) Technologies in the Defence Industry 2019-2029: Market Forecasts by Component (Airforce, Army, Navy), by Platform (Aircraft and Drones, Electronics and Communications, Land Vehicles, Missiles and Space Systems, Weapons and Ammunitions, Facilities and Construction, and Other Products and Services), Plus Analysis of Leading.
Visiongain has determined that the performance-based logistics (PBL) market will reach $1.98bn in 2019.
Performance-based logistics (PBL), also known as performance-based life-cycle product support or performance-based contracting is a strategy for cost-effective weapon system support. Performance based logistics is a long-term arrangement to optimise the readiness and performance objectives of weapon systems, it is a mechanism to manage and sustain military assets – from individual parts to entire weapon systems – by giving full visibility of the availability and necessary logistic processes for each element of the asset in question. The core objective is to increase performance and the availability of military capability for the Armed Forces.
The Visiongain analyst commented that "Performance based logistics helps in implementing Automated Identification Technology to improve asset visibility. It reduces government expense by using contracted integrated technical information. It assists diagnostics and prognostics which reduces the predictability of failures. But providing PBL up-front reduces a commander’s flexibility regardless of precedence for weapon system sustainment."
Leading companies featured in the report who are providing performance based logistics solutions includes Boeing, Collins Aerospace, Dayton Aerospace, Dayton T. Brown, Inc., General Dynamics, IFS AB, ISO Group, L3 Technologies, Lockheed Martin Corporation, Northrop Grumman, Textron Inc., Thales.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to email@example.com or call her on +44 (0) 207 336 6100.
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.
Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
Riflescopes currently are based on advanced optics and there are optics program that are working on digitalization and computerization of optics. For instance, current hunting scopes have the capability to be calibrated to specific calibres which can calculate the bullet’s arced trajectory and can be with integrated laser range finders which display the range to the target on the inside of the scope’s objective lens.
28 May 2020
The Market is estimated to be worth $1,583.1 million in 2020 and is expected to record favourable growth rates. There are more than 50,000 military aircraft in service around the globe, out of which the largest share is held by the US with around 13,000 aircraft in service .In spite of the major cuts in the defence budgets of developed economies in the past years, spending is expected to increase in the coming years owing to the rising international tensions.
11 May 2020
The global unmanned surface vehicle market was valued at US$645 million in 2019 and is expected to surpass US$2,020.8 million by 2030 (post COVID-19) while growing at a CAGR of over 11% over 2020-2030. Increasing demand for water quality monitoring and ocean data mapping along with growing need to enhance maritime security are key factors driving the growth of the global unmanned surface vehicle market.
07 May 2020
Technological advancements in automatic weapons, rise in military expenditures especially of major economies, ongoing military modernization programs worldwide, growing need for artillery systems by defence forces and increasing adoption rate of Tas-supported equipment by defence forces are some of the key factors which will positively impact the market.