Search, Detection, Navigation & Guidance System Manufacturing
Competitive Landscape
Demand depends on discretionary consumer income, general economic conditions, and federal budgets for defense and homeland security. Large companies have advantages in purchasing power, manufacturing volume, and distribution efficiencies. Small companies compete by offering specialized products and subcontract manufacturing to larger system integrators. The industry is capital-intensive: average annual revenue per worker is about $360,000.
Opportunities
Export Markets - Exports represent a growing opportunity for US manufacturers. Most industry technology advances occur in the US, and government restrictions on exports of this technology have...
Business Challenges
Dependence on Federal Budgets - The Departments of Defense and Homeland Security use navigation, search, and detection systems extensively. Government purchases account for a large percentage of industry revenues. Major...