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Business/Financial

Projection Sees $30.6 Billion Military Satellites Market Over Decade

DDN

Monday, August 11th, 2008

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Armed forces across the globe will spend $30.6 billion to acquire 95 military satellites over the next 10 years, according to a projection by Forecast International (FI), a Newtown, Conn., firm. The majority of this bonanza will come from the Pentagon. Satellites to be developed and procured with this funding will range in size from large military satcoms such as the Wideband Global Satcom and Advanced EHF to the relatively small ELISA electronic intelligence satellite, according to FI. Entitled"The Market…

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