December 03 - 05, 2019
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Reports

Global Armored Vehicles Market Report 2019

Global Armored Vehicles Market Report 2019

The globally changing strategic context surrounding the armored vehicles and related equipment market has made it even more wide-ranging, seeing a significant increase in UGVs, artificial intelligence, virtual training and survivability equipment. This growing market is expected to reach US$31.26 Billion by 2021, driven by increasing armed conflicts, terrorism among others.

The 2019 edition of the Global Armored Vehicles Market Report outlines key programs across the globe, future requirements and current holdings.

Download the full report for further information.

2019 Progress Update: The Latest NGCV Modernization & Acquisition Developments

2019 Progress Update: The Latest NGCV Modernization & Acquisition Developments

We created a 2019 progress update on the latest NGCV modernization and acquisition developments. As well as a breakdown of:

  • The latest news in artificial intelligence, active protection systems, and robotics
  • Modernization & procurement highlights from the DoD's FY19 budget
  • Recently awarded & active NGCV opportunities


The U.S. Army's Modernization Priorities - Latest Developments

The U.S. Army's Modernization Priorities - Latest Developments

Download the report for insights on:


·     How artificial intelligence will increase the Army’s lethality and response time

·     The $200 million contract award for Rafael Advanced Defense Systems Ltd. and Leonardo DRS Inc. to provide Trophy active protection systems for Abrams tanks in both the Army and the Marine Corps

·     The research by military and academic partners to teach autonomous robots to navigate in unfamiliar terrain by demonstration

·     The $2.65 billion upgrade of M-1 Abrams tanks

·     The $1.96 billion procurement of 5,113 JLTV

·     The $828.4 million Armored Multi-Purpose Vehicles program 

·     The $265.7 million program for the procurement of 30 Amphibious Combat Vehicles 

2020 PROGRESS UPDATE: NGCV Program Updates, Budget Highlights & Future Outlook

2020 PROGRESS UPDATE: NGCV Program Updates, Budget Highlights & Future Outlook

In October 2017, the Acting Secretary of the Army and Chief of Staff of the Army established six Army modernization priorities to focus future investments. Number 2 on the list? The development of the Next Generation Combat Vehicle.

Since then, the U.S. Army has made significant strides towards achieving their goal of creating a fleet of vehicles that “deliver decisive lethality with manned and unmanned teaming as part of a combined arms team in the future operating environment.” In 2019, the U.S. Army successfully tested their initial Mission Enabling Technologies Demonstrator (MET-D) and Robotic Combat Vehicle (RCV) capabilities. They also began releasing the first in a series of RFPs for the development of the RCV-Light, RCV-Medium and the Optionally Manned Fighting Vehicle (OMFV).

However, this is just the tip of the iceberg. In 2020, the army is slated to live-fire test of their RCVs next spring at Fort Carson, Colorado before conducting more extensive testing with an infantry unit in Europe. After that, the next known test will take place sometime in late 2021 wherein 6 MET-Ds and 4 M113 RCVs, along with 4 light and medium RCVs will conduct company-level maneuvers. A third phase will take place in 2023, which will involve 6 MET-Ds and 4 M113 RCVs, along with 4 medium and heavy RCVs. Ultimately, the service aims to equip the first unit with robotic combat vehicles by 2026.

As for 2020 investments, out of a total DoD budget of $191.4 billion, $14.6 billion will be devoted to the development and procurement of ground combat systems. This includes the purchase of over 6,402 new combat vehicles, a multitude of modernization efforts and the development of 4 new RCVs. DOWNLOAD this mega-infographic to learn more about where specifically the money if going and how these investments are driving the U.S. Army’s long-term combat vehicle modernization strategy.