Defense/Military

The military/defense market is predicted to increase due a variety of reasons.  In the US, there is expected to be an increase in the US defense budget and a greater focus on strengthening the military. In the Middle East, Eastern Europe, North Korea, and the East and South China Seas, there are escalating global tensions which have led to increasing international demand for defense and military products. This, in turn, has resulted in an increased defense spending globally in next generation military equipment.

 With this optimistic positive growth, military manufacturers understand that this is a time for fundamental transformation for this market.

Key Trends to Watch:

• Defense Budget Uncertainty
• New Business Models and Markets
• Demand for Innovative Products/New Technologies

The Military/Defense manufacturers have many complexities to ensure their production runs smoothly. They are under enormous pressure to reduce risks, while optimizing for quality, costs, and compliance. 

Key Areas of Concentration:

• Regulations and Standards
• Quality Management
• Compliance

These markets have some of the toughest compliance regulations in the world. If defense and military products don’t perform as expected, people’s lives can be at risk. Manufacturers have to count on their suppliers to be on the same page and have a comprehensive understanding of all current rules and regulations.

Benefits to the Military/Defense Market:

• Quality Assurance
• Compliance to ISO and Regulatory Requirements
• Standards & Processes
• Dependability
• More…