Introducing the U.S. Department of Defense Third Offset Strategy Standard Market Taxonomy
The Defense Department’s much-discussed Third Offset Strategy represents more than the $18 billion it has budgeted across the next five years.
In this report, Govini uses a taxonomic approach to benchmark the current vendor landscape and highlights spending trends for Weapon Systems investment.
- Target Tracking is the largest Weapon Systems segment, accounting for 44 percent of overall spending.
- Directed Energy grew by 23 percent in FY15 compared to the previous four-year average.
- Hypersonic Technologies, the smallest segment, saw the most growth of 98 percent.