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Teal Group Forecasts $5 Billion Airborne Infrared Countermeasures Market; BAE Systems and Northrop Grumman to Be Dominant World Suppliers.

Publication: PR Newswire
Publication Date: 02-APR-02
Format: Online
Delivery: Immediate Online Access

Article Excerpt
SANTIAGO, Chile -- Teal Group Corporation today announced completion of its Airborne Infrared Countermeasures (IRCM) Forecast for 2002-2011, during the FIDAE 2002 International Air and Space Show taking place here this week.

"The infrared countermeasures market will almost triple over the next decade, to $700 million annually by 2008, for a total value of $5 billion this decade," said Dr. David Rockwell, senior electronics analyst for Teal Group's Military Electronics Briefing, the 1,500-page monthly-updated competitive intelligence service in which the new forecast will be published. The...

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