While the US government will cut funding on tank and armored vehicle manufacturing in the coming years, demand from foreign governments will help offset a major decline. Over the next five years, however, revenue will shrink marginally as several factors cut into growth. In particular, the army is set to cut its procurement budget for industry items, resulting in lower demand.
This US industry manufactures complete military armored vehicles, combat tanks and specialized components for combat tanks, including self-propelled weapons.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.