The main goal of the defense industry is to develop and manufacture products that further the protection of a country. These products are typically very expensive and specialized, and manufacturers will often contract with the military to produce them. American defense firms produce most of the world’s weapons, from fighter jets to combat ships and hypersonic missiles.
The defense industry as it exists today first started with the use of airplanes and various vehicles in battle during World War I and II. Manufacturers started producing war goods and many continued after the war was over. Since that time, new threats have become evident, with terrorism spurring the development of the defense industry. An increased focus on strengthening the military is expected to continue throughout 2019.
Development of New Threats
Research and development are critical to the defense industry due to old and new threats, including chemical and biological warfare, cyber-attacks, as well as physical attacks. Military strategies have to adapt and evolve to keep up. Developing and using new technology is critical and diverse, as the defense industry has to cover air, sea, and land and respond to all kinds of attacks.
Operating in the Defense Industry
Companies operating in the defense industry range from small companies that provide specialist support for a specific technology to large multinational companies and suppliers that develop and supply components to larger companies.
For example, ARC Systems is an electric motor manufacturer. It supplies custom brushless motors, which are among the most advanced type of motor available. These motors use electronic commutation with state-of-the-art sensors. The company adds critical components to major elements of the nation’s air, ground, and naval defense.
Time And Complexity
The defense sector is constantly changing. To keep up, engineers from different disciplines and backgrounds are looking into new materials and how to integrate them into products. The complexity of products requires a lot of careful development and design, which takes time.
A piece of avionic equipment, for example, might take more than a year to develop and a naval ship or aircraft will take much, much longer. Components supplied to the defense industry must be precision-engineered and use strong materials that can endure the demanding conditions in the air, on land, and at sea.
Development of New Technologies
The development of new technologies, such as artificial intelligence (AI) and unmanned systems are also shifting the defense industry. AI is already prevalent across new naval technology– navigation, missiles, etc. –and this is increasing.
Defense firms are investing in the development of new generation diesel-electric submarines. Fuel cell technology will enable them to generate power without the need to surface for charging.
Defense Sector Growth
Many factors are combining to drive defense sector growth. Geopolitical trends, such as the expansion of China’s influence, are leading to increased defense spending and accelerated developments. The Whitehouse is pushing increased defense budgets as other countries increase their military spending to counter current and anticipated threats. The implementation of new technologies is also stimulating industry growth as countries work to stay abreast of the present and future.