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Market Leader - Border Security System Market


The border security system report provides information on the trends of the border security system market along with the complete analysis of the market for the next five years. It also provides an in-depth analysis on the factors that drive and restrain the growth of the border security system market. The geographic segmentation in the border security system report helps to determine the market size in various regions including the North America, Europe, APAC, and the RoW. The North American region comprises the largest share of the total border security system market.

The major players in the border security system market are Lockheed Martin Corporation (U.S.), Raytheon company (U.S.), Northrop Grumman Corporation (U.S.), Thales SA (France), BAE Systems Plc (U.K.), FLIR systems, Inc. (U.S.), and Elbit systems Ltd. (Israel) among others.

Lockheed Martin Corporation is a global security and aerospace company. Lockheed Martin Corporation was founded in 1995 at Maryland, U.S. As of 31st December 2015, the company has approximately 126,000 employees worldwide and serves customers in more than 70 countries across the globe. It has 590+ manufacturing plants located in 50 states in the U.S. Lockheed Martin Corporation specializes in research, design, development, manufacture, and integration of advanced technology systems, related products & services in aerospace, defence, security, and advanced technologies sectors. It also offers a wide range of management, engineering, technical, scientific, logistics, and information services to its clients, globally. The company operates in five segments: Aeronautics, Information Systems & Global Solutions (IS&GS), Missiles and Fire Control (MFC), Mission Systems and Training (MST), and Space Systems. Lockheed Martin Corporation is inclined towards expansion of trade through supply contracts from the major militaries across the world. In October 2015, Lockheed Martin Corporation received a contract from the Ministry of Defence of the Republic of Latvia to develop and deliver three TPS-77 Multi-Role Radars (MRR) for use in air surveillance and to complement the existing radar assets.

Raytheon Company is an international aerospace and defense company. Raytheon Company was founded in 1922 and is headquartered at Massachusetts, U. S. As of 31st December 2014 the company had approximately 61,000 employees working for it. The company develops and manufactures robust engineering technology for government as well as for commercial use. The company operates its business through four segments namely:  integrated defense systems; intelligence, information & services; missile systems; and space & airborne systems. The integrated defense systems segment consists of integrated air and missile defense, radar solutions, naval combat and ship electronic systems, command, control, communications, computers and intelligence solutions, and international and domestic air traffic management systems. One of the most significant strategies adopted by Raytheon Company (U.S.) is to obtain big contracts to continuously expand its business and customer base. The company is best positioned as the U.S. defense contractor. In November 2015, Raytheon company delivered APG-63(V) 3 active electronically scanned array (AESA) radar for the F-15 platform to the U.S. Air Force. In June 2015, Raytheon Company was awarded second increment of the Defense Threat Reduction Agency (DTRA) maritime border security contract by the Republic of the Philippines.

This report provides a detailed insight into the overall border security system market, with detailed segmentations based on environment, systems and geography, combined with the qualitative analysis of the market. The said market has been forecast till 2022.

Related Reports:

Border Security System Market by Environment (Ground, Aerial, Naval), System (Laser, Radar, Camera, Wide Band Wireless Communication, Perimeter Intrusion, Unmanned Vehicles, C2C, Biometric Systems), and Geography - Global Forecast to 2022

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