Global Defense Logistics Market 2018-2022
About Defense Logistics
Defense logistics involves planning, processing, and controlling the physical flow of essential goods from the origin to military bases or from one military base to another, in a cost-efficient way. In addition, it includes the storage and maintenance of both sensitive and non-sensitive military equipment.
Technavio’s analysts forecast the Global Defense Logistics Market to grow at a CAGR of 1.66% during the period 2018-2022.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Defense Logistics Market 2018-2022
Technavio recognizes the following companies as the key players in the Global Defense Logistics Market 2018-2022: AECOM, BAE Systems, Crowley Maritime, DynCorp International, and Lockheed Martin.
Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the preference for collaborative logistics approach.”
According to the report, one driver influencing this market is the rising global military spending.
Further, the report states that one challenge affecting this market is the threats due to supply chain complexities.
AECOM, BAE Systems, Crowley Maritime, DynCorp International, and Lockheed Martin.