The Strategy Analytics Advanced Defense Systems (ADS) service report, “Electronic Component Demand Scenarios for the Lockheed Martin F-22,” concludes that there is a strong case for continued production of the F-22 beyond 2011 and extended through to 2020. Strategy Analytics believes that failure to do so will translate to lost revenues for the defense industry to the tune of $20 B, including $1.9 B of electronic component revenues.
This study provides in-depth analysis of the development and technologies used in the Lockheed Martin F-22 Raptor. By detailing historical developments, key systems and operational service, and based on extensive experience covering enabling technologies, Strategy Analytics provides estimates on the market for advanced electronics used in F-22 systems.
According to Stephen Entwistle, Vice President of the Strategic Technologies Practice at Strategy Analytics, “The F-22 is a generation ahead of any comparable fighter, based on its
• Advanced radar;
• Communications;
• EW; and
• Weapon systems.”
“Strategy Analytics acknowledges the increased importance of focusing on platforms targeting ISR (intelligence, surveillance and reconnaissance) duties, but stopping the F-22 production line in 2011 is a short-term solution to budgetary requirements,” notes Asif Anwar, Principal Analyst on the ADS service. “Our analysis shows the potential loss in defense industry revenues will run into billions of dollars--this is also without considering the strategic advantages offered by the platform.”