Another presenter here at the armor conference was a woman who runs a business consulting company called Vector Strategy Inc. She gave a lightening fast briefing on trends in the armor business, including vehicle armor orders, body armor procurement, vehicle upgrades, new vehicle orders, etc. through like 2015.
Another presenter here at the armor conference was a woman who runs a business consulting company called Vector Strategy Inc. She gave a lightening fast briefing on trends in the armor business, including vehicle armor orders, body armor procurement, vehicle upgrades, new vehicle orders, etc. through like 2015.
It was a fascinating presentation if not delivered at too blistering a pace to really keep up with it, but here are some numbers she came up with:
- The DoD will spend $5.8 billion on armor of all types in 2008
- Fiscal 2007 armor spending was $3.8 billion
- Fiscal 2009 spending is estimated to be around $4.5 billion
- The supplemental accounts for 86% of this year's spending
- Fiscal 2010 will be a "transition year" with as little as $3 billion spent on armoring or as much as $7 billion depending on how the Army decided to configure its new Brigade Combat Teams (infantry or mechanized)
- Fiscal 2011-2013 could see between $2.4 and $2.7 billion spent on armor
- About 1/3 of armor procurement will come from the Pentagon's base budget
- In 2008 15% of the armor funds goes to medium and heavy armored vehicles such as LMTVs and Abrams tanks; 27% goes to MRAPs and 25% goes to combat vehicles such as Strykers and M113 APCs
- In 2008 there will be 43,744 new armored vehicle purchases (including uparmored Humvees) and 12,098 vehicles recapitalized
- Next year will see 29,029 new vehicles with 1,920 recaps
Up next: Key issues facing the future of armor procurement...
-- Christian