Avascent Analytics, with its team of full-time market analysts, maintains a robust 10-year forecast aimed at identifying defense market trends and opportunities before they arise. Using its defense spending database – colloquially referred to as “050” – Avascent Analytics tracks and analyzes historical defense spending in more than 46 countries to forecast purchases based on threats, budget constraints, and force structure.
Just recently, Avascent Analytics correctly predicted sales in Peru and Singapore. In Singapore, Avascent projected a ‘Multipurpose Support Ship’ that would eventually replace the current fleet of 4 Endurance-class LPDs and be in service by 2025. A recent March statement by the Singaporean MoD announced their intention to procure a new class of support ship that would be in service by 2030. In Peru, Avascent projected the purchase of Attack Helicopters to extend the reach of Peruvian forces into difficult terrain. In early January, the Peruvian Ministry of Defense signed a deal with the Russian government for 24 MI-171 SH-P helicopters for exactly that role.
More information about Avascent Analytics can be found online at www.avascent.com. For more information on the 10 Year Forecast, 050, or Avascent Analytics’ other product offerings, please feel free to contact us at firstname.lastname@example.org.