Modernization, Transformation and Conceptual Reorientation of Armed Forces
Global risk analysis and worldwide deployments highlight, that Military Business is a potentially profitable and sustainable Business. On another aspect, Military Business is driven by global politics rather then economic situation an thus can be a important and rewarding business during cyclical slowdown. WIMCOM can be a significant enabler for developing this market.
In Western Europe the military spending in 2019 amounts to approximately 266 BN USD (SIPRI) with a growing tendency.
WIMCOM offers expertise in fields like: Digitalization, Artificial Intelligence (AI), Robotics, Additive Manufacturing (3D-Printing), Unmanned (autonomous) Systems (e.g. UAV / UGV), enhancement of human performance (e.g. exoskeletons), Augmented Reality, innovative materials etc. Knowing the R&D processes, WIMCOM is able in supporting placement of projects.
Entering into new markets – Military Business as an opportunity to compensate turnover during cyclical slowdowns in civil markets
European economy seems to be facing a cyclical slowdown in the capital goods market. GDP growth in 2019 is expected to decline from 2.0 (2018) to 1.4. This forces companies to identify alternative markets to compensate losses in turnover.
One solution to this problem could be the development of the Military Business as it is mainly driven by global Defence politics.
For many companies it can be profitable to identify the potential of their products and services in regards to the requirements of Armed Forces, procurement agencies and the Defence Industry, either doing B2M business directly with the public client or as supplier of a prime contractor.
Turnover generated in B2M business can be valuable to compensate for lost sales in other core markets.
WIMCOM supports the entry into the B2M market and points out how new business opportunities can be created or how established Military Business can be expanded.
If you like to know more, feel free to contact us in order to schedule a first informational meeting at no charge.