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G2 Solutions Issues Air-Sea Battle Spending Forecast

Procurement, R&D figures included in study

G2 Solutions has released a new report that predicts the U.S. Air Force and Navy will spend $524.5 billion combined through 2023 on an operational concept known as Air-Sea Battle.

The Air-Sea Battle FY2014: Concepts, Key Programs and Forecast report examined the Navy and Air Force’s procurement and RDT&E budgets for the fiscal year 2014 and picked 191 programs for the Air-sea Battle analysis through 2023, G2 Solutions said Thursday.

“For FY 2014 we noted an increase of $31 billion in FY 2014 spending versus FY 2012, and an increase of 34 applicable programs,” said Ron Stearns, G2 Solutions research director.

The report projects the F-35 program to account for $73.7 billion in funding through 2018 and aircraft procurement to represent 52.4 percent of total spending among other programs such as naval, space, munitions, communications collection and electronic warfare and propulsion and directed energy.

The research also presents market shares for Northrop Grumman, Boeing, Lockheed Martin, Raytheon and other companies.

More Stories By Tim Watson

Tim Watson supervises all media production at Executive Mosaic, a digital media company that provides insight, information and analysis on several industries, including government contracting.

He previously produced byline coverage with the economics team at USA Today and evaluated lending proposals for the Overseas Private Investment Corporation.

Tim was born and raised in Washington, DC and holds a bachelor’s degree in Business-Journalism from Washington and Lee University and a certificate in budgeting and finance from Georgetown University's School of Continuing Professional Education.