EU, Asia to Spend Big on Drones to Catch Up With US

Image: EU, Asia to Spend Big on Drones to Catch Up With US Northrop Grumman Global Hawk drone

Tuesday, 29 Apr 2014 07:20 AM

By Elliot Jager

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
The United States will continue to be the largest user and main provider of unmanned aerial vehicles in the coming decade, The Washington Times reported.

European and Asian countries are under domestic business pressure to catch up. As they do, the percentage of European spending on drone development will increase relative to that of the United States, according to a study by Forecast International, which consults for the aerospace and defense industries, the Times reported.

The United States will spend roughly $11 billion on research and development out of a projected $28.7 billion in worldwide investment over the next 10 years, the study estimated, according to the Times.

The Pentagon's main supplier of military drones, Northrop Grumman, projects continued production worth $2.58 billion, according to Forecast International.

Europe is expected to spend some $5.2 billion on drone development. China, Japan, South Korea, Indonesia, and Thailand will spend even more, closer to $7.7 billion. The Chinese, who already have more than 1,560 military drones, continue to invest heavily in unmanned aircraft systems, said Larry Dickerson, national security analyst at Forecast International, the Times reported.

Neighboring countries are worried about China's intentions, he said.

South Korea is working on "suicide drones" that can be detonated after passing through enemy airspace and reaching their target, the Times reported.

Other countries, including Japan, are interested in non-military industrial-use unmanned helicopters. Taiwan's program is constrained by difficulties in getting hold of technologies from abroad, according to the study.

While the U.S. fleet becomes more sophisticated, America's military lead will likely narrow as more countries spend to build up their drone capabilities, the Times reported.

"The U.S. market will experience a cooling and eventually settle at a lower level of activity – but one that is still far higher than it was prior to 2001," according to the Forecast International study.

Related Stories:

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Obama Plan Would Let Young Hondurans Enter US as Refugees

Thursday, 24 Jul 2014 23:24 PM

The Obama administration is considering a two-year, $47 million pilot program that would screen children and young adult . . .

US Army War College to Launch Plagiarism Probe on Senator's Thesis

Thursday, 24 Jul 2014 21:36 PM

The political hole deepens for beleaguered U.S. Sen. John Walsh of Montana, a Democrat who is running for re-election a . . .

Honduran President: US Policy Partly to Blame for Border Crisis

Thursday, 24 Jul 2014 21:10 PM

The president of Honduras lays part of the blame for the border crisis on an unclear immigration policy of the United St . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved