The defense industry, including aerospace, is huge and complex. It serves both military and commercial markets. It designs, manufactures, and services everything from commercial planes to jet fighters to single-prop private planes and traffic helicopters, from the space shuttle to mission control software, from radar systems to rocket-guidance systems, from missiles and submarines to aircraft carriers.
Its vast array of products includes tanks, spy satellites, flight simulators, munitions, commercial and private jets, communications satellites, consumer electronics, and (job seekers take note) countless small parts, components, and subsystems. The industry comprises not only the big employers (Boeing, Lockheed Martin, and Raytheon are the big three in aerospace), but also thousands of smaller suppliers—makers of everything from airplane cabinetry to high-tech materials to specialized machine tools for cutting silent submarine propellers.
Today, the industry is significantly smaller than it was in its heyday—and that translates to more competition for fewer jobs. But make no mistake about it: The aerospace and defense industry remains immense.
Companies in the security systems services industry sell, install, and monitor commercial and residential electronic security alarm systems. Major companies include US-based ADT and Johnson Controls, along with G4S (UK), Secom (Japan), and Securitas (Sweden).
Global security services industry revenues total more than $130 billion, according to Statista. Asia (excluding Japan holds the largest share of the market at about 40%, followed by Europe and North America. Emerging markets with rising middle-class populations are expected to see the strongest growth.
The US security systems services industry includes about 7,000 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $22 billion.
THIS PROFILE IS COURTESY OF MILITARY.COM – CLICK HERE FOR MORE ON THIS PROFILE
Sources: www.military.com , https://www.alliedmarketresearch.com , www.vault.com, www.dnb.com
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