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US DoD Special Operations Command Budget

  • November 2013
  • 46 pages
  • Frost & Sullivan
Report ID: 1902105

Summary

Table of Contents

Providing Capable Forces and Synchronized Planning

This research service focuses on the US Department of Defense (DoD) special operations command (SOCOM) budget spending. Included in this service are research, development, testing, and evaluation (RDT&E); procurement; operations and maintenance (O&M); and services. Contract activity for the DoD SOCOM for 2012 is also included. The DoD SOC 2014 Budget is comprised of the Army, Navy/Marine Corps, Air Force, and Joint Service spending plans and is included in this study. This study indicates which technology products and services are emphasized in DoD SOCOM budget spending. The base year for financial spending is 2012, and the market forecast is from 2012 to 2018.

Key Findings

• 2014 programs for the United States (US) Department of Defense (DoD) Special Operations Command (SOCOM) total $X million.
• This is a decrease of $X million from 2013 levels.
• SOCOM funding through 2018 has a flat X% compound annual growth rate (CAGR). Mature technologies and proven services will be the focus.
• Operations and maintenance (O&M) is the largest spending category with $Xmillion requested for 2014 with a flat X% CAGR through 2014.
• Much of SOCOM’s individual and team equipment as well as training is provided by the service components that contribute forces. In addition, existing DoD-wide platforms and systems are utilized as much as possible, often with upgrades or modifications.
• Reflecting the dominance of O&M funding, the multi-purpose application area is the largest segment at $X million in 2014 with a X% CAGR through 2014.
• In 2012, SOCOM awarded $X million throughX prime contracts to X companies. Lockheed Martin was the top SOCOM firm with $X million in new prime contracts.
• The top Xfirms had X% of the contract value in 2012. Logistics support, electronic countermeasures, and information technology (IT) support were the leading products and services acquired by SOCOM.

CEO’s Perspective

1. Overall SOCOM spending will be stable, despite overall US government budget pressure.
2. Spending for COTS-based computing, networking, and collaboration tools will increase.
3. Repair, maintenance, logistics, training, and ground mobility vehicles are priorities through 2018.
4. Defense industry consolidation and partnerships with allied nations will accelerate.
5. The technology focus is on incremental size, weight, and power (SwaP) product improvements.

Market Overview

• This research service is an overview of program funding and contract activity for the DoD SOCOM activities.
• The mission of SOCOM is to provide fully capable Special Operations Forces (SOF) to defend the US and its interests.
• SOCOM is also responsible for synchronizing the DoD planning of global operations against terrorist networks.
• Individual military service departments provide most of the equipment, logistics, and training utilized by SOCOM service components. That funding is not included in this research.
• SOCOM service components are:
oArmy special operations command
oNaval special warfare command
oAir Force special operations command
oMarine Corps forces special operations command
oJoint special operations command

Market Definitions

• The research service forecasts do not include classified programs and budgets. A substantial amount of the total SOCOM market information is not accessible to the public.
• Program funding is derived from the DoD 2014 budget request and includes designated portions of overseas contingency operations (OCO) funding. Contract data is based on the 2012 calendar year.
• SOCOM systems inherent in new-build tactical ground vehicles, ships, and aircraft platforms are included if distinctly specified by program, contract, or contract modification.
• Program funding and contract values do not always align year-to-year, due to a combination of administration costs, multiyear contracts, and technology use across segments.
• Program and contract segmentation, with funding forecasts beyond 2014, are made at the analyst’s discretion.

Key Questions This Study Will Answer

What are the areas of growth within the SOCOM market?
What segments, technologies, and services make up the market?
What are the leading drivers and restraints for the DoD SOCOM market?
What are the top programs for the DoD SOCOM market?
What technologies and services will the program budget emphasize?
What companies are leading the SOCOM research, procurement, and services market?

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