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Strat Aero Plc Director Russell Peck discusses USAF $3b dollar drone plan

Strat Aero Plc (LON:AERO)  Director of Worldwide Inspection Services Russell Peck discusses the USAF’s 3 billion dollar plan to increase drones and double pilots. Russell explains how this could be good for Strat Aero.

 

 

Strat Aero plc is a multi-divisional international aerospace services company, focussed primarily on the provision of complete client solutions in the Unmanned Aerial System (‘UAS’ market), which is predicted to show exponential growth over the coming decade.  Civilian, law enforcement and military applications in UASs are expected to be a dynamic growth sector in the aerospace industry over the next 10 years with the UAS market forecast to grow to more than US$82.1 billion between 2015 and 2025 (AUVSI Economic Report 2013) and the global airborne Intelligence, Surveillance and Reconnaissance (‘ISR’) market estimated to grow to US$19.23 billion by 2023.  The Strat Aero mission statement states : With the advent of UAVs and the near exponential growth anticipated in this area, ensuring you remain at the forefront of the sector has never been so vital for many government agencies and businesses globally. In response to this critical need for high quality aerospace and aviation services, consultancy and software, Strat Aero is focussed on becoming a fully integrated global solutions provider focused within the rapidly growing UAV market.

 

Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.