Business Research Of Sonobuoy: Scope And Opportunities Analysis 2019 - 2027
Sonobuoy is a portable SONAR system (SOund NAvigation and Ranging). When a Sonobuoy is dropped from an aircraft or ship, it aids in detection of submarines and conducting underwater research. Thus, it relies on sound waves to detect/locate objects in a particular region. Sonobuoy Market – Competitive Landscape The Sonobuoy market is dominated by leading players that have presence and operations across the world. These players are focusing on acquisitions and new product launches to stay ahead of the competition. In May 2019, Harris Corp showcased its pylon-mounted Sonobuoy dispenser model at the International Maritime Defense Exhibition & Conference (IMDEX) 2019 In October 2018, Thales Group announced that it is working on a new Sonobuoy system called the Sono-Flash that combines both active and passive modes in a single buoy. In 2018, the US Navy awarded US$39.6 Mn to ERAPSCO, an Ultra Electronics Holdings and Sparton Corporation joint venture for Sonobuoy manufacturin...