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Industry Landscape
Total Assets Under Management (AUM)
in
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( CAGR)
Total Addressable Market
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Artificial Intelligence (AI) and Machine Learning
AI and machine learning are being used to enhance threat detection, automate cybersecurity tasks, and improve decision-making in defense systems.
Quantum Computing
Quantum computing has the potential to revolutionize cryptography and break existing encryption algorithms, necessitating the development of quantum-resistant security measures.
Autonomous Systems and Robotics
Advanced autonomous systems are being developed for various applications, including surveillance, reconnaissance, and combat, improving the effectiveness and efficiency of military operations.
Impactful Policy Frameworks
Cybersecurity Maturity Model Certification (CMMC)
The Cybersecurity Maturity Model Certification (CMMC) is a United States Department of Defense (DoD) initiative introduced in 2020 to ensure that defense contractors have adequate cybersecurity practices and processes in place to protect sensitive information.
Compliance with these regulations will require companies to invest in robust cybersecurity measures and incident response plans, increasing costs but also enhancing their ability to protect sensitive data.
Export Control Reform Act (ECRA) of 2018
The Export Control Reform Act (ECRA) of 2018 changed the landscape of export controls by establishing the legal basis for the Export Administration Regulations (EAR) and controls on emerging and foundational technologies.
This policy directly impacts the types of technology that can be sold to certain countries, affecting BAE Systems' international sales and requiring careful monitoring and compliance.
Aviation Cybersecurity Act of 2024
The Aviation Cybersecurity Act of 2024 directs the Administrator of the Transportation Security Administration (TSA) to develop a cybersecurity roadmap for the aviation sector.
These regulations compel aerospace companies to adopt rigorous security protocols, incurring initial costs but ultimately fortifying the resilience and trustworthiness of aviation systems.
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