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Technology Stocks : Spectrum Signal Processing (SSPI)

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From: dvdw©11/28/2004 5:15:38 PM
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U.S. military creating a multibillion dollar software- defined radio industry
Experts at Venture Development Corp. (VDC) in Natick, Mass., say the U.S. military almost all by itself is creating a market for Software Defined Radio (SDR). The U.S. military, VDC points out, is the largest proponent and purchaser of SDR technology. In fact, shipments of SDR equipment to the United States military are forecast to reach more than $1.7 billion by 2007. This represents a compound annual growth rate of 48.4 percent between 2003 and 2007, VDC researchers say. Most U.S. SDR procurement takes place through the Department of Defense’s Joint Tactical Radio System (JTRS) program. JTRS was started seven years ago in an effort to coordinate the replacement of approximately 750,000 U.S. military radios with 250,000 to 320,000 software-defined radios. Unlike previous radio systems, these new SDR radios can interoperate with each other and be upgraded via software to incorporate the latest communications technologies. Since its conception the program has been expanded to enable interoperability with the British military, NATO, and other Allied Forces. For more information go online to www.vdc-corp.com/telecom/reports/04/br04-02.html.
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