ARLINGTON, VA — Electronic component orders soared in June to their highest point in two years, according to the monthly order index compiled by the Electronic Components Association.

SAN JOSE, CA – The US market for electronic warfare systems is projected to exceed $1.4 billion by 2015, says Global Industry Analysts Inc.

The US is expected to upgrade its aging fleet of combat helicopter and tactical combat-aircraft, which would automatically increase the demand for advanced EW self-protection devices.

Since systems upgrades and modernization programs are less expensive than overall platform replacement, technological advancements are expected to play a key role for enhancing existing systems, according to GIA.

The US defense electronics market is projected to increase significantly, with defense electronics projects and extensive R&D programs expected to be the key drivers.

The industry is forecast to witness huge orders, owing to increasing focus of militaries on EW around the globe. Defense equipment manufacturers are expected to produce thousands of EW systems, such as electronic countermeasure systems, electronic support measure systems, and radar warning receivers. The production rate is expected to rise significantly over a period of 10 years, driven by the increased demand from military forces and the increasing danger across the global waterways.

SAN JOSE – Worldwide sales of semiconductors in May were $24.7 billion, up 47.6% year-over-year, and up 4.5% sequentially.