Industry & Services >> Analyst Interviews >> June 22, 1998

Investing In The Uav Sector : Katrina Herrick – Frost & Sullivan

KATRINA HERRICK is a Defense/Aerospace Industry Analyst at Frost & Sullivan. Ms. Herrick's works with Frost & Sullivan has involved economic analysis, research, competitive intelligence and trend monitoring of several key defense and aerospace markets. Her most recent efforts have focused on markets for infrared (IR) imaging systems, in which she authored a syndicated market research publication. In addition, she has completed several consulting projects for major companies in the infrared system and detector industry regarding space, missile, land-based and airborne IR imaging markets as well as competitor strategy analysis. Her latest study arises from long-term, intense UAV industry interviewing and market research and is entitled 'World Markets for Military, Civil and Commercial Unmanned Aerial Vehicles: Reconnaissance UAVs and Aerial Targets.' Ms. Herrick's next efforts will involve further research and forecasting of UAV regional and technical market segments as well as missile market research in preparation for her next study. She has also recently written articles and provided UAV market analysis for several defense and aerospace industry publications. Mr. Herrick is a graduate of the Monterey Institute of International Studies in California, where she earned a Master of Arts degree in International Policy. Her studies focused on international economics and trade, data analysis and arms markets/proliferation. Profile
TWST: We're going to talk about unmanned aerial vehicles and the

investment opportunities in that sector, but first of all, will you

define that area? What is a UAV?

Ms. Herrick: It is often