This report reviews highlights and developments during the third trading quarter of 2024 and the trends that are driving technology development for VITA technology boards and systems.
News that the U.S. Air Force future strategy is moving to disaggregate the purchase of mission systems capability from platform supply highlights the importance of the mission computer with the flexibility of exchangeable plug-in cards to achieve varying mission goals. It may also cause many VITA member companies to consider how this may change their future product offerings and customer relationships.
VITA member companies have published record half-year financial results with an average revenue increase of 14.3% over the same period of the previous year. New contract wins announced in Q2 support this growth going forward and it would seem that much of this growth is coming from recently announced new products.
VITA members working on new standards have been busy on two fronts both in terms of the eagerly anticipated VNX+, an emerging VITA small-form-factor computing standard, and the VITA 100 next-generation plug-in module form factor currently being standardized by VITA as a follow-on to OpenVPX.
Through the collaborative work of these VITA standards committees, the future of military and critical embedded computing is assured.