“We must ensure that our courageous servicemen and women have the tools they need to deter war and, when called upon to fight in our name, only do one thing: win.” That was President Trump during his first speech to Congress in February. He followed up these words with a proposal to boost military spending by $54 billion next year. The increase is an effort to revitalize and shore up the nation’s armed forces. The budget would put the United States military budget at an estimated $639 billion, which would dwarf China, Russia and Britain. In fact, the United States spends more on its military than the next seven highest spenders worldwide. The reason for this gargantuan budget, in a time where conflicts are waning, is because of the United States’ global presence. While the U.S. military currently has over 200,000 active troops deployed in over 170 countries, the Department of Defense projects that the active duty end strength in the armed forces for 2017 to be 1,281,900 people, with an additional 801,200 people in the seven reserve components. One aspect of the increased budget would bolster deployments and stock troops with more advanced weaponry and supplies.
In effect, increased military spending can fuel defense research and promote new technology. As new technology and defense solutions improve, one aspect of the terrain will remain unchanged: the need for a reliable power supply. The core of every military operation is its power supply. Mission critical systems necessitate rugged high performance power platforms that will function and withstand the unforgiving environments in which our troops are called to serve. One company in this field that has an exciting new trajectory is Digital Power Corporation (NYSE Mkt:DPW). The California-based company develops a wide range of tough power supplies engineered for combat environments that meet numerous MIL-STD requirements.
Digital Power designs and manufactures best in class AC/DC or DC/DC power solutions from 20W to 80kW including but not limited to:
Full custom power solutions
Military Grade Uninterruptible Power Supplies (UPS)
Static Frequency Converters (SFC)
Transformer Rectifier Units (TRU)
AC-DC power switchers
Distributed power front-end power supplies
Isolated power bricks
These products can work in a variety of sectors, primarily Health Care, Industrial and Telecommunications, Aerospace, as well as Defense, Automotive and Utilities. But recent developments at the company indicates that the potential applications of Digital Power’s technology to be much greater, and could provide the company opportunities to enter new markets to expand.