Precision Guided Munition Market Competitive Landscape, & SWOT Analysis

1. Precision Guided Munition Market Competitive Landscape, SWOT Analysis, Key Business Strategies & Forecast

2. Scope of The Report And More…

3. Recent Development In February 2019, BAE Systems received a contract worth USD 114.5 mill ion from the US Navy to modernize the guided-missile destroyer, USS Bul keley (DDG 84) in its Norfolk shipyard. In February 2019, IAI launched Mini Harpy, a newly-developed loitering m unition for the first time at Aero India Exhibition in Bangalore, India. The M ini Harpy is a tactical system designed for field or marine units. It can be l aunched from land, marine, and airborne platforms. In January 2019, Javelin, a joint venture company, formed by Raytheon a nd Lockheed Martin, was awarded a production contract for 2,100 F-Mod el (FGM-148F) missiles, following a successful and rigorous system qualif ication test program that included 21 successful flight tests. • • •

4. Key Segments The precision guided munition market is projected to grow from USD 30.0 b illion in 2019 to USD 47.5 billion by 2025, at a CAGR of 8.0% from 2019 to 202 5. 1 The increasing need for highly precise strike munition, rising asym metric warfare, geopolitical conflicts, and military modernization pro grams, among others, are some of the factors fueling the growth of precision guided munition market. 2 3 Browse 152 market data Tables and 54 Figures spread through 188 Pages and in-depth TOC on "Precision Guided Munition Market - Gl obal Forecast to 2025" Growing military modernization programs and increasing demand for precision guided munitions are key factors fueling the growth of the pr ecision guided munition market across the globe. 4 5 The Asia Pacific precision guided munition market is projected to grow at the highest CAGR during the forecast period.

5. Precision Guided Munitions Market Growth Rate 2025 2019 CAGR of 8% Market Size of $30 Billion Market Size of $47.5 Billion Recent Developments In February 2019, BAE Systems received a contract worth USD 114.5 million from the US Na vy to modernize the guided-missile destroyer, USS Bulkeley (DDG 84) in its Norfolk shipyard. In February 2019, IAI launched Mini Harpy, a newly-developed loitering munition for the first ti me at Aero India Exhibition in Bangalore, India. The Mini Harpy is a tactical system designed f or field or marine units. It can be launched from land, marine, and airborne platforms. In January 2019, Javelin, a joint venture company, formed by Raytheon and Lockheed Martin, was awarded a production contract for 2,100 F-Model (FGM-148F) missiles, following a succe ssful and rigorous system qualification test program that included 21 successful flight tests. • • •

6. Key Vendors Vendors Lockheed Martin Corporation (US) BAE Systems Plc. (UK) Raytheon (US) MBDA (France) Israel Aerospace Industries (Israel) Elbit Systems Ltd. (Israel) Saab AB (Sweden) General Dynamics Corporation (US) • • • • • • • • View Report Here - https://www.marketsandmarkets.com/Market-Reports/precision-g uided-munition-market-109859417.html

7. Top Region.. North America • Europe • Asia Pacific • Middle East • RoW • View Report Here - https://www.marketsandmarkets.com/Market-Reports/precision-guided-munition-market-1 09859417.html

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