U.S PRECISION-GUIDED MUNITION MARKET

INTRODUCTION

A precision-guided munition (PGM, smart weapon, smart munition, or smart bomb) is a guided munition that is designed to hit a specific target with pinpoint accuracy, minimising collateral damage and increasing lethality against the intended target.

With the introduction of precision-guided weapons, older, low-tech bombs were renamed "unguided bombs," "dumb bombs," or "iron bombs."

U.S PRECISION-GUIDED MUNITION MARKET SIZE AND FORECAST

The U.S Precision-Guided Munition Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

U.S PRECISION-GUIDED MUNITION MARKET DYNAMICS

BAE Systems and Leonardo have announced a collaboration to develop new precision-guided solutions that would provide a spectrum of low-risk, cost-effective enhanced munitions for advanced, large-calibre weapon systems to US and allied military forces.

The two businesses plan to provide new versions of Leonardo's Vulcano munitions, which outperform currently existing precision-guided projectiles, in a range of gun systems, including BAE Systems' Advanced Cannon System (AGS) and the Mk 45 naval gun.

The AGS is now on board the Zumwalt class of destroyers in the United States Navy, and the Mk 45 is widely utilised by the Navy and allies.

The guidance system for the JDAM was developed in collaboration between the US Air Force and the US Navy, hence the "joint" in JDAM.

The Joint Direct Attack Munition (JDAM) is an all-weather precision-guided munitions guidance package that converts unguided bombs, or "dumb bombs," into all-weather precision-guided munitions.

An integrated inertial guidance system coupled with a Global Positioning System (GPS) receiver guides JDAM-equipped bombs, giving them a range of up to 15 nautical miles (28 km).

U.S PRECISION-GUIDED MUNITION MARKET COMPANY PROFILES

• Dynetics Inc
• Denel Dynamics
• Roketsan A.S
• General Dynamics Corporation 
• Lockheed Martin Corporation
• BAE Systems
• Rafael Advanced Defense Systems Ltd
• Raytheon Technologies Corporation

THIS U.S PRECISION-GUIDED MUNITION MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perU.S Precision-Guided Munition Industryright now and how will it change in the next 5-6 years?
2. Average cost to set up aPrecision-Guided Munition Marketin the U.S?
3. How manyU.S Precision-Guided Munition Industryare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aU.S Precision-Guided Munition Industryand key vendor selection criteria
6. Where is theU.S Precision-Guided Munition Industrymanufactured? What is the average margin per equipment?
7. Market share ofU.S Precision-Guided Munition Industrymanufacturers and their upcoming products
8. The most important planned U.S Precision-Guided Munition Industryin next 2 years
9. Details on network of majorU.S Precision-Guided Munition Industryand pricing plans
10. Cost advantage for OEMs who manufactureU.S Precision-Guided Munition Marketin-house
11. 5 key predictions for next 5 years inU.S Precision-Guided Munition Market
12. Average B-2-BU.S Precision-Guided Munition Marketprice in all segments
13. Latest trends inU.S Precision-Guided Munition Market, by every market segment
14. The market size (both volume and value) of the U.SPrecision-Guided Munition Marketin 2024-2030 and every year in between?
15. Global production breakup ofU.S Precision-Guided Munition Market, by suppliers and their OEM relationship