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Visiongain: Global Military Smart Weapons Market Worth $22B in 2016

Visiongain: Global Military Smart Weapons Market Worth $22B in 2016 - top government contractors - best government contracting event
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market researchVisiongain predicts in a new report that the global military smart weapons market will hit $22.32 billion in 2016.

The report examines the market’s competitive landscape and identifies potential business opportunities, Visiongain said Monday.

Visiongain also analyzes potential developments in the following five submarkets within the military smart weapons sector over the next 10 years:

  • Radar-guided military smart weapons
  • GPS/INS-guided military smart weapons
  • Infrared-guided military smart weapons
  • Laser-guided military smart weapons
  • Other-guided military smart weapons

The report identified the following as key players in the market:

  • Boeing
  • Denel SOC
  • Kongsberg
  • Lockheed Martin
  • MBDA
  • Orbital ATK
  • Raytheon
  • Textron
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Written by Jay Clemens

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