Courtesy of Raytheon Co.

Growth Seen for Air and Missile Defense Markets

April 26, 2017
A market study projects strong growth through 2027 in air and missile defense systems.

According to a 210-page market study from Visiongain, “Air and Missile Defence System Market Forecast 2017-2027,” the global market for air and missile defense systems is expected to remain strong for the next decade. The study, which projects a global market of $12.4 billion USD in 2017, breaks the market into different segments. These include long-, medium-, and short-range missiles, in addition to land-, air-, and sea-based systems.

The report features 275 tables, charts, and graphs to provide detailed information on the bases for its projections, with data on all regional and national markets. Included are North America, Europe, India, and the Asia-Pacific area. The study provides a summary of companies representing a “who’s-who” of leading defense contractors, such as BAE Systems, Boeing, General Dynamics Corp., Honeywell, L-3 Communications, Lockheed Martin Corp., Northrop Grumman Corp., and Raytheon Co.

About the Author

Jack Browne | Technical Contributor

Jack Browne, Technical Contributor, has worked in technical publishing for over 30 years. He managed the content and production of three technical journals while at the American Institute of Physics, including Medical Physics and the Journal of Vacuum Science & Technology. He has been a Publisher and Editor for Penton Media, started the firm’s Wireless Symposium & Exhibition trade show in 1993, and currently serves as Technical Contributor for that company's Microwaves & RF magazine. Browne, who holds a BS in Mathematics from City College of New York and BA degrees in English and Philosophy from Fordham University, is a member of the IEEE.

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