US Missile Defense Growth Opportunities, FY2024-FY2029

Aerospace, Defence and Security US Missile Defense Growth Opportunities, FY2024-FY2029

The Global Conflict Landscape Ensures Long-term Acquisition Programs

SECTOR
Defense

RELEASE DATE
27-Nov-2024
REGION
Global
DELIVERABLE TYPE
Market Research

RESEARCH CODE
KAA0-01-00-00-00
SKU
AE_2024_1159
Yes
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US Missile Defense Growth Opportunities, FY2024-FY2029
Published on: 27-Nov-2024 | SKU: AE_2024_1159

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In this study, Frost & Sullivan overviews the US Department of Defense’s missile defense spending between FY2023 and FY2029. The study outlines the department’s funding distribution among military branches, budget activity titles, and a forecast with future spending estimates.
It also highlights the trends, challenges, drivers, and restraints the DoD and industry partners may encounter. Finally, the study highlights some short- and long-term growth opportunities.

Missile acquisition and modernization programs will ensure stable spending from FY2023 to FY2029, fostering strong business ties between the US DoD and the industry. Rising global tensions, particularly advancements by China, Iran, and North Korea in hypersonic and ballistic missile technology, further drive US defense investments to counter these potential threats.

However, US defense budget constraints can delay new system deployments. With much of the DoD’s budget focused on healthcare and payroll, its purchasing power for missile systems is limited. In addition, the missile defense industry depends on semiconductors, a market dominated by China, potentially limiting microelectronics supply for the next 5 years.

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top 3 Strategic Imperatives on the US Missile Defense Industry

Scope of Analysis

Segmentation

Growth Metrics

Growth Drivers

Growth Restraints

Global Conflict Analysis

Market Trends Analysis

Forecast Considerations

Spending Forecast and Analysis

Spending Forecast and Analysis (continued)

Spending Forecast and Analysis (continued)

Contract Awards Share and Analysis

Notable Programs

Notable Programs (continued)

Notable Programs (continued)

Conclusions and Future Outlook

Growth Opportunity 1: Missile Early Warning Systems

Growth Opportunity 1: Missile Early Warning Systems (continued)

Growth Opportunity 2: Public-Private R&D Partnerships

Growth Opportunity 2: Public-Private R&D Partnerships (continued)

Growth Opportunity 3: Miniaturized Interceptors

Growth Opportunity 3: Miniaturized Interceptors (continued)

Benefits and Impacts of Growth Opportunities

Next Steps

List of Exhibits

Legal Disclaimer


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In this study, Frost & Sullivan overviews the US Department of Defense’s missile defense spending between FY2023 and FY2029. The study outlines the department’s funding distribution among military branches, budget activity titles, and a forecast with future spending estimates. It also highlights the trends, challenges, drivers, and restraints the DoD and industry partners may encounter. Finally, the study highlights some short- and long-term growth opportunities. Missile acquisition and modernization programs will ensure stable spending from FY2023 to FY2029, fostering strong business ties between the US DoD and the industry. Rising global tensions, particularly advancements by China, Iran, and North Korea in hypersonic and ballistic missile technology, further drive US defense investments to counter these potential threats. However, US defense budget constraints can delay new system deployments. With much of the DoD’s budget focused on healthcare and payroll, its purchasing power for missile systems is limited. In addition, the missile defense industry depends on semiconductors, a market dominated by China, potentially limiting microelectronics supply for the next 5 years.
More Information
Deliverable Type Market Research
Author Sol Ipuche
Industries Aerospace, Defence and Security
No Index No
Is Prebook No
Keyword 1 Us Missile Defense Market 2024
Keyword 2 Missile Defense Industry Opportunities
Keyword 3 Missile Defense Technology Trends
Podcast No
Predecessor K47B-01-00-00-00
WIP Number KAA0-01-00-00-00