U.S.A Precision-Guided Munitions Market 2025 | Industry Growth, Share 2025: Leading Companies - Space & Security, Harris Corporation, Textron Systems Corporation and AeroVironment, Inc.

US Precision-Guided Munitions Market reached US$ 6.23 billion in 2023 and is expected to reach US$ 9.82 billion by 2031, growing with a CAGR of 5.85% during the forecast period 2024-2031

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Key Development:

United States: Recent Industry Developments

✅ In November 2025, the U.S. defense sector pushed forward next-generation GPS-guided missiles featuring enhanced accuracy and robust anti-jamming capabilities, significantly boosting long-range strike potential.

✅ October saw major defense contractors ramp up production of precision-guided air-to-ground munitions, meeting growing demand and strengthening military readiness.

✅ By September, the U.S. Army accelerated the deployment of advanced long-range precision-strike weapons to enhance deterrence and operational flexibility.

Japan: Recent Industry Developments

✅ November marked progress in Japan's indigenous precision-guided missile programs aimed at strengthening national defense capabilities.

✅ Increased government funding in October fueled the development of smart munition technologies equipped with advanced guidance and targeting systems.

✅ September highlighted deepening collaboration between Japan and the U.S. on co-developing cutting-edge precision weapon systems.

Korea: Recent Industry Developments

✅ South Korea showcased innovative precision-guided strike munitions in November, integrated with legacy aircraft to extend tactical reach across the peninsula.

✅ October brought attention to Korean defense efforts in developing integrated glide munitions and cruise missiles designed to boost stand-off strike capacity.

✅ In September, local development of precision weapons underscored Korea's push toward greater self-reliance in advanced munitions manufacturing.

Israel: Recent Industry Developments

✅ November saw Israel enhancing its operational flexibility by procuring advanced airborne precision munitions from domestic defense firms, targeting improved urban strike capabilities.

✅ Expanded contracts in October focused on laser-guided and GPS-guided rocket systems tailored for complex modern combat environments.

✅ By September, Israel integrated loitering munitions and long-range air-to-surface missiles, further strengthening its precision arsenal.

Russia: Recent Industry Developments

✅ November witnessed Russia refining its guided weapon systems with upgraded precision features on modern combat aircraft.

✅ October's efforts centered on synchronizing new engine technologies and precision payloads to enhance tactical and strategic strike platforms.

✅ September saw Russian forces enhancing navigation and targeting systems to overcome advanced air defense challenges.

Key Players:

Lockheed Martin Corporation, Raytheon Technologies Corporation, Northrop Grumman Corporation, General Dynamics Corporation, BAE Systems, Inc., L3Harris Technologies, Inc., Boeing Defense, Space & Security, Harris Corporation, Textron Systems Corporation and AeroVironment, Inc.

Growth Forecast Projected:

The US Precision-guided Munitions Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the US Precision-guided Munitions Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Key Segments:

➥ By Type: Air-Launched Munitions, Ground-Launched Munitions, Naval-Launched Munitions, Submarine-Launched Munitions

➥ By Guidance System: GPS Guided Laser Guided, Infrared Guided, Electro-optical Guided, Radar Guided, Combination of Guidance Systems

➥ By Platform: Unmanned Aerial Vehicles (UAVs), Ground Vehicles, Naval Platforms

➥ By End-user: Military, Air Force, Navy, Others

➥ By Application: Anti-Aircraft, Anti-Ship, Anti-Tank, Surface-to-Surface, Precision Strikes, Training Simulators, Others)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among US Precision-guided Munitions producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze US Precision-guided Munitions revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ's

Q1: What is the current size of the US Precision-guided Munitions Market?

A: In 2023, the US Precision-guided Munitions Market was valued at US$ 6.23 billion, reflecting its strong industry presence.

Q2: How large is the US Precision-guided Munitions Market expected to be by 2031?

A: By 2031, industry forecasts suggest the US Precision-guided Munitions Market will grow to around US$ 9.82 billion, demonstrating significant expansion.

Q3: What is the growth rate of the US Precision-guided Munitions Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 5.85% during the forecast period from 2024 to 2031.

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