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    US Guided Munitions Market

    ID: MRFR/A&D/15616-HCR
    100 Pages
    Sejal Akre
    September 2025

    US Guided Munitions Market Research Report: By Product (Tactical Missile, Guided Rockets, Guided Ammunition, Loitering Munition) and By Technology (Infrared, Semi-Active Lasers, Navigation System, Anti-Radiation, Others) - Forecast to 2035

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    Table of Contents

    US Guided Munitions Market Summary

    The United States Guided Munitions market is projected to grow from 6.82 USD Billion in 2024 to 10.3 USD Billion by 2035.

    Key Market Trends & Highlights

    US Guided Munitions Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 3.86% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 10.3 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 6.82 USD Billion, reflecting the current demand for advanced munitions.
    • Growing adoption of precision-guided munitions due to increasing defense budgets is a major market driver.

    Market Size & Forecast

    2024 Market Size 6.82 (USD Billion)
    2035 Market Size 10.3 (USD Billion)
    CAGR (2025-2035) 3.86%

    Major Players

    Raytheon Technologies, Huntington Ingalls Industries, Boeing, Lockheed Martin, General Dynamics, Thales Group, BAE Systems, Rafael Advanced Defense Systems, Textron, L3Harris Technologies, Rockwell Collins, Leonardo DRS, Northrop Grumman, Naval Group

    US Guided Munitions Market Trends

    The US Guided Munitions Market is currently experiencing significant trends that reflect the evolving landscape of defense needs and technological advancements. One key market driver is the increasing defense spending by the US government, which is driven by rising geopolitical tensions and the need for modernized military capabilities. The focus on precision warfare is leading to a growing demand for smart munitions, which offer enhanced accuracy and reduced collateral damage compared to traditional weapons.

    Additionally, advancements in technologies such as artificial intelligence and drone systems are reshaping how guided munitions are designed and deployed, further accelerating their integration into military operations.There are numerous opportunities to be explored in this market, particularly in the areas of research and development. Manufacturers are encouraged to invest in innovative technologies that enhance the effectiveness and safety of guided munitions. Collaborations between defense contractors and technology firms promise to yield cutting-edge solutions that can adapt to various combat scenarios.

    Furthermore, the emphasis on sustainability in defense procurement presents a chance to develop environmentally friendly munitions that align with broader governmental initiatives aimed at reducing the ecological impact of military operations. Recent times have also shown trends toward increased collaboration between the US military and allied nations in the development and deployment of guided munitions.This trend not only aims to strengthen international defense partnerships but also opens new avenues for joint development programs and shared technologies. With a focus on interoperability among allies, the US is likely to see a push for standardization of guided munitions among coalition forces.

    The combination of these dynamics is likely to shape future procurement strategies and capabilities within the US Guided Munitions Market.

    US Guided Munitions Market Drivers

    Market Segment Insights

    US Guided Munitions Market Segment Insights:

    US Guided Munitions Market Segment Insights:

    Guided Munitions Market Product Insights

    Guided Munitions Market Product Insights

    The Product segment of the US Guided Munitions Market encompasses a wide array of munitions designed to improve accuracy and effectiveness in military operations. Within this market, Tactical Missiles play a critical role as they provide precision strikes against enemy targets, often featuring advanced guidance systems that enhance operational effectiveness. Guided Rockets, characterized by their enhanced control, are used for a variety of tactical operations, enabling forces to engage targets both effectively and efficiently.

    Guided Ammunition represents a key area as it integrates smart technologies into conventional munitions, thereby ensuring improved targeting and reduced collateral damage, thus aligning with modern warfare's shift towards precision engagement.On the other hand, Loitering Munitions combine the characteristics of drones and traditional munitions, allowing them to hover over a battlefield until a target is identified, which makes them highly sought after for their versatility and adaptability in dynamic combat environments.

    This overall landscape of the US Guided Munitions Market highlights significant trends, including an emphasis on increased precision, reduced collateral damage, and the incorporation of advanced technologies to meet the growing demand for effective and efficient military solutions.These growth drivers are further supported by the demand for modernized defense capabilities amid evolving threats, while challenges such as regulatory constraints and technological complexities shape the strategic direction of players in the market. Ultimately, the diverse offerings within the Product segment provide crucial options for military forces looking to enhance their operational capabilities in an increasingly sophisticated conflict landscape.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Guided Munitions Market Technology Insights

    Guided Munitions Market Technology Insights

    The Technology segment of the US Guided Munitions Market showcases a diverse range of systems and innovations, each serving critical roles in modern defense capabilities. This segment includes advanced systems such as Infrared technology, which enhances target acquisition and tracking in various combat scenarios, thus significantly improving operational effectiveness. Semi-Active Lasers are instrumental in precision targeting, widely utilized to guide munitions with extraordinary accuracy, making them essential in reducing collateral damage.

    Navigation systems, which have become increasingly sophisticated, ensure that guided munitions reach their intended targets under varying conditions, enhancing reliability.Anti-Radiation technology plays a crucial role in countering hostile radar systems, providing a strategic advantage in electronic warfare. Additionally, the 'Others' category encompasses various emerging technologies that contribute to the overall effectiveness and versatility of guided munitions. The combination of these technological advancements is driving the growth of the US Guided Munitions Market, as they enable a more precise approach to military engagements and contribute to national defense strategies.

    As military spending in the US continues to focus on modernization and technological superiority, advancements within the Technology segment are likely to remain a key focus for investments and innovations in the coming years.

    Get more detailed insights about US Guided Munitions Market

    Regional Insights

    Key Players and Competitive Insights

    The US Guided Munitions Market is characterized by a competitive landscape that is continually evolving, driven by advancements in technology, increasing defense budgets, and the complexity of warfare scenarios. Companies operating in this sector focus on developing precision-guided munitions that enhance operational capabilities for various branches of the military. The integration of cutting-edge technologies, such as artificial intelligence and automation, has significantly transformed the market dynamics, leading to innovative product offerings that address emerging threats. The market's competitive landscape features a mix of established defense contractors and emerging technology firms striving to capture a share of this lucrative segment.

    Factors such as collaboration with defense agencies, strategic partnerships, and a focus on research and development play crucial roles in shaping the competitive positioning of these companies.Raytheon Technologies has established a formidable presence in the US Guided Munitions Market, driven by its commitment to innovation and extensive experience in aerospace and defense solutions. The company’s strengths lie in its advanced research and development capabilities, allowing it to create cutting-edge munitions that exhibit high accuracy and reliability. Raytheon Technologies boasts a diverse portfolio that encompasses various guided munitions tailored for air, land, and naval systems.

    This versatility further solidifies its position within the market. In addition to its technological advancements, the company maintains robust relationships with US defense forces, ensuring its products align with operational needs and strategic objectives. Raytheon Technologies effectively leverages its historical expertise in missile systems and guided weapons, which enhances its market standing and fosters continued growth.Huntington Ingalls Industries is another key player in the US Guided Munitions Market, known for its capabilities in shipbuilding and advanced defense technologies.

    The company’s strengths in surface ship and submarine design allow it to integrate guided munitions into naval platforms effectively, expanding its market presence within the maritime defense sector. Huntington Ingalls Industries provides essential products and services that support the U.S. Navy’s capabilities, focusing on enhancing firepower through advanced munition systems. The company has engaged in strategic mergers and acquisitions aimed at bolstering its defense portfolio, thereby enhancing its competitive edge. Huntington Ingalls Industries consistently invests in innovation and collaborates closely with the government and military counterparts to develop highly effective munitions that meet evolving threats.

    This approach ensures that the company remains a significant contributor to the defense landscape in the United States, positioning it as an essential player in the guided munitions sector.

    Key Companies in the US Guided Munitions Market market include

    Industry Developments

    The US Guided Munitions Market has seen significant developments recently, with notable advancements especially from companies like Raytheon Technologies, Northrop Grumman, and Lockheed Martin. In September 2023, Raytheon Technologies announced the successful test of a new guided missile that significantly enhances precision strike capabilities. Meanwhile, in August 2023, Northrop Grumman's decision to invest in next-generation guided weapon systems has garnered attention, with plans to increase production capacity in response to growing defense demands. Additionally, July 2023 marked the acquisition by General Dynamics of a smaller tech firm specializing in missile guidance technologies, strengthening their portfolio in guided munitions.

    The US government's increased budget allocation for defense has also led to a surge in market valuation across various companies, reflecting ongoing growth and innovation in guided munitions technologies. Furthermore, the competitive landscape has intensified as BAE Systems and Boeing pursue new contracts related to advanced guided missile systems, highlighting a dynamic and evolving market that is adapting to changing warfare needs. These trends indicate a robust expansion phase within the US Guided Munitions Market, driven by technological enhancements and strategic collaborations among leading defense contractors.

    Market Segmentation

    Outlook

    • Infrared
    • Semi-Active Lasers
    • Navigation System
    • Anti-Radiation
    • Others

    Report Scope

    Report Attribute/Metric Source: Details
    MARKET SIZE 2018 6.54(USD Billion)
    MARKET SIZE 2024 6.82(USD Billion)
    MARKET SIZE 2035 10.35(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 3.861% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED Raytheon Technologies, Huntington Ingalls Industries, Boeing, Lockheed Martin, General Dynamics, Thales Group, BAE Systems, Rafael Advanced Defense Systems, Textron, L3Harris Technologies, Rockwell Collins, Leonardo DRS, Northrop Grumman, Naval Group
    SEGMENTS COVERED Product, Technology
    KEY MARKET OPPORTUNITIES Increased defense budget allocations, Advancements in precision technology, Expanding military modernization programs, Rising demand for unmanned systems, Growth in allied defense collaborations
    KEY MARKET DYNAMICS increased military spending, technological advancements, geopolitical tensions, demand for precision, modernization of defense systems
    COUNTRIES COVERED US

    Market Highlights

    Author
    Sejal Akre
    Senior Research Analyst

    She has over 5 years of rich experience, in market research and consulting providing valuable market insights to client. Hands on expertise in management consulting, and extensive knowledge in domain including ICT, Automotive & Transportation and Aerospace & Defense. She is skilled in Go-to market strategy, industry analysis, market sizing, in depth company profiling, competitive intelligence & benchmarking and value chain amongst others.

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    FAQs

    What is the expected market size of the US Guided Munitions Market in 2024?

    The US Guided Munitions Market is expected to be valued at 6.82 USD Billion in 2024.

    What will be the market size of the US Guided Munitions Market by 2035?

    By 2035, the US Guided Munitions Market is projected to reach a value of 10.35 USD Billion.

    What is the projected CAGR for the US Guided Munitions Market from 2025 to 2035?

    The market is expected to grow at a CAGR of 3.861% during the period from 2025 to 2035.

    Which product segment holds the largest market share in the US Guided Munitions Market?

    The Tactical Missile segment is the largest, valued at 2.4 USD Billion in 2024.

    What are the projected values for Guided Rockets in the year 2035?

    The Guided Rockets segment is expected to be valued at 2.5 USD Billion by 2035.

    Who are the key players in the US Guided Munitions Market?

    Major players include Raytheon Technologies, Boeing, Lockheed Martin, and Northrop Grumman, among others.

    What will be the market size for Guided Ammunition in 2035?

    Guided Ammunition is projected to reach a market value of 2.41 USD Billion by 2035.

    What is the expected market value for Loitering Munition in 2024?

    The Loitering Munition segment is forecasted to be valued at 1.2 USD Billion in 2024.

    How will the current global conflicts impact the US Guided Munitions Market?

    The ongoing global conflicts are likely to drive increased demand for advanced guided munitions.

    What growth opportunities exist in the US Guided Munitions Market?

    The market growth opportunities lie in technological advancements and increased defense budgets.

    1. EXECUTIVE SUMMARY
    2. Market Overview
    3. Key Findings
    4. Market Segmentation
    5. Competitive Landscape
    6. Challenges and Opportunities
    7. Future Outlook
    8. MARKET INTRODUCTION
    9. Definition
    10. Scope of the study
    11. Research Objective
    12. Assumption
    13. Limitations
    14. RESEARCH METHODOLOGY
    15. Overview
    16. Data Mining
    17. Secondary Research
    18. Primary Research
    19. Primary Interviews and Information Gathering Process
    20. Breakdown of Primary Respondents
    21. Forecasting Model
    22. Market Size Estimation
    23. Bottom-Up Approach
    24. Top-Down Approach
    25. Data Triangulation
    26. Validation
    27. MARKET DYNAMICS
    28. Overview
    29. Drivers
    30. Restraints
    31. Opportunities
    32. MARKET FACTOR ANALYSIS
    33. Value chain Analysis
    34. Porter's Five Forces Analysis
    35. Bargaining Power of Suppliers
    36. Bargaining Power of Buyers
    37. Threat of New Entrants
    38. Threat of Substitutes
    39. Intensity of Rivalry
    40. COVID-19 Impact Analysis
    41. Market Impact Analysis
    42. Regional Impact
    43. Opportunity and Threat Analysis
    44. US Guided Munitions Market, BY Product (USD Billion)
    45. Tactical Missile
    46. Guided Rockets
    47. Guided Ammunition
    48. Loitering Munition
    49. US Guided Munitions Market, BY Technology (USD Billion)
    50. Infrared
    51. Semi-Active Lasers
    52. Navigation System
    53. Anti-Radiation
    54. Others
    55. Competitive Landscape
    56. Overview
    57. Competitive Analysis
    58. Market share Analysis
    59. Major Growth Strategy in the Guided Munitions Market
    60. Competitive Benchmarking
    61. Leading Players in Terms of Number of Developments in the Guided Munitions Market
    62. Key developments and growth strategies
    63. New Product Launch/Service Deployment
    64. Merger & Acquisitions
    65. Joint Ventures
    66. Major Players Financial Matrix
    67. Sales and Operating Income
    68. Major Players R&D Expenditure. 2023
    69. Company Profiles
    70. Raytheon Technologies
    71. Financial Overview
    72. Products Offered
    73. Key Developments
    74. SWOT Analysis
    75. Key Strategies
    76. Huntington Ingalls Industries
    77. Financial Overview
    78. Products Offered
    79. Key Developments
    80. SWOT Analysis
    81. Key Strategies
    82. Boeing
    83. Financial Overview
    84. Products Offered
    85. Key Developments
    86. SWOT Analysis
    87. Key Strategies
    88. Lockheed Martin
    89. Financial Overview
    90. Products Offered
    91. Key Developments
    92. SWOT Analysis
    93. Key Strategies
    94. General Dynamics
    95. Financial Overview
    96. Products Offered
    97. Key Developments
    98. SWOT Analysis
    99. Key Strategies
    100. Thales Group
    101. Financial Overview
    102. Products Offered
    103. Key Developments
    104. SWOT Analysis
    105. Key Strategies
    106. BAE Systems
    107. Financial Overview
    108. Products Offered
    109. Key Developments
    110. SWOT Analysis
    111. Key Strategies
    112. Rafael Advanced Defense Systems
    113. Financial Overview
    114. Products Offered
    115. Key Developments
    116. SWOT Analysis
    117. Key Strategies
    118. Textron
    119. Financial Overview
    120. Products Offered
    121. Key Developments
    122. SWOT Analysis
    123. Key Strategies
    124. L3Harris Technologies
    125. Financial Overview
    126. Products Offered
    127. Key Developments
    128. SWOT Analysis
    129. Key Strategies
    130. Rockwell Collins
    131. Financial Overview
    132. Products Offered
    133. Key Developments
    134. SWOT Analysis
    135. Key Strategies
    136. Leonardo DRS
    137. Financial Overview
    138. Products Offered
    139. Key Developments
    140. SWOT Analysis
    141. Key Strategies
    142. Northrop Grumman
    143. Financial Overview
    144. Products Offered
    145. Key Developments
    146. SWOT Analysis
    147. Key Strategies
    148. Naval Group
    149. Financial Overview
    150. Products Offered
    151. Key Developments
    152. SWOT Analysis
    153. Key Strategies
    154. References
    155. Related Reports
    156. US Guided Munitions Market SIZE ESTIMATES & FORECAST, BY PRODUCT, 2019-2035 (USD Billions)
    157. US Guided Munitions Market SIZE ESTIMATES & FORECAST, BY TECHNOLOGY, 2019-2035 (USD Billions)
    158. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    159. ACQUISITION/PARTNERSHIP
    160. MARKET SYNOPSIS
    161. US GUIDED MUNITIONS MARKET ANALYSIS BY PRODUCT
    162. US GUIDED MUNITIONS MARKET ANALYSIS BY TECHNOLOGY
    163. KEY BUYING CRITERIA OF GUIDED MUNITIONS MARKET
    164. RESEARCH PROCESS OF MRFR
    165. DRO ANALYSIS OF GUIDED MUNITIONS MARKET
    166. DRIVERS IMPACT ANALYSIS: GUIDED MUNITIONS MARKET
    167. RESTRAINTS IMPACT ANALYSIS: GUIDED MUNITIONS MARKET
    168. SUPPLY / VALUE CHAIN: GUIDED MUNITIONS MARKET
    169. GUIDED MUNITIONS MARKET, BY PRODUCT, 2025 (% SHARE)
    170. GUIDED MUNITIONS MARKET, BY PRODUCT, 2019 TO 2035 (USD Billions)
    171. GUIDED MUNITIONS MARKET, BY TECHNOLOGY, 2025 (% SHARE)
    172. GUIDED MUNITIONS MARKET, BY TECHNOLOGY, 2019 TO 2035 (USD Billions)
    173. BENCHMARKING OF MAJOR COMPETITORS

    US Guided Munitions Market Segmentation

     

    • Guided Munitions Market By Product (USD Billion, 2019-2035)

      • Tactical Missile
      • Guided Rockets
      • Guided Ammunition
      • Loitering Munition

     

    • Guided Munitions Market By Technology (USD Billion, 2019-2035)

      • Infrared
      • Semi-Active Lasers
      • Navigation System
      • Anti-Radiation
      • Others

     

     

     

     

     

     

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