submarine classes: Ohio, Los Angeles, Seawolf, and Virginia. Notably, the US Navy's modernization strategy includes an ambitious plan to introduce two to three Virginia-class attack submarines annually until 2043. Additionally, the Navy aims to procure 36 Virginia-class vessels by the end of FY...
of legacy vessels. The segment’s growth will be mainly driven by several high-value procurement programs worldwide, including the Royal Canadian Navy’s ‘Canadian Surface Combatant’ program, the US Navy’s Constellation-class program, the Royal Australian Navy’...
Japan India South Korea Rest of Asia-Pacific Latin America Brazil Mexico Rest of Latin America Middle East and Africa Saudi Arabia United Arab Emirates Turkey South Africa Rest of Middle East and Africa Need A Different Region Or Segment?
exhibiting a CAGR of 20.96% during the forecast period. North America dominated the military radar market with a market share of 38.28% in 2023. Moreover, the military radar market size in the U.S. is projected
On the Defence side, the RAN is under-strength and consistently missing recruiting targets, leading to a year-on-year decline in active personnel numbers. Worst, according to testimony by the Chief of Navy Vice Admiral Mark Hammond in front of the Senate last week, it’s overwhelmingly skilled...
North America dominated the industry with a market size of USD 0.39 billion in 2020. The highest defense budget and spending on research and development and strengthening naval forces drive North American market growth. Increasing procurement of advanced AUV from the U.S. Navy for ISR operations,...
aviation segment is further segmented into commercial and general aviation, while the defense segment is further classified as army, navy, and air force. By platform, the market is segmented into land, air, sea, and space. For each segment, the market size is provided in terms of value (...
and IT consulting services expected to augment services segment growth. For instance, in December 2020, Accenture was awarded a five-year contract worth USD 38 million by the U.S. Department of Navy (DON) to provide IT and management consulting services to the DON and the U.S. Marine ...