Artillery System

Artillery System Market Outlook

The global artillery system market is projected to reach a valuation of approximately USD 12 billion by 2035, with a compound annual growth rate (CAGR) of 4.5% during the forecast period of 2025 to 2035. This growth is primarily driven by increasing defense budgets across nations, rising geopolitical tensions, and the need for modernization of armed forces to address evolving warfare challenges. Additionally, there is a growing demand for advanced artillery systems that provide improved accuracy, range, and versatility in military operations. The shift towards automated and digitized artillery systems is further fuelling market expansion, as these systems enhance operational efficiency and reduce the risk to personnel in combat situations.

Growth Factor of the Market

The artillery system market is witnessing significant growth due to several key factors. Firstly, the escalation of regional conflicts and threats has prompted nations to bolster their military capabilities, leading to increased procurement of artillery systems. Furthermore, the technological advancements in artillery, such as precision-guided munitions and smart artillery systems, have enhanced their effectiveness and operational flexibility, thereby driving demand. Another contributing factor is the continual investment in research and development by defense contractors to innovate and improve existing artillery technologies. Additionally, the modernization programs undertaken by various countries to replace outdated systems with advanced artillery platforms are also a major growth driver. The focus on joint military exercises and training, which often involve the use of artillery systems, is further fueling market growth by increasing the operational readiness of armed forces.

Key Highlights of the Market

• The global artillery system market is expected to witness robust growth owing to rising defense spending.
• Technological innovations are leading to the development of more effective and precise artillery systems.
• Geopolitical tensions are driving nations to enhance their military capabilities.
• Modernization initiatives are prompting the replacement of older artillery systems with advanced platforms.
• The increasing trend of joint military exercises is enhancing the demand for artillery systems.

By Type

Self-Propelled Artillery:

Self-propelled artillery systems are gaining prominence in the artillery market due to their mobility and operational flexibility. These systems, equipped with advanced targeting and navigation technologies, can move quickly to reposition on the battlefield, which is critical in dynamic combat scenarios. They offer a significant advantage over towed artillery by being able to reposition rapidly after firing, thereby reducing the risk of counter-battery fire. Furthermore, self-propelled artillery systems can operate effectively with armored units, providing direct fire support and adapting to various operational environments. The integration of automation and advanced fire control systems has also enhanced the accuracy and efficiency of self-propelled artillery, making it a preferred choice for modern militaries.

Towed Artillery:

Towed artillery systems remain a reliable option for many armed forces due to their cost-effectiveness and ease of transport. These systems are often utilized in conventional warfare scenarios, where mobility is less of a concern compared to the need for firepower. Towed artillery can be easily transported to various locations, making them suitable for rapid deployment in response to emerging threats. Advances in materials and design have improved the maneuverability and setup time of towed artillery, allowing for quicker firing capabilities. Additionally, many militaries are integrating towed artillery with modern targeting systems to enhance their effectiveness on the battlefield.

Rocket Artillery:

Rocket artillery systems are increasingly being adopted for their high rate of fire and ability to deliver saturation fire over wide areas. These systems can launch multiple rockets in quick succession, providing significant destructive capability against enemy positions and infrastructure. The growing demand for precision and long-range fire capabilities has led to advancements in guided rocket systems, allowing for greater accuracy and reduced collateral damage. As modern warfare often requires rapid response to threats, rocket artillery becomes a valuable asset for military planners. The capability to launch a barrage of rockets within a short time frame makes it ideal for both offensive and defensive operations, reinforcing its importance in contemporary military strategies.

Air Defense Artillery:

Air defense artillery systems are crucial for protecting ground forces and critical installations from aerial threats. With the increasing sophistication of aerial attacks, nations are investing heavily in advanced air defense artillery systems capable of countering a variety of aerial threats, including drones and missiles. These systems are designed to detect, track, and neutralize airborne threats in real-time, which is essential for maintaining air superiority. The integration of radar and tracking technologies with conventional artillery has significantly enhanced the effectiveness of air defense systems. As military operations become more joint and integrated, the demand for multifunctional air defense artillery systems that can coordinate with other defense platforms is expected to rise.

Others:

This category includes various emerging artillery systems that do not fit neatly into the above classifications. The evolution of military technology has led to the development of unique artillery solutions that serve specific operational needs. This could encompass mobile artillery units designed for rapid deployment in asymmetrical warfare scenarios or systems that utilize unconventional ammunition types. Additionally, advancements in automated artillery systems, which require minimal human intervention, are beginning to reshape how artillery systems are designed and operated. These innovations may lead to the emergence of entirely new categories of artillery systems that combine aspects of traditional artillery with cutting-edge technology.

By Caliber

Small Caliber:

Small caliber artillery systems, often referred to as light artillery, are primarily utilized for close support and counter-battery operations. These systems are typically lightweight and easy to transport, making them ideal for rapid deployment in various combat scenarios. Their ability to deliver accurate firepower in confined environments is a significant advantage, especially in urban warfare. The advancements in ammunition technology for small caliber systems have increased their effectiveness, enabling them to engage targets with precision. Furthermore, small caliber artillery can be effectively integrated with infantry units, enhancing their operational capabilities on the battlefield.

Medium Caliber:

Medium caliber artillery systems strike a balance between firepower and mobility, making them versatile assets for ground forces. These systems have a broader range and greater destructive capability compared to small caliber artillery, making them suitable for both direct and indirect fire support. The development of precision-guided munitions has significantly enhanced the effectiveness of medium caliber artillery, allowing for accurate strikes on both stationary and moving targets. As military operations evolve to include hybrid warfare tactics, the adaptability of medium caliber systems in various combat scenarios becomes increasingly important. This segment is expected to witness steady growth as armed forces seek to bolster their fire support capabilities.

Large Caliber:

Large caliber artillery systems are renowned for their high impact and ability to deliver devastating firepower over long distances. They are often employed in major offensive operations and are designed to engage hardened targets, such as bunkers and fortifications. The increased range and lethality of large caliber systems make them essential assets in modern warfare. As nations continue to invest in artillery modernization, there is a growing focus on enhancing the accuracy and range of large caliber systems through the integration of advanced technologies, such as satellite navigation and automated fire control systems. The demand for large caliber artillery is expected to rise as military forces prioritize long-range strike capabilities.

Very Large Caliber:

Very large caliber artillery systems, including super guns and artillery pieces designed for specific strategic purposes, represent the upper echelon of artillery technology. These systems are capable of delivering massive payloads over extensive distances, making them formidable tools for long-range bombardment. While their operational deployment is less common due to logistical challenges and cost considerations, advancements in technology have sparked renewed interest in developing very large caliber artillery systems. Countries seeking to enhance their deterrent capabilities may invest in these systems as part of their strategic arsenals. As a result, this segment is witnessing a niche yet growing demand among military planners.

Others:

This segment encompasses artillery systems that do not conform to established caliber categories, including experimental designs and hybrid systems. As military forces seek to innovate and adapt to modern warfare challenges, there is an increasing interest in developing unique artillery solutions that leverage advanced technologies. These could include systems optimized for specific mission profiles or artillery platforms designed for specialized operations. The focus on customization and tailored capabilities is likely to drive growth in this segment as defense contractors explore new ways to meet the evolving needs of armed forces.

By Range

Short Range:

Short-range artillery systems are primarily designed for immediate battlefield support and filling gaps in frontline operations. These systems have limited range but are valued for their rapid deployment and quick response capabilities. They are vital for countering enemy forces in close proximity and can be integrated with infantry units to provide direct fire support. The advancements in short-range artillery technology, including improved targeting systems and guided munitions, have enhanced their effectiveness, allowing them to engage targets with greater precision. As ground warfare scenarios evolve, the demand for short-range artillery remains crucial, especially in urban and asymmetric conflict contexts.

Medium Range:

Medium-range artillery systems provide a strategic advantage by delivering fire support at a distance that allows for a broader operational scope. These systems are capable of engaging a variety of targets, including enemy troops, equipment, and fortified positions. The ongoing development of precision-guided munitions and advanced targeting solutions has significantly improved the accuracy of medium-range artillery, making them a reliable choice for military planners. The versatility of these systems enables their deployment across various operational theaters, reinforcing their importance in modern military strategies. As nations continue to modernize their artillery capabilities, medium-range systems are expected to see sustained demand.

Long Range:

Long-range artillery systems are critical in achieving strategic objectives on the battlefield by providing a standoff capability that allows forces to engage targets from a distance. The increasing focus on long-range precision fires has led to significant advancements in technology, enhancing the effectiveness and accuracy of these systems. Moreover, long-range artillery can often strike high-value targets deep within enemy territory, disrupting command and control structures. The integration of advanced guidance systems and GPS technology has transformed long-range artillery into a force multiplier, enabling militaries to conduct more effective operations. As geopolitical tensions rise, the demand for long-range artillery systems is expected to grow as nations prioritize capabilities that enhance deterrence and operational reach.

Very Long Range:

Very long-range artillery systems represent the pinnacle of range capabilities, allowing military forces to engage targets at extraordinary distances. These systems are typically designed for strategic bombardment and are capable of delivering significant firepower far beyond conventional artillery ranges. The ongoing research and development in hypersonic munitions and advanced propulsion technologies are revolutionizing the capabilities of very long-range artillery. Such systems can provide unparalleled advantages in terms of striking capabilities, allowing for rapid engagement of high-value targets while minimizing exposure to counter-battery fire. As warfare evolves, the strategic value of very long-range artillery continues to increase, prompting nations to invest in these advanced systems.

Others:

This category includes specialized artillery systems that do not fit within traditional range classifications but serve unique operational needs. These systems may include experimental designs or artillery platforms developed for specific mission profiles, such as rapid response units or those designed for unconventional warfare scenarios. As military forces adapt to changing operational landscapes, the development of these specialty artillery systems is becoming increasingly important. Innovations in this segment are likely to focus on enhancing mobility, responsiveness, and versatility, enabling armed forces to address diverse threats and operational requirements effectively.

By Component

Gun System:

The gun system is the core component of any artillery platform, responsible for delivering firepower to engage targets. Innovations in gun design, including advancements in barrel technology and recoil management systems, have significantly improved the performance and longevity of artillery pieces. The modern gun system is increasingly being integrated with advanced targeting and fire control technologies, enabling precise and responsive engagement of targets. As militaries globally modernize their artillery capabilities, the demand for advanced gun systems that can deliver higher rates of fire and enhanced accuracy is expected to rise, contributing significantly to the overall growth of the artillery market.

Fire Control System:

The fire control system is integral to the effective operation of artillery units, ensuring accurate targeting and coordination of fire missions. Modern fire control systems leverage advanced technologies such as GPS, inertial navigation, and automated targeting algorithms that significantly improve firing accuracy and reduce response times. These systems enable artillery units to operate in diverse environments and engage targets swiftly, which is crucial in contemporary combat scenarios. As the complexity of military operations increases, the demand for sophisticated fire control systems that enhance situational awareness and operational efficiency is expected to grow, driving innovation and investment in this segment.

Ammunition Handling System:

The ammunition handling system is vital for the effective operation of artillery platforms, ensuring the safe and efficient management of munitions. Advances in automation and robotics are transforming the capabilities of ammunition handling systems, enabling faster resupply and reducing the logistical burden on operators. Automated systems can manage the loading and unloading of munitions, improving operational efficiency and minimizing the risk of accidents during ammunition handling. As militaries shift towards more automated and integrated approaches to artillery operations, the demand for advanced ammunition handling systems that enhance safety and efficiency is expected to increase significantly.

Auxiliary Systems:

Auxiliary systems encompass a range of supporting technologies that enhance the overall functionality of artillery platforms. This includes power supply systems, communication networks, and maintenance equipment that ensure artillery units can operate effectively in various operational environments. The integration of auxiliary systems with main artillery components is crucial for maintaining operational readiness and efficiency. Moreover, as militaries increasingly adopt digital technologies, the demand for advanced auxiliary systems that support data sharing and coordination between artillery units is anticipated to grow, further enhancing the effectiveness of artillery operations.

By Region

The regional analysis of the artillery system market indicates a diverse landscape where North America, Europe, and Asia Pacific are the primary contributors to market growth. North America holds a significant share of the market, primarily driven by the substantial defense budgets of the United States and Canada. The U.S. military's focus on modernization initiatives, including upgrading its artillery capabilities, is expected to further boost market growth in the region. In Europe, countries are also investing in enhancing their artillery systems amid rising geopolitical tensions and security concerns, with a projected CAGR of 4.2% from 2025 to 2035. The region's commitment to maintaining robust defense capabilities is likely to drive demand for advanced artillery systems, particularly in the context of ongoing military projects and collaborations.

Asia Pacific is emerging as a significant region for artillery system market growth, driven by the increasing defense expenditures of countries like China, India, and Japan. The rising focus on enhancing military capabilities and regional security dynamics is prompting investments in modernizing artillery systems. As nations in this region compete to advance their military technologies, the demand for both conventional and advanced artillery systems is set to rise. Latin America and the Middle East & Africa are also contributing to market expansion, albeit at a slower pace due to economic constraints and political instability. However, these regions are gradually recognizing the need for improved defense capabilities, which will likely lead to increased investments in artillery systems over the coming years. The overall global market for artillery systems is poised for steady growth, with various regions adapting to their unique security needs and operational requirements.

Opportunities

The artillery system market is poised to capitalize on numerous opportunities as nations continue to enhance their military capabilities. One significant opportunity lies in the integration of cutting-edge technologies such as artificial intelligence, robotics, and advanced materials into artillery systems. The advent of smart munitions that can adjust their trajectories mid-flight based on real-time data is revolutionizing how artillery can be employed in combat scenarios. Furthermore, the increasing trend towards joint military operations and interoperability among allied forces presents an opportunity for artillery manufacturers to develop systems that can seamlessly integrate with a variety of platforms and technologies. Additionally, export opportunities are rising as developing nations seek to modernize their armed forces, presenting a substantial market for suppliers of artillery systems and components.

Moreover, defense budgets are expected to increase in many countries as geopolitical tensions continue to rise, driving further investments in military modernization. The ongoing focus on urban warfare necessitates the development of artillery systems tailored for urban environments, which could lead to innovative designs and applications. Additionally, the growing emphasis on sustainable and environmentally friendly military solutions may present opportunities for the development of artillery systems that utilize less harmful materials and technologies. As the global landscape continues to evolve, the artillery system market is well-positioned to explore these opportunities and drive innovation in the sector.

Threats

Despite the positive outlook for the artillery system market, several threats could potentially impact its growth trajectory. The increasing complexity of modern warfare, characterized by the rise of asymmetric threats and cyber warfare, poses a significant challenge for traditional artillery systems. As combat scenarios evolve, the effectiveness of conventional artillery may be diminished, requiring rapid adaptation and innovation from military suppliers. Additionally, stringent government regulations regarding defense procurement and exports can limit market access for manufacturers, creating barriers to entry for new players and impacting overall competitiveness in the sector.

Furthermore, geopolitical instability and shifting alliances can lead to unpredictable changes in defense spending priorities, impacting demand for artillery systems. The ongoing focus on cost-effective solutions may push militaries to prioritize lighter, more mobile systems over traditional heavy artillery, potentially marginalizing segments of the market. As nations pursue modernization and innovation, the risk of technological obsolescence becomes a concern, necessitating continuous investment in research and development by industry players. These threats underscore the need for artillery manufacturers to remain agile and responsive to the evolving landscape of defense requirements.

Competitor Outlook

• BAE Systems
• Lockheed Martin
• Rheinmetall AG
• Northrop Grumman
• General Dynamics
• Thales Group
• Elbit Systems
• Oto Melara S.p.A.
• Hanon Systems
• Saab AB
• Hanwha Defense
• Nammo AS
• Krauss-Maffei Wegmann (KMW)
• Patria Oyj
• Denel Land Systems

The competitive landscape of the artillery system market is characterized by a mix of established defense contractors and emerging players vying for market share. Major companies like BAE Systems, Lockheed Martin, and Rheinmetall AG dominate the market, leveraging their extensive experience, technological expertise, and established relationships with government agencies. These companies are heavily investing in research and development to innovate and enhance their artillery systems, ensuring they remain at the forefront of technological advancements. Collaborations and partnerships among industry players are also common, enabling them to share resources and expertise to deliver comprehensive artillery solutions that meet the evolving needs of militaries worldwide.

Emerging players in the market are leveraging advancements in technology to introduce innovative artillery solutions that challenge the status quo. These companies are often more agile and can adapt quickly to changing customer demands, focusing on niche segments and specialized solutions. The competitive landscape is further influenced by the increasing trend towards international defense collaborations and joint military exercises, which require compatibility and interoperability among artillery systems. As nations prioritize defense spending and modernization efforts, the competition among players in the artillery system market is expected to intensify, with companies striving to differentiate themselves through innovation, quality, and responsiveness to customer requirements.

Among the key competitors, BAE Systems stands out as a leading player in the artillery market, offering a wide range of artillery solutions, including self-propelled howitzers and advanced fire control systems. The company's investment in automation and digitization positions it well to meet the increasing demands for modern artillery capabilities. Similarly, Lockheed Martin is renowned for its cutting-edge technologies and has successfully integrated advanced targeting and fire control systems into its artillery offerings. Rheinmetall AG has made significant strides in developing modular artillery systems that enhance flexibility and adaptability on the battlefield. As these companies continue to innovate and expand their product portfolios, the competitive dynamics of the artillery system market will remain vibrant and continually evolving.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Saab AB
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Nammo AS
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Patria Oyj
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 BAE Systems
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Thales Group
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Elbit Systems
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Hanon Systems
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Hanwha Defense
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Rheinmetall AG
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Lockheed Martin
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 General Dynamics
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Northrop Grumman
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Oto Melara S.p.A.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Denel Land Systems
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Krauss-Maffei Wegmann (KMW)
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Artillery System Market, By Type
    • 6.1.1 Self-Propelled Artillery
    • 6.1.2 Towed Artillery
    • 6.1.3 Rocket Artillery
    • 6.1.4 Air Defense Artillery
    • 6.1.5 Others
  • 6.2 Artillery System Market, By Range
    • 6.2.1 Short Range
    • 6.2.2 Medium Range
    • 6.2.3 Long Range
    • 6.2.4 Very Long Range
    • 6.2.5 Others
  • 6.3 Artillery System Market, By Caliber
    • 6.3.1 Small Caliber
    • 6.3.2 Medium Caliber
    • 6.3.3 Large Caliber
    • 6.3.4 Very Large Caliber
    • 6.3.5 Others
  • 6.4 Artillery System Market, By Component
    • 6.4.1 Gun System
    • 6.4.2 Fire Control System
    • 6.4.3 Ammunition Handling System
    • 6.4.4 Auxiliary Systems
    • 6.4.5 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Artillery System Market by Region
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Artillery System market is categorized based on

By Type

• Self-Propelled Artillery
• Towed Artillery
• Rocket Artillery
• Air Defense Artillery
• Others

By Caliber

• Small Caliber
• Medium Caliber
• Large Caliber
• Very Large Caliber
• Others

By Range

• Short Range
• Medium Range
• Long Range
• Very Long Range
• Others

By Component

• Gun System
• Fire Control System
• Ammunition Handling System
• Auxiliary Systems
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• BAE Systems
• Lockheed Martin
• Rheinmetall AG
• Northrop Grumman
• General Dynamics
• Thales Group
• Elbit Systems
• Oto Melara S.p.A.
• Hanon Systems
• Saab AB
• Hanwha Defense
• Nammo AS
• Krauss-Maffei Wegmann (KMW)
• Patria Oyj
• Denel Land Systems