Market Share of Americas Medium And Large Caliber Ammunition Industry
The Americas medium and large caliber ammunition market is characterized by consolidation, with a select few players commanding substantial market shares. Key players include General Dynamics Corporation, BAE Systems plc, CBC Defense, Rheinmetall AG, and Northrop Grumman Corporation.
Several players seek to bolster their market presence by forging long-term partnerships with defense forces across the Americas. Additionally, many companies are channeling significant investments into research, aiming to craft advanced medium and large-caliber ammunition tailored to defense forces' specifications.
Moreover, ongoing R&D initiatives, such as the kinetic energy electronically timed airburst munition and the FAP — a high-performance, explosive-free, multipurpose ammunition for fighter aircraft — are set to enhance product differentiation and unveil new market opportunities. This momentum is expected to drive market growth during the forecast period. In April 2023, at the Latin America Aerospace and Defence (LAAD), CBC Global Ammunition unveiled its latest offerings, showcasing over 80 long guns and approximately 130 ammunition types, varying in caliber and projectile configuration.
Americas Medium And Large Caliber Ammunition Market Leaders
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BAE Systems plc
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Northrop Grumman Corporation
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General Dynamics Corporation
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CBC Global Ammunition
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American Ordnance LLC
*Disclaimer: Major Players sorted in no particular order