Market Share of E Bomb Industry
The E-bomb market is fragmented, with a presence of few players holding significant shares in the market. Some of the key players in the market are The Boeing Company, RTX Corporation, Lockheed Martin Corporation, Northrop Grumman Corporation, and BAE Systems plc.
Key original equipment manufacturers (OEMs) highly focus on technological advancements and the design and development of advanced electromagnetic bombs with improved accuracy and reliability. For instance, in September 2019, Northrop Grumman Corporation received its first production order from the US Navy to manufacture the FMU-139D/B. It is a new all-electronic bomb fuze suitable for several general-purpose bombs used by the US Department of Defense and its allied nations.
E Bomb Market Leaders
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Lockheed Martin Corporation
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The Boeing Company
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BAE Systems plc
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RTX Corporation
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Nothrop Grumman Corporation
*Disclaimer: Major Players sorted in no particular order