Fire Control System Market | fire control systems of charlotte
Fire Control System Market by System (Target Acquisition & Guidance Systems, Ballistic Computers, Navigation Systems, Power Systems), Platform (Land, Airborne, Naval), Weapon Class (Automatic Guns, Launchers), Range, and Region - Global Forecast to 2023
Fire Control System Market by System (Target Acquisition & Guidance Systems, Ballistic Computers, Navigation Systems, Power Systems), Platform (Land, Airborne, Naval), Weapon Class (Automatic Guns, Launchers), Range, and Region - Global Forecast to 2023
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<strong>Fire</strong> <strong>Control</strong> <strong>System</strong> <strong>Market</strong> worth<br />
USD 7.3 billion by 2023<br />
<strong>Fire</strong> <strong>Control</strong> <strong>System</strong> <strong>Market</strong> by <strong>System</strong> (Target Acquisition &<br />
Guidance <strong>System</strong>s, Ballistic Computers, Navigation <strong>System</strong>s,<br />
Power <strong>System</strong>s), Platform (Land, Airborne, Naval), Weapon Class<br />
(Automatic Guns, Launchers), Range, and Region - Global<br />
Forecast to 2023<br />
Sample Report<br />
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Summery<br />
[187 Pages Report] The <strong>fire</strong> <strong>control</strong> system market is projected<br />
to grow from USD 5.9 billion in 2018 to USD 7.3 billion by 2023, at<br />
a CAGR <strong>of</strong> 4.37% from 2018 to 2023
Recent Developments<br />
In January 2019, Raytheon Company received a contract worth USD 72.5<br />
million from the US Navy for the supply <strong>of</strong> MK 99 <strong>fire</strong> <strong>control</strong> <strong>systems</strong> for Aegis<br />
weapon <strong>systems</strong>.<br />
In December 2018, General Dynamics Mission <strong>System</strong>s, a business unit <strong>of</strong><br />
General Dynamics Corporation, received a contract worth USD 28.0 million<br />
from the US Department <strong>of</strong> Defense for the sustainment <strong>of</strong> weapons <strong>systems</strong><br />
installed on nuclear submarines <strong>of</strong> the US and UK. This contract also<br />
included work on <strong>fire</strong> <strong>control</strong> <strong>systems</strong> installed on submarines <strong>of</strong> both the<br />
nations as well as the attack weapon <strong>control</strong> <strong>systems</strong> deployed on the<br />
submarines <strong>of</strong> the US.<br />
In September 2018, Elbit <strong>System</strong>s Ltd. received a contract worth USD 173.0<br />
million from an undisclosed country in the Asia Pacific region to supply<br />
naval Remote Weapon Stations (RCWS). Under this contract, Elbit <strong>System</strong>s is<br />
expected to provide lightweight, fully stabilized dual-axis naval RCWS<br />
equipped with a 12.7mm machine guns and ammunition, advanced <strong>fire</strong><br />
<strong>control</strong> <strong>systems</strong>, and a modular electro-optic suite.<br />
In July 2018, LONGBOW LLC, a joint venture between Northrop Grumman<br />
Corporation and Lockheed Martin, secured a contract worth USD 170.5<br />
million from the US Army for the supply <strong>of</strong> LONGBOW <strong>fire</strong> <strong>control</strong> radars.
Platform<br />
the airborne segment is expected to grow<br />
at the highest CAGR during the forecast<br />
period
Key Player<br />
Elbit <strong>System</strong>s Ltd (Israel),<br />
General Dynamics Corporation (US),<br />
Rheinmetall AG (Germany),<br />
BAE <strong>System</strong>s (UK),<br />
Lockheed Martin (US),<br />
Safran (France),<br />
Leonardo (Italy),<br />
Raytheon Company (US),<br />
SAAB (Sweden),<br />
Aselsan A.S. (Turkey),<br />
Northrop Grumman (US), and Israel Aerospace Industries (Israel)
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