Precision-Guided Munitions (PGMs) Market 2009-2019

Table of Contents

1. Executive Summary

2. Introduction to Precision-Guided Munitions

• 2.1 Gulf War Puts Precision-Guided Munitions on Target
• 2.2 Precision-Guided Munition Guidance Methods
  • 2.2.1 Laser Designation
  • 2.2.2 Imaging Systems
  • 2.2.3 Satellite Control
  • 2.2.4 Combined Guidance Systems
• 2.3 Reduced Warhead Size
• 2.4 Targeting Underground Facilities
• 2.5 Unmanned Platforms Release Precision-Guided Munitions
• 2.6 Future Networked Strike Capability

3. The Global Precision-Guided Munitions Market 2009-2019

• 3.1 National Precision-Guided Munitions Markets
• 3.2 US Share of the Precision-Guided Munitions Market

4. Leading National Precision-Guided Munitions Markets 2009-2019

• 4.1 US Precision-Guided Munitions Market
  • 4.1.1 Joint Direct Attack Munition Programme
  • 4.1.2 Laser Joint Direct Attack Munition
  • 4.1.3 Joint Standoff Weapon
  • 4.1.4 Joint Standoff Weapon C-1
  • 4.1.5 Small Diameter Bomb
  • 4.1.6 Small Diameter Bomb Variants
  • 4.1.7 Raytheon Paveway II
  • 4.1.8 Lockheed Martin Paveway II
  • 4.1.9 Paveway II Enhanced Laser-Guided Training Rounds
  • 4.1.10 Massive Ordnance Penetrator
  • 4.1.11 Counter-Electronics High-Power Microwave Advanced Missile Project
• 4.2 UK Precision-Guided Munitions Market
  • 4.2.1 Paveway Legacy
  • 4.2.2 Paveway IV
• 4.3 Chinese Precision-Guided Munitions Market
  • 4.3.1 Lei Ting Laser-Guided Bombs
  • 4.3.2 Fei Teng Satellite-Guided Bombs
  • 4.3.3 Lei Shi Satellite-Guided Bombs
• 4.4 French Precision-Guided Munitions Market
  • 4.4.1 Enhanced Paveway II
  • 4.4.2 AASM Air-To-Ground Modular Weapon
• 4.5 German Precision-Guided Munitions Market
  • 4.5.1 Laser Joint Direct Attack Munition
  • 4.5.2 HOPE/HOSBO Glide Bombs
• 4.6 Israeli Precision-Guided Munitions Market
  • 4.6.1 Replenishing Bomb Stocks
  • 4.6.2 Small Diameter Bomb
• 4.7 Russian Precision-Guided Munitions Market
  • 4.7.1 KAB Series Precision-Guided Bombs
  • 4.7.2 Laser-Guided Bombs
  • 4.7.3 TV-Guided Bombs
  • 4.7.4 Satellite-Guided Bombs
  • 4.7.5 Zagon-1 Anti-Submarine Bomb
  • 4.7.6 Bazalt MPK
  • 4.7.7 Bazalt PBK-500U
• 4.8 Indian Precision-Guided Munitions Market
  • 4.8.1 New-Generation Precision-Guided Munition
  • 4.8.2 Enhanced-Range Precision-Guided Munition
• 4.9 Saudi Arabian Precision-Guided Munitions Market
  • 4.9.1 Joint Direct Attack Munition
• 4.10 Australian Precision-Guided Munitions Market
  • 4.10.1 Joint Direct Attack Munition Extended Range
• 4.11 Rest of the World Precision-Guided Munitions Market
  • 4.11.1 Canadian Precision-Guided Munitions Market
  • 4.11.2 Greek Precision-Guided Munitions Market
  • 4.11.3 Netherlands Precision-Guided Munitions Market
  • 4.11.4 Singaporean Precision-Guided Munitions Market
  • 4.11.5 South Korean Precision-Guided Munitions Market
  • 4.11.6 Spanish Precision-Guided Munitions Market

5. SWOT Analysis of the Precision-Guided Munitions Market

• 5.1 Strengths
  • 5.1.1 Increased Accuracy
  • 5.1.2 Reduction in Unintended Effects
  • 5.1.3 Guided Bombs are Cheaper than Missiles
  • 5.1.4 Greater Stand-Off Range
  • 5.1.5 Importance of Airpower in Modern Warfare
• 5.2 Weaknesses
  • 5.2.1 The Myth of Universal Precision
  • 5.2.2 Complete Reliance on Intelligence
  • 5.2.3 Vulnerability to Satellite Jamming
  • 5.2.4 Difficulty in Assessing Strike Success
• 5.3 Opportunities
  • 5.3.1 Adoption of Dual Guidance Systems
  • 5.3.2 Replenishing Stocks of Precision-Guided Munitions
  • 5.3.3 Unmanned Bomber Platforms
  • 5.3.4 Networked Warfare of the Future
• 5.4 Threats
  • 5.4.1 Cost Compared to Unguided Bombs
  • 5.4.2 Failure to Maintain a Mixed Munitions Inventory
  • 5.4.3 Global Economic Outlook Remains Uncertain
  • 5.4.4 Lack of Operational Need for Precision-Guided Munitions

6. Expert Opinion

• 6.1 Denel Dynamics: Shantall Tshoshane, Public Relations Manager
  • 6.1.1 Precision-Guided Munitions Development
  • 6.1.2 Umbani Completes Successful Flight Test
  • 6.1.3 Customer Demands for Accuracy and Range
  • 6.1.4 Focus on Missiles and Stand-Off Weapons
  • 6.1.5 South African Air Force Plans to Procure Guided Bombs
  • 6.1.6 Significant Worldwide Market for Precision-Guided Munitions
• 6.2 Portsmouth Aviation: Martin White, Operations Director
  • 6.2.1 Laser-Guided Bomb Components
  • 6.2.2 Paveway IV Programme
  • 6.2.3 Teaming With Raytheon
  • 6.2.4 Uncertain Times for the UK Market

7. Leading Precision-Guided Munitions Companies

• 7.1 Alliant Techsystems
• 7.2 Boeing Integrated Defense Systems
• 7.3 Britanite IBQ Defence Systems
• 7.4 Cobham Mission Systems
• 7.5 Denel Dynamics
• 7.6 Diehl BGT Defence
• 7.7 Elbit Systems Ltd
• 7.8 Harris Corporation
• 7.9 Israel Aerospace Industries Ltd
• 7.10 Lockheed Martin
• 7.11 MBDA
• 7.12 Northrop Grumman Electronic Systems
• 7.13 Ordtech Military Industries
• 7.14 Rafael Advanced Defense Systems
• 7.15 Raytheon
• 7.16 Sagem Defense Securite
• 7.17 State Scientific and Production Enterprise Region

8. Conclusions

• 8.1 Global Demand for Precision-Guided Munitions
• 8.2 Drivers of Growth in the Precision-Guided Munitions Market
• 8.3 Restraints on Growth in the Precision-Guided Munitions Market
• 8.4 The Future of the Precision-Guided Munitions Market

List of Tables and Figures

• Table 3.1 World Precision-Guided Munitions Sales Forecast, 2009-2019
• Table 3.2 World Precision-Guided Munitions Sales CAGR
• Table 3.3 National Precision-Guided Munitions Sales Forecasts, 2009-2019
• Table 3.4 National Precision-Guided Munitions Market Share, 2008 vs. 2019
• Table 3.5 National Precision-Guided Munitions CAGR, 2009-2019
• Table 3.6 US / Non-US Precision-Guided Munitions Sales Forecasts, 2009-2019
• Table 4.1 US Precision-Guided Munitions Sales Forecast, 2009-2019
• Table 4.2 US Precision-Guided Munitions Sales CAGR
• Table 4.3 US JDAM Funding, FY08-10
• Table 4.4 US JDAM Procurement, FY08-10
• Table 4.5 US JSOW Funding, FY08-10
• Table 4.6 US JSOW Procurement, FY07-10
• Table 4.7 US SDB Funding, FY08-10
• Table 4.8 US SDB Procurement, FY05-10
• Table 4.9 UK Precision-Guided Munitions Sales Forecast, 2009-2019
• Table 4.10 UK Precision-Guided Munitions Sales CAGR
• Table 4.11 Chinese Precision-Guided Munitions Sales Forecast, 2009-2019
• Table 4.12 Chinese Precision-Guided Munitions Sales CAGR
• Table 4.13 French Precision-Guided Munitions Sales Forecast, 2009-2019
• Table 4.14 French Precision-Guided Munitions Sales CAGR
• Table 4.15 German Precision-Guided Munitions Sales Forecast, 2009-2019
• Table 4.16 German Precision-Guided Munitions Sales CAGR
• Table 4.17 Israeli Precision-Guided Munitions Sales Forecast, 2009-2019
• Table 4.18 Israeli Precision-Guided Munitions Sales CAGR
• Table 4.19 Russian Precision-Guided Munitions Sales Forecast, 2009-2019
• Table 4.20 Russian Precision-Guided Munitions Sales CAGR
• Table 4.21 Indian Precision-Guided Munitions Sales Forecast, 2009-2019
• Table 4.22 Indian Precision-Guided Munitions Sales CAGR
• Table 4.23 Saudi Arabian Precision-Guided Munitions Sales Forecast, 2009-2019
• Table 4.24 Saudi Arabian Precision-Guided Munitions Sales CAGR
• Table 4.25 Australian Precision-Guided Munitions Sales Forecast, 2009-2019
• Table 4.26 Australian Precision-Guided Munitions Sales CAGR
• Table 4.27 Rest of the World Precision-Guided Munitions Sales Forecast, 2009-2019
• Table 4.28 Rest of the World Precision-Guided Munitions Sales CAGR
• Table 5.1 SWOT Analysis of the Precision-Guided Munitions Market, 2009-2019
• Table 7.1 Leading Precision-Guided Munitions Companies by Market Share, 2008

• Figure 3.1 World Precision-Guided Munitions Sales Forecast, 2009-2019
• Figure 3.2 National Precision-Guided Munitions Market Share, 2008
• Figure 3.3 National Precision-Guided Munitions Market Share, 2019
• Figure 3.4 National Precision-Guided Munitions Markets by CAGR, 2009-2019
• Figure 3.5 US / Non-US Precision-Guided Munitions Market Share, 2008 vs. 2019
• Figure 4.1 US Precision-Guided Munitions Sales Forecast, 2009-2019
• Figure 4.2 US JDAM Funding, FY08-10
• Figure 4.3 US JDAM Procurement, FY08-10
• Figure 4.4 US JSOW Funding, FY08-10
• Figure 4.5 US JSOW Procurement, FY07-10
• Figure 4.6 US SDB Funding, FY08-10
• Figure 4.7 US SDB Procurement, FY05-10
• Figure 4.8 UK Precision-Guided Munitions Sales Forecast, 2009-2019
• Figure 4.9 Chinese Precision-Guided Munitions Sales Forecast, 2009-2019
• Figure 4.10 French Precision-Guided Munitions Sales Forecast, 2009-2019
• Figure 4.11 German Precision-Guided Munitions Sales Forecast, 2009-2019
• Figure 4.12 Israeli Precision-Guided Munitions Sales Forecast, 2009-2019
• Figure 4.13 Russian Precision-Guided Munitions Sales Forecast, 2009-2019
• Figure 4.14 Indian Precision-Guided Munitions Sales Forecast, 2009-2019
• Figure 4.15 Saudi Arabian Precision-Guided Munitions Sales Forecast, 2009-2019
• Figure 4.16 Australian Precision-Guided Munitions Sales Forecast, 2009-2019
• Figure 4.17 Rest of the World Precision-Guided Munitions Sales Forecast, 2009-2019
• Figure 7.1 Leading Precision-Guided Munitions Companies by Market Share, 2008

Companies Mentioned in This Report

• Alliant Techsystems (ATK)
• Applied Research Associates
• BAE Systems
• Boeing Corporation
• Boeing Integrated Defense Systems
• Boeing Phantom Works
• Britanite IBQ Defence Systems
• Carleton Technologies
• China Academy of Launch Vehicle Technology
• China Aerospace Science and Technology Corporation (CASC)
• Cobham
• Cobham Mission Systems
• Computer Optical Products
• Dassault
• Denel Dynamics
• Denel Pty Ltd
• Diehl BGT Defence
• Diehl Defence
• EADS
• EaglePicher
• EDO MBM Technology
• EFW
• Elbit Systems Ltd
• Ellwood National Forge
• Enser
• Eurofighter
• Finmeccanica
• GE Aviation Systems
• General Atomics Aeronautical Systems Inc (GA-ASI)
• General Dynamics
• Goodrich Corporation
• Hamilton Sundstrand
• Harris Corporation
• Hawker de Havilland
• Herley Industries
• Honeywell International
• HR Textron
• Israel Aerospace Industries Ltd (IAI)
• Israel Aerospace Industries Ltd Systems Missiles & Space Group
• Israel Aerospace Industries Ltd MBT Missiles Division
• KDI Precision Products
• Klune Industries
• Kompas Design Bureau
• Ktech
• L-3 Communications
• L-3 Communications Randtron Antenna Systems
• L-3 Communications Telemetry-West
• LaBarge
• Lockely Manufacturing
• Lockheed Martin
• Lockheed Martin Missiles and Fire Control
• Lockheed Martin Tactical Defense Systems
• Luoyang Opto-Electro Technology Development Center
• MBDA
• McDonnell Douglas
• Mectron
• Navajo Agricultural Products Industry
• Northrop Grumman Corporation
• Northrop Grumman Electronic Systems
• Ordtech Military Industries
• Panavia
• Portsmouth Aviation
• Primus Technologies
• QinetiQ
• Rafael Advanced Defense Systems
• Raytheon
• Raytheon Missile Systems
• Raytheon Systems Limited (RSL)
• Rockwell Collins
• Saab
• Safran Group
• Sagem Defense Securite
• Sandia National Laboratories
• SEI
• State Research and Production Enterprise Bazalt
• State Scientific and Production Enterprise Region (GNPP)
• Stremel Manufacturing
• Sukhoi
• Tactical Missiles Corporation
• Thales Missile Electronics
• Times Aerospace Korea (TAK)
• United Technologies
• ViaSat Inc

Government Agencies and Organisations Mentioned in This Report

• 42nd Attack Squadron
• Association for Unmanned Vehicle Systems International (AUVSI)
• Australian Defence Force (ADF)
• Australian Department of Defence (DoD)
• Bangladesh Air Force
• Brazilian Air Force
• Brazilian General Command for Aerospace Technology
• Bundeswehr Technical and Airworthiness Center for Aircraft
• Canadian Forces
• Defence Materiel Organisation (DMO)
• Defence Materiel Organisation (DMO) Explosive Ordnance Division
• Defence Materiel Organisation (DMO) Explosive Ordnance Division, Guided Weapons Branch
• Defence Science and Technology Organisation (DSTO)
• Delegation Generale pour l' Armement (DGA)
• French Air Force
• French Navy
• German Air Force
• German Federal Office of Defence Technology and Procurement (BWB)
• Hamas
• Hellenic Air Force
• Hezbollah
• Indian Air Force
• Indian Armament Research and Development Establishment
• Indian Defence Research and Development Organisation (DRDO)
• Indian Ordnance Factory Board
• Israeli Air Force (IAF)
• Italian Air Force
• NATO
• Pakistan Air Force
• People' s Liberation Army Air Force (PLAAF)
• People' s Liberation Army Navy (PLAN)
• Republic of Singapore Air Force
• Royal Australian Air Force (RAAF)
• Royal Netherlands Air Force
• Royal Saudi Air Force
• Russian Air Force
• Russian Navy
• South African Air Force
• South Korean Agency for Defense Development
• Spanish Air Force
• Swedish Defence Materiel Administration (FMV)
• UK Army Air Corps
• UK Ministry of Defence (MoD)
• UK Royal Air Force (RAF)
• UK Royal Navy (RN)
• US Air Armament Center (AAC)
• US Air Force (USAF)
• US Air Force Materiel Command
• US Air Force Research Laboratory
• US Air Force Research Laboratory Munitions Directorate
• US Army
• US Central Command (CENTCOM)
• US Congress
• US Defense Security Co-operation Agency
• US Defense Threat Reduction Agency
• US Department of Defense (DoD)
• US Marine Corps (USMC)
• US Navy (USN)
• US Pacific Command