The global military ammunition market 2013 2023

The Global Military Ammunition Market 2013-2023

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Summary  “The Global Military Ammunition Market 2013-2023” offers the reader detailed analysis of the global military ammunition market over the next ten years, alongside potential market opportunities to enter the industry, using detailed market size forecasts.  Numerous countries in the world are currently involved in conflicts with their neighboring nations owing to reasons such as territorial disputes and terrorism. This situation is most commonly evident in the Asia Pacific region due to the rapid economic and military development among countries such as China, India, Japan, South Korea and North Korea among others. All the above mentioned countries are making rapid efforts in order to strengthen their military forces in order to be battle ready and thus involved in an arms race. And, battle readiness demands possessing adequate ammunition of various kinds including small caliber, artillery, mortar, large caliber and medium caliber.  “The Global Military Ammunition Market 2013-2023” provides detailed analysis of the current industry size and growth expectations from 2013 to 2023, including highlights of key growth stimulators. It also benchmarks the industry against key global markets and provides detailed understanding of emerging opportunities in specific areas.

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Key Benefits 

By the end of 2013, Russia and India are expected to establish a joint venture to manufacture ammunition for the Smerch multiple launch rocket system in India. The Russian firms Rosoboronexport and OAO NPO Splav are expected to form a joint venture with the artillery production department of the Indian defense ministry in order to produce, as well as provide after sales support to, the specified ammunition in India.

 In April 2012, General Dynamics Ordnance and Tactical Systems and Rheinmetall

Defense announced the formation ofa joint venture called Defense Munitions International, LLC in order to develop and market the new and existing kinetic energy and multi-purpose cartridges, which are elements of tank ammunition. The JV intends to market these products in the US as well as international markets.

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In January 2012, BAE Systems and Olin Winchester announced that they have formed a joint venture called US Munitions, LLC in the US. The joint venture was formed with an aim to undertake the contract awarded by the US DoD to manage, operate and maintain its Lake City Army Ammunition Plant till 2022. The contract is worth US$8.4 billion.

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Key Market Issues ďƒ˜

Reducing the weight of ammunition without compromising combat performance is a key challenge for the military ammunition industry. The modernization of soldier systems to protect and empower the soldier has resulted in an exponential increase in the total weight being carried. The combined weight of equipment prevents them from being agile, mobile, and effective war fighters, and the lives of soldiers are being put at risk as heavy life saving equipment is often being left behind. Defense agencies worldwide are focusing on sourcing and integrating the most affordable, lightweight soldier equipment and technology to reduce the burden to personnel. For example, the US Department of Defense Ordnance Technology Consortium awarded a US$2.05 million contract to AAI's Lightweight Small Arms Technologies (LSAT) team, part of Textron Systems to innovate both its caseless and cased telescoped lightweight ammunition and weapon technologies. The contract includes refining the 5.56mm Cased Telescoped ammunition and Light Machine Gun in support of an Army live fire experiment; development, testing and characterization of prototype 5.56mm Caseless ammunition; and extending Cased Telescoped ammunition technologies to a 7.62mm cartridge. The US Army Armament Research, Development and Engineering Center (ARDEC) and the Department of the Navy's Office of Naval Research are jointly participating in this program.

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Key Highlights ď Ź

The US DoD is making significant efforts to reduce the weight carried by the soldiers in the battlefield. One such initiative is the Lightweight Small Arms Technologies (LSAT) development program, through which the US DoD aims to provide lightweight weapons and ammunition to its forces. The infantry soldiers carry a range of equipment including arms and ammunition in the battlefield, which are very heavy to carry for long durations and thus affect the soldiers' fighting capabilities. Therefore, this program intends to equip the soldiers with light-weight machine guns which fire specially designed ammunition, which is also significantly lighter in weight that the conventional small caliber ammunition. The new advanced light machine gun is designed to utilize 5.56mm ammo designed by the AAI Corporation, which is a part of Textron Systems in cooperation with the US DoD. This new ammunition is called telescoped ammunition and does not consist of the conventional brass cartridge, due to which the weight of the ammunition is significantly decreased by approximately 40% compared to the traditional 5.56 ammunition. The new ammunition uses solid propellant that does not need casing and is directly fed into the weapon. These bullets are also shorter and use lesser volumes, which enable the soldiers to carry more ammunition and less weight. Recently, the US DoD also awarded a contract to improve the lightweight 5.56 ammunition and apply the same technology in the 7.62mm ammunition as well. It is expected that these technological advancements will reduce approximately 25 pounds (lbs) from a typical M249 Squad Automatic Weapon gunner. Therefore, these lightweight ammunitions are expected to be adopted by various militaries during the forecast period.

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Companies Mentioned 

Alliant Techsystems Inc.,

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General Dynamics-Ordnance and Tactical Systems,

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BAE Systems,

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Rheinmetall Defence,

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Nexter Munitions,

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L-3 Communications Corp.,

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Nammo AS,

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Olin Corporation

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