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publishes report on The Global Military Ammunition Market 2013-2023.
Synopsis :
This report is the result of SDI's extensive market and company research covering the global military
ammunition industry. It provides detailed analysis of both historic and forecast global industry values,
factors influencing demand, the challenges faced by industry participants, analysis of the leading
companies in the industry, and key news.
"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.
The report provides detailed analysis of the market for military ammunition during 2013-2023,
including the factors that influence why countries are investing or cutting expenditure on military
ammunition. It provides detailed expectations of growth rates and projected total expenditure.
The global ammunition industry is expected to witness a steady rise in the number of joint
ventures and strategic alliances during the forecast period, due to the insufficient indigenous
manufacturing capabilities of numerous countries such as the US, India, and Brazil. These
countries are dependent on foreign ammunition manufacturers in order to meet demand and
develop indigenous ammunition manufacturing capabilities. Some recent notable joint ventures
are mentioned below:
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.
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.
1.2 Definitions
1.3 Summary Methodology
1.4 About Strategic Defence Intelligence
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