Key Market Indicators
American defense expenditure is projected to soar to approximately $1.26 trillion by 2028, rising from around $941 billion in 2023. This marks a compound annual growth rate (CAGR) of 4.5%. Since 1965, the nation's demand for defense spending has surged at an annual rate of 6.7%. In this global ranking, China, Russia, and India hold the second, third, and fourth spots, respectively.
Latest reports
US Defense Market Report- Q1 2025
The US defense market in the first quarter of 2025 is positioned for significant growth, driven by advancements in aerospace and missile systems,...
US Defense Market Report- Q4 2024
In the fourth quarter of 2024, the US defense market experienced significant advancements across various segments, underscoring its strategic efforts to maintain technological...
US Defense Market Report - Q4 2024
The United States defense sector in Q4 2024 has been marked by strategic investments and technological advancements in key areas such as cybersecurity,...
