The United States Defense Industry Outlook 2024 - 2028

See how the United States Defense performed compared to key markets such as China and Russia.

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 - Q4 2024

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,...

United States Defense Market Data and Forecasts

United States Defense : how will it grow in the coming years?

Forecast: National Defense Gross Output in the US
Forecast: Military Expenditure in the US
Forecast: General Government Expenditures on Defence in the US
Forecast: Public Administration, Defence, Education, Health, Social Work Value Added in the US
Forecast: Military Expenditure in the US
Forecast: Arms Exports by the US
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