A defense contractor is a business organization or individual that provides products or services to a military or intelligence department of a government. Products typically include military or civilian aircraft, ships, vehicles, weaponry, and electronic systems, while services can include logistics, technical support and training, communications support, and engineering support in cooperation with the government. Security contractors do not generally provide direct support of military operations. Under the 1949 Geneva Conventions, military contractors engaged in direct support of military operations may be legitimate targets of military interrogation. In the United States, defense contracting has taken an increasingly larger role. In 2009, the Department of Defense spent nearly $316 billion on contracts. Contractors have assumed a much larger on-the-ground presence during American conflicts: during the 1991 Gulf War the ratio of uniformed military to contractors was about 50 to 1, while during the first four years of the Iraq War the U.S. hired over 190,000 contractors, surpassing the total American military presence even during the 2007 Iraq surge and 23 times greater than other allied military personnel numbers. In Afghanistan, the presence of almost 100,000 contractors has resulted in a near 1-to-1 ratio with military personnel.The surge in spending on defense services contractors that began in 2001 came to a halt in 2009, leading to the Better Buying Power initiative of 2010.
The global market for Defense Contracting Service is estimated to increase from US$ million in 2021 to reach US$ million by 2028, exhibiting a CAGR of % during 2022-2028. Keeping in mind the uncertainties of COVID-19 and Russia-Ukraine War, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
The APAC Defense Contracting Service market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.
The United States Defense Contracting Service market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.
The Europe Defense Contracting Service market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.
The China Defense Contracting Service market is expected at value of US$ million in 2022 and grow at approximately % CAGR during 2022 and 2028.
Global key Defense Contracting Service players cover Lockheed Martin, Boeing, Raytheon Technologies, General Dynamics and Northrop Grumman, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
Report Coverage
This latest report provides a deep insight into the global Defense Contracting Service market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, value chain analysis, etc.
This report aims to provide a comprehensive picture of the global Defense Contracting Service market, with both quantitative and qualitative data, to help readers understand how the Defense Contracting Service market scenario changed across the globe during the pandemic and Russia-Ukraine War.
The base year considered for analyses is 2021, while the market estimates and forecasts are given from 2022 to 2028. The market estimates are provided in terms of revenue in USD millions.
Market Segmentation:
The study segments the Defense Contracting Service market and forecasts the market size by Type (Modern Weapons, Cyber Security and Information Technology), by Application (Army, Navy and Air Force,), and region (APAC, Americas, Europe, and Middle East & Africa).
Segmentation by type
Modern Weapons
Cyber Security
Information Technology
Robot Technology
Smart System
Others
Segmentation by application
Army
Navy
Air Force
Segmentation by region
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Major companies covered
Lockheed Martin
Boeing
Raytheon Technologies
General Dynamics
Northrop Grumman
Huntington Ingalls Industries
Humana
Moderna
Regeneron Pharmaceuticals
AeroVironment
BWX Technologies
Textron
CAE
BAE Systems
Leonardo
Norinco
Chapter Introduction
Chapter 1: Scope of Defense Contracting Service, Research Methodology, etc.
Chapter 2: Executive Summary, global Defense Contracting Service market size and CAGR, Defense Contracting Service market size by region, by type, by application, historical data from 2017 to 2022, and forecast to 2028.
Chapter 3: Defense Contracting Service revenue, global market share, and industry ranking by company, 2017-2022
Chapter 4: Global Defense Contracting Service revenue by region and by country. Country specific data and market value analysis for the U.S., Canada, Europe, China, Japan, South Korea, Southeast Asia, India, Latin America and Middle East & Africa.
Chapter 5, 6, 7, 8: Americas, APAC, Europe, Middle East & Africa, revenue segment by country, by type, and application.
Chapter 9: Analysis of the current market trends, market forecast, opportunities and economic trends that are affecting the future marketplace
Chapter 10: Manufacturing cost structure analysis
Chapter 11: Sales channel, distributors, and customers
Chapter 12: Global Defense Contracting Service market size forecast by region, by country, by type, and application
Chapter 13: Comprehensive company profiles of the leading players, including Lockheed Martin, Boeing, Raytheon Technologies, General Dynamics, Northrop Grumman, Huntington Ingalls Industries, Humana, Moderna and Regeneron Pharmaceuticals, etc.
Chapter 14: Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Defense Contracting Service. Industry analysis & Market Report on Defense Contracting Service is a syndicated market report, published as Global Defense Contracting Service Market Growth (Status and Outlook) 2022-2028. It is complete Research Study and Industry Analysis of Defense Contracting Service market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.