The ammunition handling system market is led by Meggitt Defense Systems (US), General Dynamics (US), Nobles Worldwide (US), McNally Industries (US), and Curtiss-Wright (US). These companies are expected to continue their dominance till 2022.
Contracts and new product launches are among the key strategies adopted by leading players in the ammunition handling system market. Contracts accounted for a share of 67% of all growth strategies adopted by key market players from 2014 to 2017. New product launches accounted for a share of 33% of all growth strategies adopted by major players during the above-mentioned time period.
Top two players in the ammunition handling system market
Meggitt Defense Systems, a subsidiary of Meggitt headquartered in California, US, is a key player in the ammunition handling system market. It designs and manufactures high-performance components and subsystems for the defense market. The company focuses on gaining military contracts and carrying out extensive R&D activities to develop advanced ammunition handling systems. It has a comprehensive product portfolio that comprises different types of ammunition handling systems for land, airborne, and naval platforms. The company focuses on both, organic as well as inorganic growth strategies to enhance its position in the ammunition handling system market. For instance, in 2015, Meggitt Defense Systems received a contract worth USD 42.1 million from Lockheed Martin Corporation (US). This contract enabled Meggitt Defense Systems to ensure the production and supply of 245 40mm case-telescoped linkless Ammunition Handling Systems (AHS) for Lockheed’s SCOUT Specialist Vehicle (SV) armored vehicles.
General Dynamics is another key player operating in the ammunition handling system market. The company develops the F-22A 20mm Gatling gun system for aircraft and 20mm M61A1 Gatling gun and ammunition handling system. The company continues to expand its global presence and focuses on the delivery of high-tech and best-in-class products and services to customers. General Dynamics is closely collaborating with its clients and forming strategic alliances with other key players to reinforce its position in the ammunition handling system market. For instance, in 2012, General Dynamics Armament and Technical Products, a business unit of General Dynamics, received a contract worth USD 7.8 million from the US Navy to produce more than 20 F/A-18 E/F 20mm gun systems for the Navy Air Systems Command’s Super Hornet fighter aircraft. The F/A-18 E/F gun system is composed of a lightweight, six-barrel 20mm M61A2 Gatling gun equipped with a closed-loop rotary linkless feed system.
Other companies operating in the ammunition handling system market include Nobles Worldwide (US), McNally Industries (US), Curtiss-Wright (US), Dillon Aero (US), BAE Systems (UK), Standard Armament (US), Calzoni (Italy), Thales Group (France), and GSI International (US). These companies have made a significant contribution to the ammunition handling system market. They have adopted the strategy of long-term contracts and new product launches to expand their global reach and enhance their market shares.
Ammunition Handling System Market by Platform (Land, Airborne, Naval), Weapon Type (Cannons, Gatling Guns, Machine Guns, Main Guns, Launchers), Feeding Mechanism (Linked, Linkless), Component, Mode of Operation, and Region - Global Forecast to 2022
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