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3. Border Security Companies - Lockheed Martin Corporation (US) and General Dynamics Corporation (US) are the Key Players

The border security market is projected to reach USD 34.4 billion by 2029, from USD 26.8 billion in 2024, at a CAGR of 5.1%. Factors including rising geopolitical instability, increasing terrorist fatalities necessitates border security systems, public safety concerns near border areas, and growing adoption of new technologies for border security are expected to drive the market growth.

Lockheed Martin Corporation (US), General Dynamics Corporation (US), Northrop Grumman (US), BAE Systems (UK), and Thales (France) are some of the leading companies in the market. To strengthen their position in this market, these companies have implemented various growth strategies.

To know about the assumptions considered for the study download the pdf brochure

Major Border Security companies include:

• Lockheed Martin Corporation (US)
• General Dynamics Corporation (US)
• Northrop Grumman (US)
• BAE Systems (UK)
• Thales (France)
• RTX Corporation (US)
• Leonardo S.p.A. (Italy)
• Elbit Systems Ltd. (Israel)
• L3Harris Technologies, Inc. (US)
• Israel Aerospace Industries (Israel)

Lockheed Martin Corporation (US)

Lockheed Martin Corporation specializes in the research, design, development, manufacture, and integration of advanced technology systems and related products. The company operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. The Rotary and Mission Systems segment designs, manufactures, and supports military & commercial helicopters, ship & submarine mission and combat systems, mission systems and sensors for rotary and fixed-wing aircraft, sea and land-based missile defense systems, and radar systems. It also supports the requirements of government customers in cybersecurity and delivers communications, command & control capabilities for defense applications. Meanwhile, the Missiles and Fire Control segment provides air & missile defense systems, tactical missiles & air-to-ground precision strike weapon systems, fire control systems, mission operations support, engineering support & integration services, and energy management solutions. Lockheed Martin is certified by U.S. Customs and Border Protection (CBP) as CTPAT Tier III, the highest security status for importing companies.

General Dynamics Corporation (US)

General Dynamics Corporation is a global aerospace and defense company known for its design, engineering, and manufacturing capabilities. The company operates through four segments: Aerospace, Marine Systems, Combat Systems, and Technologies. Technologies segment offers solutions for border and homeland security. The company supports the Department of Homeland Security with biometrics, intelligence-sharing, and system modernization. Their BorderSHIELD solution integrates a network for efficient and secure border management, ensuring national sovereignty and facilitating authorized entries. The subsidiaries include General Atomics, Gulfstream Aerospace, General Dynamics Mission Systems, Jet Aviation, Jet Professionals, LLC, Maricom Systems, and Savannah Air Center.

General Dynamics Corporation (US)

General Dynamics Corporation is a global aerospace and defense company known for its design, engineering, and manufacturing capabilities. The company operates through four segments: Aerospace, Marine Systems, Combat Systems, and Technologies. Technologies segment offers solutions for border and homeland security. The company supports the Department of Homeland Security with biometrics, intelligence-sharing, and system modernization. Their BorderSHIELD solution integrates a network for efficient and secure border management, ensuring national sovereignty and facilitating authorized entries. The subsidiaries include General Atomics, Gulfstream Aerospace, General Dynamics Mission Systems, Jet Aviation, Jet Professionals, LLC, Maricom Systems, and Savannah Air Center.

BAE Systems (UK)

BAE Systems is one of the key players in the aerospace, defense, and security sectors. The company operates through five segments: Electronic Systems, Cyber & Intelligence, Platforms & Services, Air, and Maritime. Its Electronic Systems segment offers electro-optical sensors, commercial digital engines, electronic warfare systems, military communications systems, and data links. The company provides various digital battlefield products and services for military platforms, advanced electronics, information technology, and customer services. It also develops and delivers advanced defense & aerospace systems for air, military, and naval forces. BAE Systems has a presence in Australia, India, Saudi Arabia, the UK, and the US, among other countries. Its subsidiaries are BAE Systems Integrated System Technologies (UK), BAE Systems Maritime – Submarines (UK), and BAE Systems Military Air & Information (UK).

Thales (France)

Thales is engaged in the design, development, and manufacture of advanced technology systems and services for aeronautics, ground transportation, security, space, and defense sectors. The company’s product portfolio comprises sonar, radar, passive detectors, protection systems, combat systems, surveillance systems, and intelligence systems. It also provides security, communications, cybersecurity, network, and infrastructure systems to its customers across the globe. Thales operates through four segments: Aerospace, Defense & Security, Digital Identity & Security, and Others. The Defense & Security segment consists of secure communications and information systems, land & air systems, and defense mission systems for armed and security forces. The company offers a broad range of digital battlefield-related systems for supporting tactical communications and command & control operations. It is one of the key providers of precise sighting, detection, and identification systems and solutions to the defense sector worldwide.

Related Reports:

Border Security Market by Domain (Land, Maritime, Airborne), Vertical (Military, Homeland Security), System (Surveillance Systems, Detection Systems, Communication Systems, Command and Control Systems), Installation & Region – Global Forecast to 2029

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
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