Command and Control Systems Market

Raytheon Company, General Dynamics Corporation and Lockheed Martin Corporation are Leading Players in the Command and Control Systems Market

The global command and control systems market size is projected to grow from USD 33.0 billion in 2019 to USD 43.9 billion by 2025, at a CAGR of 4.9% from 2019 to 2025. The growth of the market across the globe can be attributed to the new installations of command and control systems in emerging economies, and ongoing upgrades to existing systems in developed countries.

Raytheon Company (US), General Dynamics Corporation (US), Lockheed Martin Corporation (US), Saab AB (Sweden), Thales Group (France), the Boeing Company (US), among others are some of the leading players operating in the command and control systems market. These players have adopted various organic and inorganic growth strategies to strengthen their position in the market, such as new product developments, contracts, partnerships, joint ventures agreements, collaborations, acquisitions and research & development (R&D) activities to further expand their presence in the command and control systems market.

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Raytheon Company is one of the leading players in the command and control systems industry. It has a strong presence in North America, with approximately 72% of its revenue being generated in this region. The company has a diverse product portfolio. It offers various command and control military planning tools that use data analytics based on Artificial Intelligence (AI) and have high levels of data encryption. It provides products for land, naval, and airborne platforms. In December 2018, Raytheon secured a contract worth USD 693 million from the US Army to produce Swedens patriot integrated air and missile defense system, including spare parts, support, and training. Due to this contract, Raytheon strengthened its geographic presence in Europe, offering advanced command and control technology.

General Dynamics Corporation ranks second in the command and control systems market and has a strong presence in North America, especially in the US. Approximately 81% of its revenue in 2018 was generated from North America. The company is a key manufacturer of nuclear ballistic missile guidance and control systems. It also offers advanced battle planning integrated with intelligence, surveillance, and reconnaissance capabilities. In August 2017, General Dynamics secured a four-year contract worth USD 105 million from the US Marine Corps for Common Aviation Command & Control System (CAC2S).

Lockheed Martin Corporation secures the third position in the command and control systems market. The company also has a strong presence in the US, with approximately 72% of its revenue being generated in North America. The company offers advanced products and solutions, including command and control systems for airborne, space, naval and land platforms. Its applications include integrated air & missile defense, battle management, situational awareness, among others. In August 2019, Lockheed Martin secured a contract worth USD 320 million from the US Missile Defense Agency (MDA) for the provision of the command, control, battle management, and communications (C2BMC) system. In this contract, Lockheed Martin integrated the long-range discrimination radar, as well as sensors that provide advanced tracking capabilities for emerging threats into the Ballistic Missile Defense System (BMDS).

Related Reports:

Command and Control Systems Market by Application (Government & Defense, and Commercial), Solution (Hardware, Software, Services), Platform (Land, Airborne, Maritime, and Space), Installation Type, Installation Base, and Region–Global Forecast to 2025

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Report Code
AS 6167
RI Published ON
1/10/2020
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