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3. Military Radar Companies - RTX Corporation (US) and Lockheed Martin Corporation (US) are the Key Players

The Military Radar Market is valued at USD 14.1 billion in 2024 and is projected to reach USD 18.4 billion by 2029, at a CAGR of 5.4% from 2024 to 2029. The military radar market encompasses the development, production, and deployment of radar systems specifically designed for defense and military applications. These systems are utilized by armed forces and defense agencies to enhance situational awareness, target detection, tracking, surveillance, and reconnaissance capabilities. The report covers the use of military radars across military applications, such as airspace monitoring and traffic management, air and missile defense, weapon guidance, ground surveillance and intruder detection, airborne mapping, navigation, maritime patrolling, and search and rescue operations. It also covers platforms, such as land, airborne, naval, and space-based military radars. The dimensions of military radars covered in the report include 2D, 3D, and 4D, whereas the frequency bands include HF/UHF/VHF-band, L-band, S-band, C-band, X-band, Ku-band, Ka-band, and multi-band.

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

Major Military Radar companies include:

• RTX Corporation (US)
• Thales (France)
• Lockheed Martin Corporation (US)
• Leonardo S.P.A (Italy)
• Israel Aerospace Industries (Israel)

RTX Corporation (US)

RTX Corporation is one of the largest aerospace and defense conglomerates globally, recognized for its significant revenue and market capitalization. The company excels in researching, developing, and manufacturing advanced technology products for the aerospace and defense industry. Its product portfolio includes aircraft engines, avionics, aerostructures, cybersecurity solutions, guided missiles, air defense systems, satellites, and drones. Additionally, RTX Corporation is a major military contractor, deriving a substantial portion of its revenue from the US government.

The Company has three major segments or subsidiaries: Collins Aerospace, Pratt & Whitney, and Raytheon. The company deliver disruptive technologies and solutions to civil, military, and commercial customers in more than 40 countries worldwide. Raytheon Missiles & Defense produces a broad portfolio of advanced technologies, including air & missile defense systems, precision weapons, radars, and command & control systems, which deliver end-to-end solutions to detect, track, and engage threats. The company also provides products, services, and solutions for the digital battlefield under the Collins Aerospace segment to its customers worldwide. It offers state-of-the-art products & services, mission systems integration, and mission support for customers in over 80 countries across the globe.

Lockheed Martin Corporation (US)

Lockheed Martin Corporation (US) is one of the leading global companies specializing in the manufacture, design,  research, development, 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 Aeronautics segment focuses on the research, design, development, manufacture, integration, and upgrade of military aircraft, including combat and air mobility aircraft as well as unmanned air vehicles.

The rotary and mission systems segment design, manufacture, and support 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. 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. The space segment is engaged in the research, design, development, engineering & manufacture of space transportation systems and advanced strike & defensive systems.

Lockheed Martin Corporation has around 572 manufacturing plants in over 500 cities across 50 states in US. Some of the subsidiaries of Lockheed Martin include Lockheed Martin UK Limited (UK), Lockheed Martin Global, Inc. (US), Lockheed Martin Australia Pty Limited (Australia), Lockheed Martin Canada Inc. (Canada), and Lockheed Martin Logistics Management, Inc. (US).

Thales (France)

Thales specializes in designing, manufacturing, and developing advanced technology systems and services for diverse applications across aeronautics, ground transportation, security, space, and defense sectors. The company's product portfolio encompasses sonar, radar, passive detectors, protection, combat, surveillance, and intelligence systems. Additionally, Thales offers security, communications, cybersecurity, network, and infrastructure systems to its global clientele.

Thales operates through 4 business segments: aerospace, defense & security, and digital identity & security, and others. The aerospace segment is involved in developing onboard systems, solutions, and services for commercial airlines and air defense customers. The company designs a wide range of radars, which can be used for surveillance, fire control, and multifunction purposes. It is a leading supplier of intelligence, surveillance, target acquisition, and reconnaissance (ISTAR) systems, specifically for UAV-based battlefield surveillance.

Thales is a leading provider of precise sighting, detection, and identification systems and solutions for the global defense industry. It also develops advanced systems to meet the operational needs of maritime patrol and surveillance, as well as land, air, and space surveillance. The defense and security segment includes secure communication and information systems, land and air systems, and defense mission systems for armed and security forces. The company offers a comprehensive range of digital battlefield systems to support tactical communication and command and control operations.

Israel Aerospace Industries (IAI) (Israel)

Israel Aerospace Industries (IAI) primarily designs, manufactures, and provides a wide range of products for commercial aviation, defense, and homeland security sectors. The company operates through the Aviation Group and Military Groups. It offers digital battlefield products, services, and solutions to customers worldwide. IAI also provides UAVs, business jets, and a range of systems such as defense electronics, defensive & offensive naval weapons, electronic warfare solutions, and theater defense & airborne radars. The company offers surveillance radars for land, coastal, airborne, and naval applications. Its ground-based products can be fixed, mobile, or transportable, depending on user requirements. One of its subsidiaries, ELTA Systems Ltd. (Israel), provides defense products manufactured by the company, which are used for intelligence gathering, surveillance, target acquisition and reconnaissance, homeland security, and fire control applications.

Leonardo S.P.A (Italy)

Leonardo S.p.A. is a leading provider of technological solutions to the aerospace, defense, and security sectors worldwide. The company serves as a reliable long-term partner and solution provider for several institutions, government, and business customers worldwide. It offers innovative airborne & terrestrial, naval & maritime, and space & cyberspace solutions to its customers across the globe. The business segments include helicopters, defense electronics and security, aircrafts, aerostructures and space.

Leonardo S.p.A. operates with a broad network of subsidiaries and joint ventures across the globe. It has an international commercial network in about 40 countries, including US, UK, and Poland across the globe. The company is engaged in R&D programs to improve its product offerings in several sectors, including defense, security, and aerospace. Its subsidiaries and joint ventures include Sistemi Dinamici SpA (Italy), Telespazio Group (Italy), DRS Technologies Group (US), Thales Alenia Space Group (Italy), and MBDA Group (France).

Related Reports:

Military Radar Market by Platform, Product Type (Surveillance and Early Airborne Warning Radar, Tracking and Fire Control Radar, Multi Function Radar, Airborne Moving-Target Indication (MTI) Radar), Frequency Band, Dimension - Global Forecast to 2029

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