US Ammunition Market

The US ammunition market is projected to grow from USD 6.93 billion in 2026 to USD 12.13 billion in 2031 at a CAGR of 11.9% during the forecast period. The demand for ammunition is increasing due to higher artillery procurement, sustained training consumption, expansion of domestic manufacturing capacity, and continued modernization of combat platforms across the armed forces. In addition, stockpile replenishment efforts and multi-year defense contracts are providing better revenue visibility for manufacturers. Growing focus on readiness, rapid deployment capability, and precision munitions is further shaping procurement trends across calibers.

Major players in the US ammunition market include General Dynamics Ordnance and Tactical Systems (US), CSG (US), Northrop Grumman (US), Winchester Ammunition (US), and Hornady Manufacturing (US). These players have employed organic and inorganic growth strategies, including collaborations, acquisitions, product launches, partnerships, agreements, and expansions, to enhance their international footprint and capture a significant market share.

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For instance, in October 2023, General Dynamics Ordnance and Tactical Systems announced investments to expand its artillery ammunition production capacity to support increasing US Army demand. Such developments reflect the broader industry focus on scaling domestic output and securing multi-year procurement programs.

CSG (US)

CSG is an industrial and defense group active in defense manufacturing, automotive systems, aerospace, and ammunition production. Over the last few years, the company has expanded its presence in the US market, especially after acquiring businesses in the ammunition segment. Through its American subsidiaries, it is involved in cartridge production, component manufacturing, and distribution to commercial and government customers. In the US ammunition market, the company has built a stronger position by owning established ammunition brands that cater to civilian, law enforcement, and government buyers. It mainly focuses on small-caliber ammunition, including handgun and rifle cartridges. Its production facilities based in the US help support domestic supply and lower dependence on imports. Its operations mainly serve the commercial and tactical segments, which focus on consistent output and wider distribution reach.

Northrop Grumman (US)

Northrop Grumman is a US-based aerospace and defense company with operations across aeronautics systems, defense systems, mission systems, and space systems. Under its defense systems segment, the company develops and produces advanced munitions, propulsion technologies, and energetic materials. Its products support air, land, sea, and space platforms, mainly for the US Department of Defense and for allied countries. In the US ammunition market, the company has a solid presence in medium and large caliber ammunition, along with advanced and precision-guided munitions. It supplies artillery shells, mortar rounds, and key components used in tactical missile systems. It also focuses on propulsion systems and warhead technologies for guided weapons. Through long-term government contracts, it supports modernization programs and production capacity expansion. Its focus on advanced energetics, insensitive munitions, and next-generation guidance integration places it in the higher value side of the ammunition market.

Market Ranking

The US ammunition market is highly competitive and has five major companies influencing overall production strength, technology capabilities, and supply stability. General Dynamics Ordnance and Tactical Systems (US) holds a leading position in the large caliber and tactical ammunition space, mainly through its work in 155 mm artillery, mortar systems, and the operation of government-owned production facilities. Northrop Grumman (US) comes next with solid capabilities in advanced energetics, medium caliber systems, and precision guided munitions, which are integrated with modern fire control solutions. Winchester Ammunition (US) has a strong presence in small-caliber ammunition and serves commercial, law enforcement, and selected military contracts through large-scale domestic manufacturing. Hornady Manufacturing (US) supports the small caliber segment with precision-focused rifle and handgun ammunition, which is used widely in civilian and tactical markets. CSG adds competitive pressure through its US-based small caliber production and established distribution network catering to both commercial and government customers.

Related Reports:

US Ammunition Market by Rifle (5.56 MM, 7.62 MM), Handgun (9X19 MM, 5.7X28 MM), Autocannon (20 MM, 35 MM), Artillery (130 MM, 155 MM), Tank (105 MM, 120 MM), Mortar (81 MM, 120 MM), Naval (57 MM, 76 MM), Rocket (70 MM, 122 MM) - Forecast to 2031

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