United States (US) Defense Market Size, Trends, Budget Allocation, Regulations, Acquisitions, Competitive Landscape and Forecast to 2031
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United States Defense Market – Size and trends, budget allocation, regulations, key acquisitions, competitive landscape and forecast, 2026-2031 report provides the market size forecast and the projected growth rate for the next five years. The report covers industry analysis including the key market drivers, emerging technology trends, and major challenges faced by market participants. It also offers insights regarding key factors and government programs that are expected to influence the demand for military platforms over the forecast period.
In 2026, the US defense budget grew, exhibiting an annual growth rate of 14.1%. The allocated budget for 2026 is $1,051 billion ($1.05 trillion), an increase from the previous year's $921 billion. The current budget reflects a rise from 2022, when foreign policy challenges became of greater importance to the Biden administration. This expansion was prompted by the Russian invasion of Ukraine, conflicts in the Middle East, and persistent tensions with China over territorial disputes in the Indo-Pacific region. The Trump administration now seeks to grow the defense budget further, perhaps as high as $1.5 trillion, to strengthen America’s military posture. A defense budget jump to $1,500 billion ($1.5 trillion) would represent a 42.8% increase in defense spending, though narrow Republican majorities in Congress raises questions about the future of the budget
Scope
This report offers a detailed analysis of United States' defense market, with market size forecasts covering the next five years. It also offers insights into the strategy, security environment and defense market dynamics of the country. Various sections covered in the report are as follows:
Defense Budget Assessment: This chapter covers the defense budgeting process, market size forecasts, drivers of expenditure, and allocation analysis. It also examines key market trends and insights.
Military Doctrine and Security Environment: Detailed analysis of military doctrine, strategic alliances, geopolitical dynamics, and the political, social, and economic factors influencing the security environment.
Market Entry Strategy and Regulations: This section elaborates on essential aspects of procurement policy and market regulations, market entry routes, key defense procurement bodies and major deals.
Market attractiveness and emerging opportunities: It evaluates the attractiveness of various defense sectors, indicating cumulative market value, and highlights the top sectors and defense segments by value in the country.
Defense Platforms Import and Export Dynamics: Provides an understanding of the defense platform imports and exports of the country from 2017 to 2024. Both imports and exports of the country are provided in terms of value ($M) and volume (units), categorized by country and sector.
Defense Platform Acquisitions: It offers an overview of defense platform acquisitions by value. It lists current defense procurement schedules for the major ongoing and planned military platforms that have been formulated in the country and elaborates on the reasons leading to the procurement of the same.
Fleet Size: Outlines the current fleet sizes of the Army, Air Force, and Navy, detailing the year of acquisition, units in service, and the prime contractor for the equipment.
Competitive Landscape: Profiles the main defense companies operating in the country, offering insights into their business overviews, latest contracts, and financial results.
Key Highlights
NATO's new spending target, America's global power projection, and strategic competition with China are all driving American defense expenditure
Major ongoing procurement program include procurement of the F-35, Golden Dome, and Virginia-class
Reasons to Buy
Determine prospective investment areas based on a detailed trend analysis of the United States defense market over the next five years
Gain in-depth understanding about the underlying factors driving demand for different defense and internal security segments in the United States market and identify the opportunities offered.
Strengthen your understanding of the market in terms of demand drivers, market trends, and the latest technological developments, among others
Identify the major threats that are driving the United States defense market providing a clear picture about future opportunities that can be tapped, resulting in revenue expansion
Channel resources by focusing on the ongoing programs that are being undertaken by the United States government
Make correct business decisions based on in-depth analysis of the competitive landscape consisting of detailed profiles of the top defense equipment providers in the country. The company profiles also includes information about the key products, alliances, recent contract awarded, and financial analysis, wherever available
RTX Corp
Lockheed Martin Corp
General Dynamics Corp
General Electric Co
Northrop Grumman Corp
Lockheed Martin Aeronautics Co
Collins Aerospace
Pratt & Whitney Co
GE Aviation
L3Harris Technologies Inc
Lockheed Martin Rotary and Mission Systems
Leidos Holdings Inc
BAE Systems Inc
Textron Inc
Lockheed Martin Missiles and Fire Control
Huntington Ingalls Industries Inc
Honeywell Aerospace
Northrop Grumman Aeronautics Systems
TransDigm Group Inc
Howmet Aerospace Inc
Northrop Grumman Electronic Systems (Inactive)
Spirit AeroSystems Holdings Inc
StandardAero Inc
Finmeccanica North America Inc. (Inactive)
Abaco Systems Inc
HEICO Corp
V2X Inc
Bell Textron Inc.
Raytheon Network Centric Systems (Inactive)
Leonardo DRS Inc
Woodward Inc
AAR Corp
Axon Enterprise Inc
Vista Outdoor Inc
PAE Inc
Aerojet Rocketdyne Holdings Inc
Panasonic Avionics Corporation
Vought Aircraft Industries
Inc. (Inactive)
The Aerospace Corp
Cirrus Aircraft Ltd
Kratos Defense & Security Solutions Inc
Triumph Group Inc
Doss Aviation Inc
Astronics Corp
Ducommun Inc
AeroVironment Inc
Kaman Corp
Willis Lease Finance Corp
Cadre Holdings Inc
Table of Contents
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