Airborne ISR Market Research Report - Global Forecast to 2027

Airborne ISR Market Information Report, By System (Sensor, Electronic Warfare, Maritime Petrol and AEWC), By Purpose (Surveillance, Reconnaissance and Intelligence) and By Region - Forecast To 2027

ID: MRFR/A&D/0826-CR | October 2016 | Region: Global | 120 pages

Market overview 


The airborne ISR is a technology that is used to collect information about an intruder. With the airborne ISR, it is possible to get the strength, activities and movements of an intruder. The ISR is an airborne intelligence surveillance and reconnaissance (ISR) operator. The airborne ISR creates possibilities to perform application such as recording, analyzing, identification and reporting. Today, the airborne ISR is a crucial part of the defence force’s decision making part. The airborne ISR is now a part of global military affairs. Many countries potential warfare capabilities have increased exceptionally. It is possible through advanced technologies such as the airborne ISR. The global market of the airborne ISR is gaining much popularity in recent years. Due to this, the global airborne ISR market size will grow by 4.10% in the forecast period of 2023. Also, the requirement of these warfare technologies is rising that ultimately fuels the overall airborne ISR market growth. 


Covid 19 analysis 


Due to the outbreak of the covid 19 virus several global markets has been severely affected. The airborne ISR global market is also facing plenty of challenges during this situation. The airborne ISR is a high-end technology with complex features. The number of end-users demanding the airborne ISR global market has declined during the pandemic. The manufacturing facilities and the supply chain have been affected. The airborne ISR supply cycle is a long process. The testing and technology evaluation is done before it reaches the new user. However, all these procedures came to a halt during the virus outbreak. However, the manufacturing and testing process is resuming. The global airborne ISR market trends are gradually recovering. Also, there are positive changes in the overall market growth. 


Market dynamics 



  • The crucial market drivers 


The growing importance of airborne isr services is driving the market growth. The rising demand for the UAV is a crucial demand driving factor for the airborne ISR market. Manned ISR aircraft are no longer a trend in the defence sector. Also, unmanned-aerial vehicles are the current trend of the market. The UAV’s are fully equipped with an engine, autopilot, isr platforms and sensors. The demand for this UAV is rising at an exponential pace in several regions. They are easily integrable with airborne ISR technology for any defence machine.


Also, these aerial vehicles offer easy, accurate and reliable information to the decisions marker. The growing investment of these UAV’s will ultimately drive the demand for airborne ISR. Secondly, due to economic prosperity, there is a prevalence of terror attacks and global security threats. It is enabling several countries to enhance their warfare capabilities. This airborne ISR is a crucial technology that can detect any trespasses. Also, it can effectively gather the information of the intruder. The prevalence of global threats is driving the demand for the airborne ISR market. 



  • The market growth opportunities 


The airborne ISR is a sophisticated technology. There are always new developments in the airborne ISR. Also, technological advancements create exceptional growth opportunities for the market. The visuals and surveillance capabilities are under development. There are new features added to the airborne ISR. Also, the airborne isr operator civilian opportunities are available for the market. All these technological development offers potential growth opportunities in the forecast year.


The isr sensor systems are also undergoing new developments that will ultimately increase market growth opportunities. Also, the launch of hybrid airborne ISR offers a further growth rate to the market. Moreover, many regions are increasing their R&D on airborne ISR technology. It provides a promising future for the airborne ISR market. With the increasing research and isr report, the technology can be used for versatile purposes. All these aspects provide excellent market expansion possibilities. 



  • The market restraints 


Today, national security threats increasing at an alarming rate. The threats are unexpected and dynamic. The airborne ISR technology is designed with preprogrammed commands to act for specific purposes. However, it cannot detect any unexpected actions of the intruder. The ISR airborne technology needs to address the current threats and the solutions to act effectively on them. Therefore, there is a serious need to increase the data storage, accessibility, analyzation and communication of this information. The system requires simultaneous elevation of security features. These updates may also be expensive. The lack of these features and some technical difficulties are significant restraint in this market. 



  • The market challenges 


The integration of the airborne ISR with the manned-aerial vehicles’ is a complex task. Also, the transformation of manned to unmanned vehicles to integrate the ISR requires massive investment. The transformation process from manned to unnamed vehicles can take a long time. All these aspects are crucial challenges in the market. The lack of investment or funds to purchase manned-aerials is the crucial barriers in this market. Also, the complexities in integrating the ISR airborne in an unmanned aerial are another challenge in this market. These significant challenges can decline the overall growth rate of the global airborne ISR market. 



  • The cumulative growth analysis 


The airborne ISR provides situational awareness in real-time. The procurement of advanced airborne ISR technology is happening at a rapid pace. Due to their advantageous application, the market growth remains uniform. The global airborne ISR market trends remain positive. The market has both exceptional driver and significant challenges. The prevalence of global security threats is immensely propelling the airborne ISR market demand. However, the need for frequent security updates can create challenges in this market. The technological advancements in this market will provide a prosperous growth opportunity. Due to these factors, the adoption rate of the airborne ISR system will rise at a high rate. 



  • The value chain analysis 


The airborne ISR market has three crucial segments that are sensors, maritime petrol and electronic warfare. The electronic warfare segment is witnessing massive demand in the forecast period. The sensor segment is the fastest-growing part of the overall market. As per the airborne isr market report, North America will lead the global airborne ISR market in the forecast year 2023. However, the growth rate is uniform till 2023. The growth level will not increase. After 2023, there are high possibilities for an increasing market trend. In North America, the rising demand for unmanned-aerial vehicles is driving demand for airborne ISR. Also, the massive investments in the airborne isr payloads are another demand driving aspect in this region. However, the outbreak of covid 19 and budget issues are hampering the growth rate in this region. The technological advancement enables further growth in this region. 


Market segment 


By type 



  • Unmanned vehicle 

  • Manned vehicle 


By Application 



  • Signals Intelligence

  • Maritime Patrol

  • Airborne Ground Surveillance

  • Airborne Early Warnings


By geography 



  • North America 

    • US 

    • Canada



  • Europe 

    • France 

    • Germany 

    • Russia 

    • United Kingdom 



  • Asia pacific 

    • South Korea 

    • India 

    • China 



  • Japan 


Regional analysis 


The US is the leading country in the defence market. The US and Canada are the key contributors to the North American regional market. The profitability and growth rate is high in this region. The US collaboration and procurement of airborne ISR is fostering in the forecast period. Moreover, Europe is the second-largest airborne ISR market in the world. The high investments in these areas are propelling the overall market growth. Moreover, the research and isr reports are offering new application of the airborne ISR. In the airborne isr conference, it was assumed that Asia pacific will be the fastest-growing market in the forecast year. The growth rate is quicker than in other markets. The increasing requirement for a situational awareness system is raising the demand in this region. The well-established air scan the airborne isr company is fuelling the market growth. 


Competitive landscape 


The competition is several in the airborne ISR market. There are plenty of key players with effective market strategies. The key player of the market is establishing expansion the key players of the market are planning for new acquisitions and market growth strategies in the forecast year. 


The key players of the market are 



  • Boeing (US)

  • BAE Systems (UK)

  • Elbit Systems Ltd (Israel) 

  • FLIR Systems Inc (US)

  • Northrop Grumman (US)

  • General Dynamics (US)

  • Thales (France)

  • Raytheon (US)

  • UTC Aerospace Systems (US)


Recent developments 



  • The key player in the market is developing compact airborne ISR systems for the defence forces in regions. These ISR systems can fulfil the specific needs of the end-users in the regional areas. 

  • The key players of the market are increasing their in-house manufacturing capabilities. It is an effective method that offers high profitability for the companies. It also enables them to establish a strong regional base.

  • The key players of the market are involving in various cost-cutting methods. They are trying to reduce the R&D costs on the ISR technology developments. 


Report overview 



  1. Market overview highlights 

  2. Analysis based upon COVID 19

  3. Explanation upon the Market Dynamics

  4. Value chain analysis

  5. Market segmentation overview

  6. The regional analysis

  7. Competitive landscape analysis

  8. Recent Developments



Frequently Asked Questions (FAQ) :


With a CAGR of 4.10%, the market will forge an encouraging course of development.

FLIR Systems Inc (U.S.), Thales (France), Elbit Systems Ltd (Israel) are the worthy contenders in the market.

The global market will gain the figure of USD 27,786.6 million by 2023 in terms of revenue.

The growing complexity of military affairs is estimated to have a profound impact on overall market growth.

The North American region holds a substantial lead in the development of the overall market.

1 Executive Summary

2 Introduction

2.1 Definition 14

2.2 Scope Of The Study 14

2.3 Assumptions 14

2.4 Market Structure 15

3 Research Methodology

3.1 Research Process 16

3.2 Primary Research 16

3.3 Secondary Research 17

3.4 Market Size Estimation 17

3.5 Forecast Indicators & Analysis 19

4 Market Dynamics

4.1 Introduction 20

4.2 Market Drivers 20

4.2.1 Growing Demand For UAVs 20

4.2.2 Increasing Investments On ISR Payloads 21

4.2.3 Development Of Multi-Role UAV Remote Sensors 21

4.3 Market Restraints 22

4.3.1 Complexity Of Data Sets 22

4.3.2 Defence Budget Cuts 22

4.3.3 Issues Associated With Maritime Surveillance Radar 23

4.4 Market Opportunities 23

4.4.1 Introduction Of Stealth ISR Aircraft 23

4.4.2 Introduction Of Wireless Sensors 24

4.4.3 Shift Towards En Route Command And Control 25

5 Market Factor Analysis

5.1 Porter’s Five Forces Analysis 26

5.1.1 Threat Of New Entrants 26

5.1.2 Bargaining Power Of Suppliers 27

5.1.3 Bargaining Power Of Buyers 27

5.1.4 Threat Of Substitute 27

5.1.5 Rivalry 27

5.2 Value Chain Analysis 28

6 Global Airborne ISR Market, By System

6.1 Introduction 29

6.1.1 Sensor 31

6.1.2 Electronic Warfare 32

6.1.3 Maritime Petrol 32

6.1.4 AEWC 32

7 Global Airborne ISR Market, By Purpose

7.1 Introduction 33

7.1.1 Surveillance 35

7.1.2 Reconnaissance 35

7.1.3 Intelligence 36

8 Global Airborne ISR Market, By Region

8.1 Introduction 37

8.2 North America 40

8.2.1 U.S. 43

8.2.2 Canada 44

8.2.3 Mexico 46

8.3 Europe 47

8.3.1 Russia 50

8.3.2 France 51

8.3.3 Germany 52

8.3.4 UK 53

8.3.5 Rest Of Europe 54

8.4 Asia Pacific 56

8.4.1 China 59

8.4.2 Japan 60

8.4.3 India 61

8.4.4 Australia 62

8.4.5 Rest Of Asia Pacific 63

8.5 South America 64

8.5.1 Brazil 67

8.5.2 Argentina 68

8.5.3 Peru 69

8.5.4 Rest Of South America 70

8.6 Middle East & Africa 72

8.6.1 UAE 75

8.6.2 Saudi Arabia 76

8.6.3 Israel 77

8.6.4 Rest Of Middle East & Africa 78

9 Competitive Landscape

9.1 Introduction 80

9.2 Product Launch 81

9.3 Contract 82

9.4 Partnership 83

10 Company Profiles

10.1 BAE Systems 84

10.1.1 Company Overview 84

10.1.2 Product/Business Segment Overview 84

10.1.3 Financial Overview 85

10.1.4 Key Developments 86

10.1.5 Strategy 87

10.1.6 SWOT Analysis 88

10.2 Lockheed Martin 89

10.2.1 Company Overview 89

10.2.2 Product/Business Segment Overview 89

10.2.3 Financial Overview 90

10.2.4 Key Developments 91

10.2.5 Strategy 91

10.2.6 SWOT Analysis 92

10.3 Northrop Grumman 93

10.3.1 Company Overview 93

10.3.2 Product/Business Segment Overview 93

10.3.3 Financial Overview 94

10.3.4 Key Developments 95

10.3.5 Strategy 96

10.3.6 SWOT Analysis 96

10.4 UTC Aerospace Systems 97

10.4.1 Company Overview 97

10.4.2 Product/Business Segment Overview 97

10.4.3 Financial Overview 99

10.4.4 Key Developments 100

10.4.5 Strategy 100

10.4.6 SWOT Analysis 101

10.5 General Dynamics 102

10.5.1 Company Overview 102

10.5.2 Product/Business Segment Overview 102

10.5.3 Financial Overview 103

10.5.4 Strategy 104

10.5.5 SWOT Analysis 104

10.6 Raytheon 105

10.6.1 Company Overview 105

10.6.2 Product/Business Segment Overview 105

10.6.3 Financial Overview 106

10.6.4 Strategy 106

10.6.5 SWOT Analysis 107

10.7 Thales 108

10.7.1 Company Overview 108

10.7.2 Financial Overview 108

10.7.3 Product/Business Segment Overview 109

10.7.4 Strategy 109

10.7.5 SWOT Analysis 110

10.8 FLIR Systems Inc. 111

10.8.1 Company Overview 111

10.8.2 Product/Business Segment Overview 111

10.8.3 Financial Overview 112

10.8.4 Key Developments 112

10.8.5 SWOT Analysis 113

10.9 Elbit Systems Ltd 114

10.9.1 Company Overview 114

10.9.2 Product/Business Segment Overview 114

10.9.3 Financial Overview 114

10.9.4 Strategy 115

10.9.5 SWOT Analysis 116

10.10 Boeing 117

10.10.1 Company Overview 117

10.10.2 Product/Business Segment Overview 117

10.10.3 Financial Overview 117

10.10.4 Strategy 118

10.10.5 SWOT Analysis 119

11 List Of Tables

TABLE 1 GLOBAL AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 31

TABLE 2 GLOBAL AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 35

TABLE 3 GLOBAL AIRBORNE ISR MARKET, BY REGION, 2020-2027 (USD MILLION) 39

TABLE 4 NORTH AMERICA AIRBORNE ISR MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 42

TABLE 5 NORTH AMERICA AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 42

TABLE 6 NORTH AMERICA AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 43

TABLE 7 U.S. AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 43

TABLE 8 US AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 44

TABLE 9 CANADA AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 45

TABLE 10 CANADA AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 45

TABLE 11 MEXICO AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 46

TABLE 12 MEXICO AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 46

TABLE 13 EUROPE AIRBORNE ISR MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 49

TABLE 14 EUROPE AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 49

TABLE 15 EUROPE AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 50

TABLE 16 RUSSIA AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 50

TABLE 17 RUSSIA AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 51

TABLE 18 FRANCE AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 51

TABLE 19 FRANCE AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 52

TABLE 20 GERMANY AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 52

TABLE 21 GERMANY AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 53

TABLE 22 UK AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 53

TABLE 23 UK AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 54

TABLE 24 REST OF EUROPE AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 54

TABLE 25 REST OF EUROPE AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 55

TABLE 26 ASIA PACIFIC AIRBORNE ISR MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 58

TABLE 27 ASIA PACIFIC AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 58

TABLE 28 ASIA PACIFIC AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 59

TABLE 29 CHINA AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 59

TABLE 30 CHINA AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 60

TABLE 31 JAPAN AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 60

TABLE 32 JAPAN AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 61

TABLE 33 INDIA AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 61

TABLE 34 INDIA AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 62

TABLE 35 AUSTRALIA AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 62

TABLE 36 AUSTRALIA AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 63

TABLE 37 REST OF ASIA PACIFIC AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 63

TABLE 38 REST OF ASIA PACIFIC AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 64

TABLE 39 SOUTH AMERICA AIRBORNE ISR MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 66

TABLE 40 SOUTH AMERICA AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 66

TABLE 41 SOUTH AMERICA AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 67

TABLE 42 BRAZIL AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 67

TABLE 43 BRAZIL AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 68

TABLE 44 ARGENTINA AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 68

TABLE 45 ARGENTINA AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 69

TABLE 46 PERU AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 69

TABLE 47 PERU AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 70

TABLE 48 REST OF SOUTH AMERICA AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 70

TABLE 49 REST OF SOUTH AMERICA AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 71

TABLE 50 MIDDLE EAST & AFRICA AIRBORNE ISR MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 74

TABLE 51 MIDDLE EAST & AFRICA AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 74

TABLE 52 MIDDLE EAST & AFRICA AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 75

TABLE 53 UAE AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 75

TABLE 54 UAE AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 76

TABLE 55 SAUDI ARABIA AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 76

TABLE 56 SAUDI ARABIA AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 77

TABLE 57 ISRAEL AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 77

TABLE 58 ISRAEL AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 78

TABLE 59 REST OF MIDDLE EAST & AFRICA AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 78

TABLE 60 REST OF MIDDLE EAST & AFRICA AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 79 

12 List Of Figures

FIGURE 1 RESEARCH PROCESS OF MRFR 16

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH 18

FIGURE 3 DRIVERS, RESTRAINTS, AND OPPORTUNITIES OF GLOBAL AIRBORNE ISR MARKET 20

FIGURE 4 PORTER’S FIVE FORCES ANALYSIS 26

FIGURE 5 VALUE CHAIN ANALYSIS 28

FIGURE 6 GLOBAL AIRBORNE ISR MARKET SHARE, BY SYSTEM, 2020 (%) 30

FIGURE 7 GLOBAL AIRBORNE ISR MARKET, BY SYSTEM, 2020-2027 (USD MILLION) 30

FIGURE 8 GLOBAL AIRBORNE ISR MARKET SHARE, BY PURPOSE, 2020 (%) 34

FIGURE 9 GLOBAL AIRBORNE ISR MARKET, BY PURPOSE, 2020-2027 (USD MILLION) 34

FIGURE 10 GLOBAL AIRBORNE ISR MARKET SHARE (%), BY REGION, 2020 38

FIGURE 11 GLOBAL AIRBORNE ISR MARKET, BY REGION, 2020-2027 (USD MILLION) 38

FIGURE 12 NORTH AMERICA AIRBORNE ISR MARKET SHARE (%), 2020 41

FIGURE 13 NORTH AMERICA AIRBORNE ISR MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 41

FIGURE 14 EUROPE AIRBORNE ISR MARKET SHARE (%), 2020 48

FIGURE 15 EUROPE AIRBORNE ISR MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 48

FIGURE 16 ASIA PACIFIC AIRBORNE ISR MARKET SHARE (%), 2020 57

FIGURE 17 ASIA PACIFIC AIRBORNE ISR MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 57

FIGURE 18 SOUTH AMERICA AIRBORNE ISR MARKET SHARE (%), 2020 65

FIGURE 19 SOUTH AMERICA AIRBORNE ISR MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 65

FIGURE 20 MIDDLE EAST & AFRICA AIRBORNE ISR MARKET SHARE (%), 2020 73

FIGURE 21 MIDDLE EAST & AFRICA AIRBORNE ISR MARKET, BY COUNTRY, 2020-2027 (USD MILLION) 73

FIGURE 22 BAE SYSTEM: RECENT FINANCIALS 85

FIGURE 23 BAE SYSTEM: SEGMENTAL REVENUE, 2020 (%) 85

FIGURE 24 BAE SYSTEM: GEOGRAPHIC REVENUE, 2020 (%) 86

FIGURE 25 BAE SYSTEMS: SWOT ANALYSIS 88

FIGURE 26 LOCKHEED MARTIN: RECENT FINANCIALS 90

FIGURE 27 LOCKHEED MARTIN: GEOGRAPHIC REVENUE, 2020 (%) 90

FIGURE 28 LOCKHEED MARTIN: SWOT ANALYSIS 92

FIGURE 29 NORTHROP GRUMMAN: RECENT FINANCIALS 94

FIGURE 30 NORTHROP GRUMMAN: GEOGRAPHIC REVENUE, 2020 (%) 94

FIGURE 31 NORTH GRUMMAN: SWOT ANALYSIS 96

FIGURE 32 UTC AEROSPACE SYSTEMS: RECENT FINANCIALS 99

FIGURE 33 UTC AEROSPACE SYSTEMS: GEOGRAPHIC REVENUE, 2020 (%) 99

FIGURE 34 UTC AEROSPACE SYSTEMS: SWOT ANALYSIS 101

FIGURE 35 GENERAL DYNAMICS: RECENT FINANCIALLS (USD MILLION) 103

FIGURE 36 GENERAL DYNAMICS: GEOGRAPHIC REVENUE, 2020 (%) 103

FIGURE 37 GENERAL DYNAMICS: SWOT ANALYSIS 104

FIGURE 38 RAYTHEON: RECENT FINANCIALS 106

FIGURE 39 RAYTHEON: GEOGRAPHIC REVENUE, 2020 (%) 106

FIGURE 40 RAYTHEON: SWOT ANALYSIS 107

FIGURE 41 THALES GROUP: RECENT FINANCIALS 108

FIGURE 42 THALES GROUP: GEOGRAPHIC REVENUE, 2020 (%) 109

FIGURE 43 THALES: SWOT ANALYSIS 110

FIGURE 44 FLIR SYSTEMS: RECENT FINANCIALS 112

FIGURE 45 FLIR SYATEM: GEOGRAPHIC REVENUE, 2020 (%) 112

FIGURE 46 FLIR SYSTEM: SWOT ANALYSIS 113

FIGURE 47 ELBIT SYSTEMS LTD.: RECENT FINANCIALS 114

FIGURE 48 ELBIT SYSTEMS LTD.: GEOGRAPHIC REVENUE, 2020 (%) 115

FIGURE 49 ELBIT SYSTEMS LTD: SWOT ANALYSIS 116

FIGURE 50 BOEING: RECENT FINANCIALS 117

FIGURE 51 BOEING: GEOGRAPHIC REVENUE, 2020 (%) 118

FIGURE 52 BOEING: SWOT ANALYSIS 119