The market spending for hypersonic development by the US Department of Defense (DoD) is estimated to drop to $2.82 billion by 2025
SANTA CLARA, Calif., June 8, 2021 /PRNewswire/ — Frost & Sullivan’s recent analysis on hypersonic technology development within the United States finds that the ownership of hypersonic missiles by US adversary world powers is accelerating the nation’s expansion efforts of advanced hypersonic defense weapons. Since 2016, spending on hypersonic capability by the US Department of Defense (DoD) has risen ten-fold, from $350 million to $3.8 billion in 2020. By 2025, it is estimated to drop to $2.82 billion, with the Air Force and Navy leading the way in investments, followed by the Army. These offensive and defensive hypersonic weapons and platforms are expected to significantly transform the nation’s tactical and strategic military operations due to their speed, accuracy, and maneuverability.
For further information on this analysis, Speed, Accuracy, and Maneuverability of Hypersonic Weapons Will Fundamentally Change the Character of Warfare, please visit: http://frost.ly/5rw
“The enhanced speed of hypersonic boost-glide weapons will nullify current radar capabilities for early detection. As hypersonic missiles and aircraft become more widely used, defense against them must remain a priority,” said John Hernandez, Principal Aerospace & Defense Research Analyst at Frost & Sullivan. “In line with this goal, DoD funding for hypersonic technology is expected to remain steady.”
Hernandez added, “Further examination of the various defense hypersonic development segmentations shows that the most significant portion of planned spending is set aside for advanced development programs, followed by management support and basic/applied research.”
Market participants should focus on the following to tap into lucrative growth prospects:
- Acquisitions, mergers, and partnerships: Assess existing design reviews and prototypes to develop strategies to identify prospective partners, acquisitions, or mergers to meet demand once actual production begins.
- Counter hypersonics: Provide a comprehensive solution that can counter a solitary or a swarm of hypersonic missiles by rendering them effectively inert or completely terminated.
- Detection and tracking (DT): Companies with DT capabilities should consider partnering with satellite companies or enter into agreements that would integrate advanced sensors.
- Propulsion for hypersonics: Connectivity during hypersonic flight poses another challenge to developers, presenting an opening for communication firms to enter the market.
- Size, weight, and power (SWaP): Conventional missile makers must immediately begin developing smaller systems that can be integrated into various military aircraft and surface vessels.
Speed, Accuracy, and Maneuverability of Hypersonic Weapons Will Fundamentally Change the Character of Warfare is the latest addition to Frost & Sullivan’s Aerospace & Defense research and analyses available through the Frost & Sullivan Leadership Council, which help organizations identify a continuous flow of growth opportunities to succeed in an unpredictable future.
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