Defense Industry

Statistics and Market Data about the Defense Industry

Defense Industry statistics In this section, Statista presents the most relevant and up-to-date facts relating to the defense industry.

While the civil population thought the Cold War was long over, the political leaders of China, the Middle East, Israel and Russia are increasingly spending billions of dollars in military expenditure, and even despite massive cuts in the U.S. defense budget, Obama is believed to have splashed out some 26 billion U.S. dollars on unmanned aircraft system (commonly known as drones) operations in 2013. Overall, the United States holds the largest share of worldwide military outlays: The country accounts for around 40 percent of global defense spending.

Boeing, EADS/Airbus, United Technologies, Raytheon, Northrop Grumman and General Atomics Aeronautical Systems are ranked among the global leading aerospace and defense technology companies. Worldwide, the sectors most likely to emerge as drivers of growth for the defense industry include intelligence, surveillance, target acquisition and reconnaissance (ISTAR) technologies, the cyber-security sector, as well as the application of military technology innovations. Military aircraft are expected to play an important part in supporting operations affiliated with ISTAR or ISR (intelligence, surveillance and reconnaissance) technologies. Symantec, McAfee, Trend Micro and EMC are among the key security software providers worldwide.

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