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                    France-Algeria relations: Colonial past still dominates ties – DW (English)

                    What is to be made of the Cranes fans expecting Algeria to field a … – Monitor

                    Hungarian Town Worries New EV Battery Plant Will Destroy Water … – International Environmental Technology

                    Aviation's worst: Nigeria, Bangladesh, Algeria, Pakistan, Lebanon – eTurboNews | eTN

                    VESCO Algeria Signs Two MOUs with Elite Capital & Co. to Finance Two Dairy Farm and Greenhouse Projects – EIN News

                    ChatGPT app for iPhone now available in India; how to download, features and more – Business Today

                  • Egypt

                    Egypt approves local initiatives to convert vehicles to run on … – Ahram Online

                    Fawry signs agreement with WFP for cutting-edge multi-purpose cash-assistance platform in Egypt – ZAWYA

                    ‘You were a ray of sunlight’: 3 IDF troops killed in Egypt border shooting buried – The Times of Israel

                    Egypt to increase FY 2023/24 healthcare spending by 15 percent … – Ahram Online

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                  • Libya

                    LIBYA : TotalEnergies sparks tensions by choosing Basalt as its … – Africa Intelligence

                    Libya: Officials impose indefinite 20:00-06:00 curfew in Tobruk … – Crisis24

                    UBS considers delaying results after Credit Suisse rescue – FT – Yahoo Canada Finance

                    Eastern Libya forces stage mass deportation of Egyptian migrants – Reuters.com

                    Google celebrates life of Saudi novelist and critic Abdul Rahman … – Arabian Business

                    Ministry of Transport plans to develop Libya-Tunisia Ras Jedir … – Libya Update

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                      The 10 fastest high-speed trains in the world – Railway Technology

                      Morocco's King, After Long Trips Abroad, Works To 'Restore Authority' – Barron's

                      Morocco – ancient and seaside holiday cities, architectural wonders … – Budapest Times

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                      FVC to Showcase Latest Technology Offerings at GITEX Africa 2023 – ZAWYA

                      Amir Ohana To Visit Morocco In Early June, A First For Israel's … – i24NEWS

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                      • South Sudan

                        As Sudan war rages, country's health system nears breaking point – ABC News

                        Sudan: Clashes between SAF and RSF – Flash Update No. 14 (28 … – ReliefWeb

                        Sudan's army says it is committed to seven-day ceasefire mediated … – The National

                        COLUMN: Sudan at war; refugees at our door | Pius Kamau – Colorado Springs Gazette

                        Eritrea accused of forcibly repatriating civilians caught up in Sudan fighting – The Guardian

                        Mass exodus from Sudan as deadly fighting enters third week – FRANCE 24 English

                        Trending Tags

                        • Sudan

                          Sudan fighters take over Khartoum museum raising fears for safety … – Arab News

                          Saudi foreign ministry calls on Sudan factions to agree new ceasefire – Reuters

                          Sudan Country Refugee Response Plan Addendum, January … – ReliefWeb

                          US, Saudi Arabia urge Sudan's warring parties to agree to a new cease-fire, fighting continues – The San Diego Union-Tribune

                          Sudan: How the generals disappeared the people on the way to the … – African Arguments

                          RSF advisor: 'Hemedti is alive and is leading the battle in Sudan … – Radio Dabanga

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                          • Tunisia

                            EBRD First Vice President visits Tunisia – EBRD

                            Conservatives call out multinational corporations for supporting pride month in America, but not Middle East – Fox Business

                            Tax the wealthiest to avoid IMF, says Tunisia’s president – Al Jazeera English

                            Aberdeen linked with Ipswich Town midfielder and Tunisia international Idris El Mizouni – Aberdeen Live

                            Tunisia carry Arab hopes into knock-out stages of 2023 FIFA U-20 … – Arab News

                            Kenya's 'Kahawa Black,' Uganda's 'Big three' set for SA's Durban FilmMart – The East African

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                              ملتقى الاستثمار السنوي 2023 يناقش دور التكنولوجيا الرقمية في تصميم مدن المستقبل

                              Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

                              BZR on Coinstore – a Significant Milestone for Bazaars

                              BZR on Coinstore – a Significant Milestone for Bazaars

                              Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

                              Kaafmeem to Provide VIP Clothing for Saudi Motorsport Company during Formula1 event in KSA.

                              أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

                              أعرب 83٪ من المسلمين عن ولعهم بالمنتجات والخدمات الصديقة للبيئة ، وفقا لاستطلاع أجرته TGM Research

                              أوتيكو تتصدر ١٣٠٠٠ عينة بيئية تم تحليلها في ميناء تامان

                              أوتيكو تتصدر ١٣٠٠٠ عينة بيئية تم تحليلها في ميناء تامان

                              GCC health authorities and industry leaders meet to discuss pharma regulations and innovations

                              GCC health authorities and industry leaders meet to discuss pharma regulations and innovations

                              Trending Tags

                              • Middle east
                                يعزز تطبيق كام سكانر في الشرق الأوسط من خلال عرض عضوية متميزة و مجانية لمدة ثلاثين يوما

                                CamScanner Enhances User Experience in Middle East with Free 30-Day Premium Membership Offer

                                يعزز تطبيق كام سكانر في الشرق الأوسط من خلال عرض عضوية متميزة و مجانية لمدة ثلاثين يوما

                                يعزز تطبيق كام سكانر في الشرق الأوسط من خلال عرض عضوية متميزة و مجانية لمدة ثلاثين يوما

                                Global Project Management Forum kicks off Monday, June 12

                                Global Project Management Forum kicks off Monday, June 12

                                Global Project Management Forum kicks off Monday, June 12

                                انطلاق فعاليات المنتدى العالمي لإدارة المشاريع الإثنين المقبل

                                استكشاف الإمكانات غير المستغلة لطاقة النيوترينو

                                استكشاف الإمكانات غير المستغلة لطاقة النيوترينو

                                الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

                                الرياض تستضيف فعاليات الدورة الثانية من المنتدى العالمي لإدارة المشاريع

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                                  Integrated Security Services Market to grow at a CAGR of 14.6 percent to reach USD 47.77 Billion. by 2029

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                                  Precision Guided Munition Market will reach $41.0 billion by 2026

                                  admin by admin
                                  February 7, 2022
                                  in Press Releases
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                                  (EMAILWIRE.COM, February 07, 2022 ) The precision guided munition market includes major players Lockheed Martin Corporation (US), Boeing Company (US), Raytheon Technologies Corporation (US), Northrop Grumman Corporation (US), and BAE (Uk). These players have spread their business across various countries includes North America, Europe, Asia Pacific, and Rest of the World. COVID-19 has impacted their businesses as well. Industry experts believe that COVID-19 has affected missile defense system production and services globally in 2020.

                                  Increasing need for defense programs to defend nations against various threats

                                  The performance of US weapon systems is unmatched, ensuring that the US defense forces have a tactical combat advantage over any adversary in any weather condition. The Fiscal Year (FY) 2020 acquisition (Procurement and Research, Development, Test, and Evaluation (RDT&E)) funding requested by the US Department of Defense (DoD) totals USD 247.3 billion, which includes funding in the Base budget and the Overseas Contingency Operations (OCO) fund, totaling USD 143.1 billion for Procurement and USD 104.3 billion for RDT&E. The funding in the budget request represents a balanced portfolio approach to implement the military force objective established by the National Defense Strategy. Of the USD 247.3 billion in the request, USD 83.9 billion finances Major Defense Acquisition Programs (MDAPs), which are acquisition programs that exceed a cost threshold established by the Under Secretary of Defense for Acquisition and Sustainment..

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                                  According to the Missile Defense Agency, there has been an increase of over 1,200 additional ballistic missiles over the last 5 years. The total of ballistic missiles outside the US, the North Atlantic Treaty Organization, Russia, and China has risen to over 5,900. Hundreds of launchers and missiles are currently within the range of US deployed forces.

                                  Hence, the increasing need for defense programs by nations to defend against various threats is driving the precision guided munition market.

                                  The weapon system technology segment is projected to grow at the highest CAGR rate for the precision guided munition market during the forecast period.

                                  A weapon system plays an important role in precision guided munition majorly for land, air, and marine platforms. The weapon system segment has been further sub-segmented into interceptors, gun/turret systems, and missile launchers. The weapon system segment is projected to reach USD 40,967 million by 2026. In the Asia Pacific region, this segment is projected to register the highest CAGR of 5.4% during the forecast period.

                                  The hypersonic segment is projected to register the highest CAGR of 5.7% during the forecast period

                                  Based on speed, the precision guided munition market has been segmented into subsonic, supersonic, and hypersonic. Hypersonic precision-guided munitions are equipped with a propulsion system to enable them to attain a speed of Mach 5 or higher, which is five times faster than the speed of sound. Hypersonic precision-guided weapons are difficult to counter due to their high speed. Currently, these weapons are in a development phase and are expected to be operational in the near future.

                                  The hypersonic missiles threat type segment is projected to grow at the highest CAGR rate for the precision guided munition market during the forecast period.

                                  Based on speed, the precision guided munition market has been segmented into subsonic, supersonic, and hypersonic. Hypersonic precision-guided munitions are equipped with a propulsion system to enable them to attain a speed of Mach 5 or higher, which is five times faster than the speed of sound. Hypersonic precision-guided weapons are difficult to counter due to their high speed. Currently, these weapons are in a development phase and are expected to be operational in the near future.

                                  By product, the tactical missiles segment is estimated to account for the largest share (41.4%) of the precision guided munition market in 2021

                                  Based on product, the precision guided munition market has been segmented into tactical missiles, guided rockets, guided ammunition, torpedoes, and loitering munitions. Tactical missiles are used for a shorter range and can carry a variety of warheads that can be used for various purposes. They are very versatile and can be fired in various modes, angles, and platforms. These weapons are equipped with guidance technologies that enable them to hit targets with precision.

                                  The North American market is projected to contribute the largest share from 2021 to 2026

                                  North America is projected to be the largest regional share of precision guided munition market during the forecast period. Major companies such Northrop Grumman Corporation, Lockheed Martin, Boeing, Raytheon Technologies, and General Dynamics Corporation are based in the US. These players continuously invest in the R&D of new and advanced technology used in missile defense system.

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