Next Generation Technologies Report Defense Market Research Report - Industry Size. | Page 3

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Japan , and China who are heavily spending on defense equipment . The Middle East and Africa regions thatare characterized by low-income nations are investing heavily in defense equipment in order to safeguard the economic development of their country . Saudi Arabia is a major economy in the Middle East region with their military budget listedamong the top 10 in the world .
The key manufacturers in the market include United Technologies ( UTX ), L-3 Communications ( LLL ), Finmeccanica , EADS , Northrop Grumman , Raytheon , General Dynamics , BAE Systems , Lockheed Martin , and Boeing . The other manufacturers include CACI International , ITT Exelis , Pratt & Whitney , General Electric , Honeywell , Computer Sciences Corp ., and Oshkosh .
United Technologies manufactures a wide array of defense equipment including the Black Hawk and Seahawk Helicopters . L-3 Communications are majorly into the manufacturingof command control communications and national security solutions . Finmeccanica is an Italian manufacturer of arms , helicopters , and security electronics . The European Aeronautic Defense and Space Company ( EADS ) is a Dutch manufacturer of arms and helicopters . EADS and BAE Systems attempted a merger in 2012 but the merger was called off when the chancellor of Germany expressed concerns over the merger . Northrop Grumman is majorly into the manufacturingof aircraft , missiles electronics , ships , and space equipment . The company gains maximum revenue from the sales of arms . Raytheon is well-known manufacturer of Tomahawk cruise missile . The company is majorly into the manufacturing of electronics and missiles . General Dynamics is the third largest supplier of defense equipment to the U . S government . The company majorly manufactures artillery , vehicles , electronics , ships , and small arms . BAE Systems are the largest non-U . S company manufacturing electronics , aircraft , space equipment , and missiles . Lockheed Martin is the leading company manufacturing defense equipment . The product portfolio of the company
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