Artillery Ammunition News

Recent industry report about Artillery Ammunition company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Artillery Ammunition Market industry experts.

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Artillery Ammunition News

  • April 2023: BAE System plc announced carrying out demonstration firings with its next-generation 155mm artillery rounds and is targeting British Army requirements, including the Mobile Fires Platform and Lightweight Fires Platform.
  • February 2023: India announced that it would become the prime manufacturing hub for advanced 155mm artillery ammunition for all types of [155mm] artillery guns, which are operated by over 75 armies worldwide. Moreover, the Ministry of Defense announced that they have recently selected five domestic ammunition manufacturers to supply around two thousand 155mm terminally guided munitions (TGMs) for the Army's in-service 155mm guns of 39/45/52 caliber artillery guns. The 155mm TGM is the most advanced artillery ammunition.
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  • April 2024: Rheinmetall was awarded a contract by the Spanish authorities to supply 104,000 mortar projectiles in various caliber sizes, including 60 mm, 81 mm, and 120 mm, by the end of 2025.
  • November 2023: Rheinmetall received an order from the German government to supply Ukraine with around 100,000 rounds of 120 mm mortar ammunition. The deal is part of a EUR 400 million military aid package for the Armed Forces of Ukraine.

December 2023: The US State Department approved Saudi Arabia’s request to provide its air force with military training to address current and future threats. The foreign military sale of USD 1 billion covers the provision of flight training, technical training, and professional military education to the Royal Saudi Air Force (RSAF) and other related forces. Program management, trainers, simulators, travel, billeting, and medical support may also be included.

April 2021: The US Army awarded two major contracts worth more than USD 4 billion to Science Applications International Corp. for modeling and simulation systems engineering and hardware-in-the-loop development of simulation capabilities for the Aviation & Missile Center.

January 2021: Top Aces Corp announced that it received the first batch of its F-16 aircraft, which were to be used for military air training for the pilots who operate them.

October 2023: The US Space Systems Command announced its plans to issue a request for proposals in early 2024 for the development of the Evolved Strategic Satellite Communications System (ESS) constellation under a USD 8 billion contract.

October 2023: Airbus was awarded the Skynet Design Support (SDSC) contract by the UK to provide Design Authority reach back for the country's SKYNET 5 and 6A military satellite communications systems.

  • January 2023: The Department of Homeland Security announced that its science and technology directorate developed a portable gunshot detection system in collaboration with the Massachusetts-based Shooter Detection Systems company. Moreover, according to the department, the system known as SDS Outdoor can provide critical information about outdoor shooting incidents almost instantaneously to the first responders.
  • March 2022: An advanced gunshot detection system was installed and activated at the north wall of Syracuse University. Moreover, the system can detect and locate gunshot activity and automatically alert the Syracuse Police Department to enable a faster and more precise response to incidents. Moreover, the expansion of the system, which accounts for USD 171,000, is funded by the American Rescue Plan Act (ARPA) pandemic relief.
  • September 2023: ST Engineering entered into a collaboration agreement with Edge Group. Under the agreement, both companies will share solutions, services, and capabilities. The main areas of collaboration are small caliber ammunition, future soldier systems, unmanned technologies, and training & simulation.
  • March 2023: PT Pindad launched AM1, a new assault rifle variant. The company collaborated with EOS-T, an optical sight company from South Korea, for the design of the AM1 rifle. It is a NATO standard caliber of 5.56 mm x 45 mm. This weapon is fitted with a telescopic buttstock tube so that the user can adjust the length of the stock butt size.
  • January 2024: India made a significant announcement regarding the initiation of user trials for their domestically developed man-portable air defense missile systems. These systems are specifically designed to effectively eliminate hostile aircraft, drones, and helicopters at very short ranges.
  • January 2024: The Ukrainian armed forces reported the successful deployment of their FrankenSAM air defense systems. This deployment was a strategic response to counter offensive attacks from Russia. Notably, the newly deployed mechanism demonstrated its effectiveness by successfully neutralizing a Shahed kamikaze drone launched by Russia at a distance of five miles. This successful interception highlights the capabilities and efficiency of the Ukrainian air defense systems in the face of emerging threats.

  • December 2023: The Indian government announced that they have accorded initial approval for defense acquisition projects worth USD 2.67 million. The project will include the acquisition of 97 Tejas light combat aircraft and 156 Prachand combat helicopters. Moreover, 98% of the total procurement will be sourced from domestic industries, thereby giving a significant boost to the Indian defense industry.
  • February 2023: Air India announced they have selected market-leading Boeing aircraft, which includes the 737 MAX, 787 Dreamliner, and 777X aircraft. Moreover, Air India is in plans to acquire 190 737 MAXs, including 737-8s and 737-10s, with options for 50 more jets in order to serve the domestic as well as the international network.

In July 2023, the Australian government announced initiating the Land 200 Phase 3 initiative which will lead to the introduction of a next-generation battlefield command system for ground forces. Moreover, the project will help to provide battle management systems (BMS) as well as an integrated tactical communications network to the Australian Army.

In May 2023, the Indian Army announced fast-tracking the development as well as the implementation of a new battle management system and integrated surveillance centers which will aim to reduce the decision-making time amid growing tensions with China.

  • In October 2023, the Estonian Centre for Defence Investments awarded contracts to Turkish manufacturers Otokar and Nurol Makina to purchase roughly 230 armored vehicles for a total of about USD 211 million.
  • In June 2022, Israel awarded a USD 28 million contract to IAI for the purchase of hundreds of combat vehicles for the country’s special forces.
  • April 2023: Japan's Defense Ministry signed a contract worth USD 3 billion with Mitsubishi Heavy Industries Ltd. to develop and mass-produce long-range missiles for deployment by 2026. The contracts include advanced versions of Mitsubishi's Type 12 missiles for surface, sea, and air launches, as well as a hypersonic ballistic missile for the defense of remote islands.
  • May 2023: Japan and the UAE signed an agreement on defense equipment and technology transfers in a move that enables joint research, development, and production. The agreement comes as Japan started works on a next-generation fighter aircraft with the UK and Italy, which is likely to be marketed in these three countries and as well other countries, including Middle Eastern countries.
  • October 2022: The US approved the sale of 32 Standard Missile 6 Block I missiles and MK 21 vertical launch systems to Japan. The value of the contract was USD 450 million. Under the proposed sale, RTX Corporation will provide training equipment, spares, engineering services, and logistics support services.

Artillery Ammunition Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)