United States (USA) Military Drones Market to Hit $5.73 Billion in 2024 [Yahoo! Finance]
Textron Inc. (TXT)
Last textron inc. earnings: 4/30 06:30 am
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Source: Yahoo! Finance
Wing, Rotary Wing, Hybrid) - Forecast to 2028" , The US Military Drones market is expected to reach USD 8.13 billion in 2023 from USD 5.73 billion in 2024, at a CAGR of 7.5% during the forecast period. UAVs in the US are widely used in military and security applications due to increased budgets. The US Navy is focusing on the development of UAVs that can be integrated into its naval fleet. The US Armed Forces are also exploring versatile and lethal Unmanned Combat Aerial Vehicles (UCAVs) and Military Unmanned Aerial Vehicles (MUAVs), such as Switchblade, to enhance their defense capabilities. Along with the military sector, the commercial sector is also expected to offer growth opportunities for military drones during the forecast period. The
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TXT
Earnings
- 1/22/25 - Beat
TXT
Sec Filings
- 4/2/25 - Form 4
- 3/4/25 - Form 4
- 3/4/25 - Form 4
- TXT's page on the SEC website