Undersea Warfare Systems Market

Global Undersea Warfare Systems Market Focus on Weapons and Countermeasures, Sensors and Sonars, Unmanned Underwater System, Communication System and Airborne Detection System Analysis & Forecast: 2019-2024 July 2019 TOC

Global Undersea Warfare Systems Market

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Global Undersea Warfare Systems Market

Preface The global undersea warfare systems market is expected to witness a significant growth over the forecast period 2019-2024, due to the growing demand for underwater security. Moreover, there are various countries that are actively increasing their defense spending to procure defense products and equipment in order to improve their military strength. The global undersea warfare systems market has evolved significantly with the increasing threats from the underwater systems such as submarines, and unmanned underwater vehicles.

The research is based on extensive primary interviews (in-house experts, industry leaders, and market players), and secondary research (a host of paid and unpaid databases), along with the analytical tools that have been used to build the forecast and the predictive models.

This study has been designed to answer some of the most crucial questions of the global undersea warfare systems: •

What are the expected major driving forces that tend to increase the demand for the global undersea warfare systems market during the forecast period, 2019-2024?

•

What are the major challenges inhibiting the growth of the global undersea warfare systems?

•

Which are the key players in the global undersea warfare systems, and what are their competitive benchmarking?

•

What is the expected revenue to be generated by the global undersea warfare systems by system type by 2024?

•

How is each segment of the global undersea warfare systems grew in 2018, and what is the expected revenue to be generated by each of the segments during the forecast period?

•

What are the trends and market value of the global undersea warfare systems across different regions, and what are the estimates by 2024?

•

What are the new strategies adopted by the existing market players to make a mark in the industry?

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Global Undersea Warfare Systems Market

The report is a compilation of various segmentations including market breakdown by system type and region. The report highlights the key driving and restraining forces for this market. It is based on discussions and interviews with the top management of leading undersea warfare systems manufacturers and end users. The global undersea warfare systems is expected to play out differently for every region or type, therefore this report segments the market accordingly and offers a regionwise analysis for North America (the U.S.), Europe (the U.K., Germany, France, Russia, Italy and the Netherlands), Asia-Pacific (China, Australia, India, and South Korea), Rest-of-the-World (Brazil and The U.A.E). Each region analysis details the individual push and pull forces in addition to the key players from that region.

Aerospace & Defense July 2019

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Global Undersea Warfare Systems Market

Table of Contents Executive Summary……………………………………………...…………….23 1.

Market Dynamics ....................................................................................................33 1.1

1.2

1.3

2.

1.1.1

Increasing Defense Modernization Programs ..............................34

1.1.2

Growing Disputes Between Countries Over Maritime Borders ..37

Market Challenges ........................................................................................38 1.2.1

Environmental Challenges due to Undersea Systems ................38

1.2.2

Issues in Interpretation of Machine Learning Models .................39

1.2.3

Technical Challenges with Undersea Warfare Systems .............40

Market Opportunities ....................................................................................42 1.3.1

Improvements in Underwater Technologies ................................42

1.3.2

Integration of Artificial Intelligence (AI) in Undersea Warfare Systems...........................................................................................43

Competitive Insights ..............................................................................................45 2.1

2.2 3.

Market Drivers ...............................................................................................34

Key Strategies and Developments ..............................................................45 2.1.1

Partnerships, Agreements, and Contracts ...................................47

2.1.2

Mergers and Acquisitions ..............................................................51

2.1.3

Product Launches ..........................................................................54

2.1.4

Other Developments ......................................................................57

Competitive Benchmarking Map ..................................................................58

Industry Analysis ....................................................................................................60 3.1

Overview ........................................................................................................60

3.2

Military Expenditure on Unmanned Systems .............................................60

3.3

Share of Submarine Fleet by Country .........................................................61

3.4

Product Pricing Analysis of Undersea Warfare Systems ..........................64

3.5

Technology Roadmap: Upcoming Technology ..........................................68 3.5.1

Artificial Intelligence (AI) for Undersea Warfare Systems ..........68

3.6

Ongoing Programs for Undersea Warfare Systems ...................................71

3.7

Government’s Selection Criteria for Defense Contractors ........................73

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Global Undersea Warfare Systems Market

3.8 4.

5.

6.

Supply Chain Analysis..................................................................................74

Global Undersea Warfare Systems Market, 2019 to 2024 ...................................76 4.1

Assumptions and Limitations ......................................................................76

4.2

Market Overview ............................................................................................77

Global Undersea Warfare Systems Market (by Type) ..........................................78 5.1

Market Overview ............................................................................................78

5.2

Weapons and Countermeasures .................................................................80

5.3

Sensors and Sonars .....................................................................................85

5.4

Unmanned Underwater Systems .................................................................89 5.4.1

Remotely Operated Vehicles (ROVs) ............................................92

5.4.2

Autonomous Underwater Vehicles (AUVs) ..................................93

5.4.3

Hybrid Unmanned Underwater Vehicles ......................................94

5.5

Communication Systems .............................................................................96

5.6

Airborne Detection Systems ........................................................................98 5.6.1

Sonobuoys ......................................................................................99

5.6.2

Dipping Sonars and Airborne Laser Mine Detection Systems (ALMDS) ........................................................................101

5.6.3

Magnetic Anomaly Detectors (MAD) ...........................................103

5.6.4

Radars ...........................................................................................106

Global Undersea Warfare Systems Market (by Region) ....................................108 6.1

Market Overview ..........................................................................................108

6.2

North America .............................................................................................110

6.3

6.2.1

North America Undersea Warfare Systems Market (by Type) ..111

6.2.2

North America Undersea Warfare Systems Market (by Country) ..................................................................................112

6.2.2.1

U.S. ...........................................................................................112

6.2.2.2

Canada .....................................................................................114

Europe ..........................................................................................................115 6.3.1

Europe Undersea Warfare Systems Market (by Type) ..............116

6.3.2

Europe Undersea Warfare Systems Market (by Country) .........117

6.3.2.1

U.K. ...........................................................................................117

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Global Undersea Warfare Systems Market

6.4

6.5

7.

6.3.2.2

Germany ...................................................................................119

6.3.2.3

France .......................................................................................120

6.3.2.4

Russia .......................................................................................121

6.3.2.5

Spain .........................................................................................122

6.3.2.6

Rest-of-Europe ..........................................................................123

Asia-Pacific ..................................................................................................124 6.4.1

Asia-Pacific Undersea Warfare Systems Market (by Type) ......125

6.4.2

Asia-Pacific Undersea Warfare Systems Market (by Country) .126

6.4.2.1

China.........................................................................................126

6.4.2.2

India ..........................................................................................127

6.4.2.3

Japan ........................................................................................129

6.4.2.4

South Korea ..............................................................................130

6.4.2.5

Australia ....................................................................................131

6.4.2.6

Rest-of-Asia-Pacific...................................................................132

Rest-of-the-World ........................................................................................133 6.5.1

Rest-of-the-World Undersea Warfare Systems Market (by Type) .......................................................................................134

6.5.2

Rest-of-the-World Undersea Warfare Systems Market (by Region)....................................................................................135

6.5.2.1

Latin America ............................................................................135

6.5.2.2

Middle East and Africa ..............................................................136

Company Profile ...................................................................................................138 7.1

Overview ......................................................................................................138

7.2

Atlas Elektronik Gmbh ................................................................................139

7.3

7.2.1

Company Overview ......................................................................139

7.2.2

Role of Atlas Elektronik Gmbh in Global Undersea Warfare Systems.........................................................................................139

7.2.3

SWOT Analysis .............................................................................142

BAE Systems ...............................................................................................143 7.3.1

Company Overview ......................................................................143

7.3.2

Role of BAE Systems in Global Undersea Warfare Systems ...143

7.3.3

Financials ......................................................................................148

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Global Undersea Warfare Systems Market

7.4

7.5

7.6

7.7

7.8

7.3.4

Key Insights about Financial Health of the Company ...............151

7.3.5

SWOT Analysis .............................................................................152

ECA Group ...................................................................................................153 7.4.1

Company Overview ......................................................................153

7.4.2

Role of ECA Group in Global Undersea Warfare Systems .......153

7.4.3

Financials ......................................................................................155

7.4.4

SWOT Analysis .............................................................................157

Kongsberg Gruppen ASA ...........................................................................158 7.5.1

Company Overview ......................................................................158

7.5.2

Role of Kongsberg Gruppen ASA in Global Undersea Warfare Systems ..........................................................................158

7.5.3

Financials ......................................................................................161

7.5.4

Key Insights about Financial Health of the Company ...............164

7.5.5

SWOT Analysis .............................................................................165

General Dynamics .......................................................................................166 7.6.1

Company Overview ......................................................................166

7.6.2

Role of General Dynamics in Global Undersea Warfare Systems Market ............................................................................166

7.6.3

Financials ......................................................................................168

7.6.4

Key Insights about Financial Health of the Company ...............170

7.6.5

SWOT Analysis .............................................................................171

Harris Corporation ......................................................................................172 7.7.1

Company Overview ......................................................................172

7.7.2

Role of Harris Corporation in Global Undersea Warfare Systems Market ............................................................................172

7.7.3

Financials ......................................................................................174

7.7.4

Key Insights about Financial Health of the Company ...............176

7.7.5

SWOT Analysis .............................................................................177

Leonardo SpA..............................................................................................178 7.8.1

Company Overview ......................................................................178

7.8.2

Role of Leonardo SpA in Global Undersea Warfare Systems Market ............................................................................178

7.8.3

Financials ......................................................................................180

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Global Undersea Warfare Systems Market

7.8.4 7.9

SWOT Analysis .............................................................................183

Lockheed Martin Corporation ....................................................................184 7.9.1

Company Overview ......................................................................184

7.9.2

Role of Lockheed Martin Corporation in Global Undersea Warfare Systems Market ............................................184

7.9.3

Financials ......................................................................................185

7.9.4

Key Insights about Financial Health of the Company ...............189

7.9.5

SWOT Analysis .............................................................................190

7.10 Northrop Grumman Corporation ...............................................................191 7.10.1

Company Overview ......................................................................191

7.10.2

Role of Northrop Grumman Corporation in Global Undersea Warfare Systems Market ............................................191

7.10.3

Financials ......................................................................................193

7.10.4

Key Insights about Financial Health of the Company ...............196

7.10.5

SWOT Analysis .............................................................................197

7.11 Raytheon Company ....................................................................................198 7.11.1

Company Overview ......................................................................198

7.11.2

Role of Raytheon Company in Global Undersea Warfare Systems Market ............................................................................198

7.11.3

Financials ......................................................................................200

7.11.4

Key Insights about Financial Health of the Company ...............202

7.11.5

SWOT Analysis .............................................................................203

7.12 Thales Group ...............................................................................................204 7.12.1

Company Overview ......................................................................204

7.12.2

Role of Thales Group in Global Undersea Warfare Systems Market ............................................................................................204

7.12.3

Financials ......................................................................................206

7.12.4

Key Insights about Financial Health of the Company ...............209

7.12.5

SWOT Analysis .............................................................................210

7.13 The Boeing Company .................................................................................211 7.13.1

Company Overview ......................................................................211

7.13.2

Role of The Boeing Company in Global Undersea Warfare Systems Market ............................................................................211

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Global Undersea Warfare Systems Market

7.13.3

Financials ......................................................................................212

7.13.4

Key Insights about Financial Health of the Company ...............214

7.13.5

SWOT Analysis .............................................................................215

7.14 S.A. de Electronica Submarina ..................................................................216 7.14.1

Company Overview ......................................................................216

7.14.2

Role of S.A. de Electronica Submarina in Global Undersea Warfare Systems ..........................................................................216

7.14.3

SWOT Analysis .............................................................................218

7.15 Ultra Electronics ..........................................................................................219 7.15.1

Company Overview ......................................................................219

7.15.2

Role of Ultra Electronic in Global Undersea Warfare Systems 219

7.15.3

Financials ......................................................................................221

7.15.4

Key Insights about Financial Health of the Company ...............223

7.15.5

SWOT Analysis .............................................................................224

7.16 Other Key Players .......................................................................................225 8.

Research Scope and BIS Methodology ..............................................................228 8.1

9.

Scope of the report .....................................................................................228

Appendix ...............................................................................................................235 9.1

Related Reports ...........................................................................................235

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Global Undersea Warfare Systems Market

List of Tables Table 1: Global Undersea Warfare Systems Market, 2018 and 2024................................................ 27 Table 2: Apparent Advantages Matrix Unmanned Systems and Manned Systems .......................... 29 Table

2.1:

Partnerships,

Agreements,

and

Contracts

in

Undersea

Warfare

Systems Market ................................................................................................................ 47 Table 2.2: Mergers and Acquisitions ................................................................................................... 52 Table 2.3: Product Launches ............................................................................................................... 55 Table 2.4: Other Developments ........................................................................................................... 57 Table 3.1: Undersea Warfare Systems for Submarines ..................................................................... 63 Table 3.2: Product Analysis of Some of the Undersea Warfare Systems .......................................... 64 Table 3.3: Classification of Unmanned Maritime Systems ................................................................. 70 Table 5.1: Global Undersea Warfare Systems Market (by Type), Revenue, (Billion), 2018-2024 ......................................................................................................................... 79 Table 5.2: Weapon and Countermeasure Systems Developed by the Leading Manufacturers ................................................................................................................... 82 Table 5.3: Sensors and Sonars offered by Various Leading Manufacturers ..................................... 87 Table 5.4: Unmanned Underwater Vehicles (UUVs) by Various Manufacturers ............................... 90 Table 5.5: Comparison of Acoustic and Optical Telemetry................................................................. 97 Table 5.6: Underwater Communication Systems by Various Manufacturers .................................... 97 Table 5.7: Dipping Sonars and Airborne Laser Mine Detection Systems (ALMDS) ........................ 103 Table 5.8: Magnetic Anomaly Detection Systems ............................................................................ 105 Table 5.9: Users of Magnetic Anomaly Detection Systems .............................................................. 105 Table 5.10: Radars for Submarine Detection .................................................................................... 107 Table 6.1: Global Undersea Warfare Systems Market (by Region), 2018-2024 ............................. 109 Table 6.2: North America Undersea Warfare Systems Market (by Type), Revenue ($Million), 2018-2024 ...................................................................................................... 111 Table 6.3: The U.S. Defense Budget, 2017-2019 ............................................................................. 113

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Global Undersea Warfare Systems Market

Table 6.4: Europe Undersea Warfare Systems Market (by Type), Revenue ($Billion), 2018-2024 ....................................................................................................................... 116 Table 6.5: U.K. Ministry of Defence (MoD) Budget, 2016-2021 ....................................................... 118 Table 6.6: Asia-Pacific Undersea Warfare Systems Market (by Type), Revenue ($Million), 2018-2024 ....................................................................................................................... 125 Table 6.7: Rest-of-the-World Undersea Warfare Systems Market (by Type), Revenue ($Billion), 2018-2024 ....................................................................................................... 134 Table 7.1: Atlas Elektronik Gmbh – Product Description .................................................................. 141 Table 7.2: BAE Systems – Product Description ................................................................................ 145 Table 7.3: ECA Group– Product Description..................................................................................... 155 Table 7.4: Kongsberg Gruppen ASA – Product Description............................................................. 160 Table 7.5: S.A. de Electronica Submarina– Product Description ..................................................... 217 Table 7.6: Ultra Electronics– Product Description ............................................................................. 221 Table 7.5: CACI International ............................................................................................................. 225 Table 7.6: Kratos Defense & Security Solutions ............................................................................... 225 Table 7.7: Leidos ................................................................................................................................ 226 Table 7.8: Liquid Robotics .................................................................................................................. 226 Table 7.9: Textron Systems ............................................................................................................... 227

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Global Undersea Warfare Systems Market

List of Figures Figure 1: Need and Focus Areas of Advanced Undersea Warfare Systems..................................... 23 Figure 2: Global Undersea Warfare Systems Market, Revenue ($Billion), 2018-2024 ..................... 26 Figure 3: Global Undersea Warfare Systems Market (by Type), Revenue ($Billion), 2018 and 2024 .................................................................................................................. 27 Figure 4: Global Undersea Warfare Systems Market (by Region), Value ($Billion), 2018 and 2024 .................................................................................................................. 30 Figure 1.1: Market Dynamics Snapshot .............................................................................................. 33 Figure 1.2: Global Defense Budget (by Country), 2018 ...................................................................... 36 Figure 1.3: Importance of Data Security and Situation Assessment During Warfare ........................ 38 Figure 1.4: Technical Challenges of Undersea Warfare Systems...................................................... 40 Figure 1.5: Major Challenges of Underwater Acoustic Network ......................................................... 41 Figure 2.1: Key Strategies Adopted by Market Players ...................................................................... 45 Figure 2.2: Percentage Share of Strategies Adopted by the Market Players, January 2016-June 2019 ................................................................................................................ 46 Figure 2.3: Competitive Benchmarking Map of Undersea Warfare Systems Manufacturers, 2018 ......................................................................................................... 58 Figure 3.1: Share of the U.S. DoD Funding on Unmanned Systems in FY2018 ............................... 60 Figure 3.2: Share of Submarine Fleet by Country, as of June 2019 .................................................. 62 Figure 3.3: How AI of an Autonomous System Works ........................................................................ 69 Figure 3.4: Selection Criteria ................................................................................................................ 73 Figure 3.5: Supply Chain Analysis ....................................................................................................... 74 Figure 4.1: Global Undersea Warfare Systems, Value ($Billion), 2019-2024 .................................... 77 Figure 5.1: Classification of Global Undersea Warfare Systems Market (by Type)........................... 78 Figure 5.2: Weapons and Countermeasures Market Size, 2018-2024 .............................................. 80 Figure 5.3: Technological Advancements of the Next Generation Torpedoes .................................. 81 Figure 5.4: Sensors and Sonars Market Size, 2018-2024 .................................................................. 85 Figure 5.5: Unmanned Underwater Systems, Market Size, 2018-2024............................................. 89

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Global Undersea Warfare Systems Market

Figure 5.6: Remotely Operated Vehicles (ROVs), Market Size, 2018-2024 ...................................... 92 Figure 5.7: Autonomous Underwater Vehicles (AUVs), Market Size, 2018-2024 ............................. 93 Figure 5.8: Hybrid Unmanned Underwater Vehicles, Market Size, 2018-2024 ................................. 95 Figure 5.9: Communication Systems, Market Size, 2018-2024 ......................................................... 96 Figure 5.10: Airborne Detection Systems, Market Size, 2018-2024 .................................................. 98 Figure 5.11: Sonobuoys, Market Size, 2018-2024............................................................................ 100 Figure 5.12: Some Sonobuoys for Submarine Detection ................................................................. 101 Figure 5.13: Dipping Sonars and Airborne Laser Mine Detection Systems (ALMDS), Market Size, 2018-2024 ................................................................................................. 102 Figure 5.14: Magnetic Anomaly Detectors (MAD), Market Size, 2018-2024 ................................... 104 Figure 5.15 Radars, Market Size, 2018-2024 ................................................................................... 106 Figure 6.1: Classification of Undersea Warfare Systems Market (by Region) ................................. 108 Figure 6.2: North America Undersea Warfare Systems Market, Revenue ($Billion), 2018-2024 ....................................................................................................................... 110 Figure 6.3: The U.S. Undersea Warfare Systems Market, Revenue ($Billion), 2018-2024 ....................................................................................................................... 112 Figure 6.4: Canada Undersea Warfare Systems Market, Revenue ($Million), 2018-2024 ............. 114 Figure 6.5: Europe Undersea Warfare Systems Market, Revenue ($Billion), 2018-2024 ............... 115 Figure 6.6: U.K. Undersea Warfare Systems Market, Revenue ($Million), 2018-2024 ................... 117 Figure 6.7: Germany Undersea Warfare Systems Market, Revenue ($Million), 2018-2024 ....................................................................................................................... 119 Figure 6.8: France Undersea Warfare Systems Market, Revenue ($Million), 2018-2024............... 120 Figure 6.9: Russia Undersea Warfare Systems Market, Revenue ($Million), 2018-2024............... 121 Figure 6.10: Spain Undersea Warfare Systems Market, Revenue ($Million), 2018-2024 .............. 122 Figure 6.11: Rest-of-Europe Undersea Warfare Systems Market, Revenue ($Million), 2018-2024 ....................................................................................................................... 123 Figure 6.12: Asia-Pacific Undersea Warfare Systems Market, Revenue ($Billion), 2018-2024 ...................................................................................................................... 124 Figure 6.13: China Undersea Warfare Systems Market, Revenue ($Million), 2018-2024 .............. 126

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Global Undersea Warfare Systems Market

Figure 6.14: India Undersea Warfare Systems Market, Revenue ($Million), 2018-2024 ................ 127 Figure 6.15: Japan Undersea Warfare Systems Market, Revenue ($Million), 2018-2024 .............. 129 Figure 6.16: South Korea Undersea Warfare Systems Market, Revenue ($Million), 2018-2024 ....................................................................................................................... 130 Figure 6.17: Australia Undersea Warfare Systems Market, Revenue ($Million), 2018-2024 ....................................................................................................................... 131 Figure 6.18: Rest-of-Asia-Pacific Undersea Warfare Systems Market, Revenue ($Million), 2018-2024 ....................................................................................................................... 132 Figure 6.19: Rest-of-the-World Undersea Warfare Systems Market (by Region), Revenue ($Billion), 2018-2024 ....................................................................................................... 133 Figure 6.20: Latin America Undersea Warfare Systems Market, Revenue ($Million), 2018-2024 ....................................................................................................................... 135 Figure 6.21: Middle East and Africa Undersea Warfare Systems Market, Revenue ($Million), 2018-2024 ...................................................................................................... 136 Figure 7.1: Share of Key Company Profiles ...................................................................................... 138 Figure 7.2: Atlas Elektronik Gmbh – Product Offerings .................................................................... 140 Figure 7.3: SWOT Analysis – Atlas Elektronik Gmbh ....................................................................... 142 Figure 7.4: BAE Systems – Product Offerings .................................................................................. 144 Figure 7.5: BAE Systems - Financials, 2016-2018 ........................................................................... 148 Figure 7.6: BAE Systems - Business Revenue Mix, 2017-2018 ...................................................... 149 Figure 7.7: BAE Systems - Region Revenue Mix, 2016-2018 ......................................................... 150 Figure 7.8: BAE Systems – Research and Development Expenditure, 2016-2018 ........................ 151 Figure 7.9: SWOT Analysis – BAE Systems ..................................................................................... 152 Figure 7.10: ECA Group – Product Offerings .................................................................................... 154 Figure 7.11: ECA group - Financials, 2016-2018 .............................................................................. 155 Figure 7.12: ECA Group - Business Revenue Mix, 2017-2018 ........................................................ 156 Figure 7.13: SWOT Analysis – ECA Group....................................................................................... 157 Figure 7.14: Kongsberg Gruppen ASA Electronics – Product Offerings .......................................... 159 Figure 7.15: Kongsberg Gruppen ASA - Financials, 2016-2018 ...................................................... 161

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Global Undersea Warfare Systems Market

Figure 7.16: Kongsberg Gruppen ASA - Business Revenue Mix, 2017-2018 ................................. 162 Figure 7.17: Kongsberg Gruppen ASA - Region Revenue Mix, 2016-2018 .................................... 163 Figure 7.18: Kongberg Gruppen ASA – Research and Development Expenditure, 2016-2018 ....................................................................................................................... 164 Figure 7.19: SWOT Analysis – Kongsberg Gruppen ASA Systems ................................................ 165 Figure 7.20: General Dynamics – Product Offerings ........................................................................ 167 Figure 7.21: General Dynamics - Financials, 2016-2018 ................................................................. 168 Figure 7.22: General Dynamics - Business Revenue Mix, 2016-2018 ............................................ 169 Figure 7.23: General Dynamics - Region Revenue Mix, 2016-2018................................................ 169 Figure 7.24: General Dynamics - Research and Development Expenditure, 2016-2018 ............... 170 Figure 7.25: SWOT Analysis – General Dynamics ........................................................................... 171 Figure 7.26: Harris Corporation – Product Offerings......................................................................... 173 Figure 7.27: Harris Corporation - Financials, 2016-2018 .................................................................. 174 Figure 7 28: Harris Corporation - Business Revenue Mix, 2016-2018............................................. 175 Figure 7.29: Harris Corporation - Research and Development Expenditure, 2016-2018................ 176 Figure 7.30: SWOT Analysis – Harris Corporation ........................................................................... 177 Figure 7.31: Leonardo SpA – Product Offerings ............................................................................... 179 Figure 7.32: Leonardo SpA - Financials, 2016-2018 ........................................................................ 180 Figure 7.33: Leonardo SpA - Business Revenue Mix, 2016-2018 ................................................... 181 Figure 7.34: Leonardo SpA - Region Revenue Mix, 2016-2018 ...................................................... 182 Figure 7.35: SWOT Analysis – Leonardo SpA .................................................................................. 183 Figure 7.36: Lockheed Martin Corporation – Product Offerings ....................................................... 185 Figure 7.37: Lockheed Martin Corporation - Financials, 2016-2018 ................................................ 186 Figure 7.38: Lockheed Martin Corporation - Business Revenue Mix, 2016-2018 ........................... 187 Figure 7.39: Lockheed Martin Corporation - Region Revenue Mix, 2016-2018 .............................. 188 Figure 7.40: Lockheed Martin Corporation - Research and Development Expenditure, 2016-2018 ....................................................................................................................... 189 Figure 7.41: SWOT Analysis – Lockheed Martin Corporation .......................................................... 190 Figure 7.42: Northrop Grumman Corporation: Product Offerings .................................................... 192

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Global Undersea Warfare Systems Market

Figure 7.43: Northrop Grumman Corporation - Financials, 2016-2018............................................ 193 Figure 7.44: Northrop Grumman Corporation - Business Revenue Mix, 2016-2018 ...................... 194 Figure 7.45: Northrop Grumman Corporation - Region Revenue Mix, 2016-2018 .......................... 195 Figure 7.46: Northrop Grumman Corporation – Research and Development Expenditure, 2016-2018 ....................................................................................................................... 196 Figure 7.47: SWOT Analysis – Northrop Grumman Corporation ..................................................... 197 Figure 7.48: Raytheon Company – Product Offerings ...................................................................... 199 Figure 7.49: Raytheon Company - Financials, 2016-2018 ............................................................... 200 Figure 7.50: Raytheon Company - Business Revenue Mix, 2016-2018 .......................................... 201 Figure 7.51: Raytheon Company - Region Revenue Mix, 2016-2018 ............................................. 202 Figure 7.52: Raytheon Company – Research and Development Expenditure, 2016-2018 ....................................................................................................................... 202 Figure 7.53: SWOT Analysis – Raytheon Company ......................................................................... 203 Figure 7.54: Thales Group – Product Offerings ................................................................................ 205 Figure 7.55: Thales Group - Financials, 2016-2018.......................................................................... 206 Figure 7.56: Thales Group - Business Revenue Mix, 2016-2018 .................................................... 207 Figure 7.57: Thales Group - Region Revenue Mix, 2016-2018 ........................................................ 208 Figure 7.58: Thales Group – Research and Development Expenditure, 2016-2018 ...................... 209 Figure 7.59: SWOT Analysis – Thales Group ................................................................................... 210 Figure 7.60: The Boeing Company – Product Offerings ................................................................... 212 Figure 7.61: The Boeing Company - Financials, 2016-2018 ............................................................ 212 Figure 7.62: The Boeing Company - Business Revenue Mix, 2016-2018 ....................................... 213 Figure 7.63: The Boeing Company - Region Revenue Mix, 2016-2018 .......................................... 214 Figure 7.64: The Boeing Company – Research and Development Expenditure, 2016-2018 ....................................................................................................................... 214 Figure 7.65: SWOT Analysis – The Boeing Company...................................................................... 215 Figure 7.66: S.A. de Electronica Submarina – Product Offerings .................................................... 217 Figure 7.67: SWOT Analysis – S.A. de Electronica Submarina ....................................................... 218 Figure 7.68: Ultra Electronics – Product Offerings ............................................................................ 220

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Global Undersea Warfare Systems Market

Figure 7.69: Ultra Electronics - Financials, 2016-2018 ..................................................................... 221 Figure 7.70: Ultra Electronics - Business Revenue Mix, 2017-2018 ................................................ 222 Figure 7.71: Ultra Electronics - Region Revenue Mix, 2016-2018 ................................................... 223 Figure 7.72: Ultra Electronics – Research and Development Expenditure, 2016-2018 .................. 223 Figure 7.73: SWOT Analysis – Ultra Electronics ............................................................................... 224 Figure 8.1: Global Undersea Warfare Systems Market Scope ........................................................ 229 Figure 8.2: Research Design and Flow ............................................................................................. 230 Figure 8.3: Secondary Data Sources................................................................................................. 232 Figure 8.4: Top-Down and Bottom-Up Approach.............................................................................. 233 Figure 8.5: Undersea Warfare Systems Market: Influencing Factors............................................... 233 Figure 8.6: Assumptions and Limitations........................................................................................... 234

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Global Undersea Warfare Systems Market

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Global Undersea Warfare Systems Market

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Global Undersea Warfare Systems Market

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