In recent years, precision guided weapons play more and more important role in modern war. One of the greatest strengths of a precision strike missile is a reduction in the number of weapons or aircraft sorties required to destroy a target. Strategy Analytics forecasts the global Smart Weapons (SW) market will grow to over $41.8 billion in 2025, representing a CAGR of 3.7%. A renewed emphasis on advancing Smart Weapon capabilities to counter evolving threats such as A2/AD (anti-access Area Denial) envelopes, combined with on-going demand from asymmetric wars and continued force modernizations in emerging countries is driving spending across the full range of Smart Weapons.
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