1. Executive Summary
2. Introduction to Precision-Guided Munitions
2.1 Gulf War Puts Precision-Guided Munitions on Target
2.2 Precision-Guided Munition Guidance Methods
2.2.1 Laser Designation
2.2.2 Imaging Systems
2.2.3 Satellite Control
2.2.4 Combined Guidance Systems
2.3 Reduced Warhead Size
2.4 Targeting Underground Facilities
2.5 Unmanned Platforms Release Precision-Guided Munitions
2.6 Future Networked Strike Capability
3. The Global Precision-Guided Munitions Market 2009-2019
3.1 National Precision-Guided Munitions Markets
3.2 US Share of the Precision-Guided Munitions Market
4. Leading National Precision-Guided Munitions Markets 2009-2019
4.1 US Precision-Guided Munitions Market
4.1.1 Joint Direct Attack Munition Programme
4.1.2 Laser Joint Direct Attack Munition
4.1.3 Joint Standoff Weapon
4.1.4 Joint Standoff Weapon C-1
4.1.5 Small Diameter Bomb
4.1.6 Small Diameter Bomb Variants
4.1.7 Raytheon Paveway II
4.1.8 Lockheed Martin Paveway II
4.1.9 Paveway II Enhanced Laser-Guided Training Rounds
4.1.10 Massive Ordnance Penetrator
4.1.11 Counter-Electronics High-Power Microwave Advanced Missile Project
4.2 UK Precision-Guided Munitions Market
4.2.1 Paveway Legacy
4.2.2 Paveway IV
4.3 Chinese Precision-Guided Munitions Market
4.3.1 Lei Ting Laser-Guided Bombs
4.3.2 Fei Teng Satellite-Guided Bombs
4.3.3 Lei Shi Satellite-Guided Bombs
4.4 French Precision-Guided Munitions Market
4.4.1 Enhanced Paveway II
4.4.2 AASM Air-To-Ground Modular Weapon
4.5 German Precision-Guided Munitions Market
4.5.1 Laser Joint Direct Attack Munition
4.5.2 HOPE/HOSBO Glide Bombs
4.6 Israeli Precision-Guided Munitions Market
4.6.1 Replenishing Bomb Stocks
4.6.2 Small Diameter Bomb
4.7 Russian Precision-Guided Munitions Market
4.7.1 KAB Series Precision-Guided Bombs
4.7.2 Laser-Guided Bombs
4.7.3 TV-Guided Bombs
4.7.4 Satellite-Guided Bombs
4.7.5 Zagon-1 Anti-Submarine Bomb
4.7.6 Bazalt MPK
4.7.7 Bazalt PBK-500U
4.8 Indian Precision-Guided Munitions Market
4.8.1 New-Generation Precision-Guided Munition
4.8.2 Enhanced-Range Precision-Guided Munition
4.9 Saudi Arabian Precision-Guided Munitions Market
4.9.1 Joint Direct Attack Munition
4.10 Australian Precision-Guided Munitions Market
4.10.1 Joint Direct Attack Munition Extended Range
4.11 Rest of the World Precision-Guided Munitions Market
4.11.1 Canadian Precision-Guided Munitions Market
4.11.2 Greek Precision-Guided Munitions Market
4.11.3 Netherlands Precision-Guided Munitions Market
4.11.4 Singaporean Precision-Guided Munitions Market
4.11.5 South Korean Precision-Guided Munitions Market
4.11.6 Spanish Precision-Guided Munitions Market
5. SWOT Analysis of the Precision-Guided Munitions Market
5.1 Strengths
5.1.1 Increased Accuracy
5.1.2 Reduction in Unintended Effects
5.1.3 Guided Bombs are Cheaper than Missiles
5.1.4 Greater Stand-Off Range
5.1.5 Importance of Airpower in Modern Warfare
5.2 Weaknesses
5.2.1 The Myth of Universal Precision
5.2.2 Complete Reliance on Intelligence
5.2.3 Vulnerability to Satellite Jamming
5.2.4 Difficulty in Assessing Strike Success
5.3 Opportunities
5.3.1 Adoption of Dual Guidance Systems
5.3.2 Replenishing Stocks of Precision-Guided Munitions
5.3.3 Unmanned Bomber Platforms
5.3.4 Networked Warfare of the Future
5.4 Threats
5.4.1 Cost Compared to Unguided Bombs
5.4.2 Failure to Maintain a Mixed Munitions Inventory
5.4.3 Global Economic Outlook Remains Uncertain
5.4.4 Lack of Operational Need for Precision-Guided Munitions
6. Expert Opinion
6.1 Denel Dynamics: Shantall Tshoshane, Public Relations Manager
6.1.1 Precision-Guided Munitions Development
6.1.2 Umbani Completes Successful Flight Test
6.1.3 Customer Demands for Accuracy and Range
6.1.4 Focus on Missiles and Stand-Off Weapons
6.1.5 South African Air Force Plans to Procure Guided Bombs
6.1.6 Significant Worldwide Market for Precision-Guided Munitions
6.2 Portsmouth Aviation: Martin White, Operations Director
6.2.1 Laser-Guided Bomb Components
6.2.2 Paveway IV Programme
6.2.3 Teaming With Raytheon
6.2.4 Uncertain Times for the UK Market
7. Leading Precision-Guided Munitions Companies
7.1 Alliant Techsystems
7.2 Boeing Integrated Defense Systems
7.3 Britanite IBQ Defence Systems
7.4 Cobham Mission Systems
7.5 Denel Dynamics
7.6 Diehl BGT Defence
7.7 Elbit Systems Ltd
7.8 Harris Corporation
7.9 Israel Aerospace Industries Ltd
7.10 Lockheed Martin
7.11 MBDA
7.12 Northrop Grumman Electronic Systems
7.13 Ordtech Military Industries
7.14 Rafael Advanced Defense Systems
7.15 Raytheon
7.16 Sagem Défense Sécurité
7.17 State Scientific and Production Enterprise Region
8. Conclusions
8.1 Global Demand for Precision-Guided Munitions
8.2 Drivers of Growth in the Precision-Guided Munitions Market
8.3 Restraints on Growth in the Precision-Guided Munitions Market
8.4 The Future of the Precision-Guided Munitions Market
List of Tables and Figures
Table 3.1 World Precision-Guided Munitions Sales Forecast, 2009-2019
Table 3.2 World Precision-Guided Munitions Sales CAGR
Table 3.3 National Precision-Guided Munitions Sales Forecasts, 2009-2019
Table 3.4 National Precision-Guided Munitions Market Share, 2008 vs. 2019
Table 3.5 National Precision-Guided Munitions CAGR, 2009-2019
Table 3.6 US / Non-US Precision-Guided Munitions Sales Forecasts, 2009-2019
Table 4.1 US Precision-Guided Munitions Sales Forecast, 2009-2019
Table 4.2 US Precision-Guided Munitions Sales CAGR
Table 4.3 US JDAM Funding, FY08-10
Table 4.4 US JDAM Procurement, FY08-10
Table 4.5 US JSOW Funding, FY08-10
Table 4.6 US JSOW Procurement, FY07-10
Table 4.7 US SDB Funding, FY08-10
Table 4.8 US SDB Procurement, FY05-10
Table 4.9 UK Precision-Guided Munitions Sales Forecast, 2009-2019
Table 4.10 UK Precision-Guided Munitions Sales CAGR
Table 4.11 Chinese Precision-Guided Munitions Sales Forecast, 2009-2019
Table 4.12 Chinese Precision-Guided Munitions Sales CAGR
Table 4.13 French Precision-Guided Munitions Sales Forecast, 2009-2019
Table 4.14 French Precision-Guided Munitions Sales CAGR
Table 4.15 German Precision-Guided Munitions Sales Forecast, 2009-2019
Table 4.16 German Precision-Guided Munitions Sales CAGR
Table 4.17 Israeli Precision-Guided Munitions Sales Forecast, 2009-2019
Table 4.18 Israeli Precision-Guided Munitions Sales CAGR
Table 4.19 Russian Precision-Guided Munitions Sales Forecast, 2009-2019
Table 4.20 Russian Precision-Guided Munitions Sales CAGR
Table 4.21 Indian Precision-Guided Munitions Sales Forecast, 2009-2019
Table 4.22 Indian Precision-Guided Munitions Sales CAGR
Table 4.23 Saudi Arabian Precision-Guided Munitions Sales Forecast, 2009-2019
Table 4.24 Saudi Arabian Precision-Guided Munitions Sales CAGR
Table 4.25 Australian Precision-Guided Munitions Sales Forecast, 2009-2019
Table 4.26 Australian Precision-Guided Munitions Sales CAGR
Table 4.27 Rest of the World Precision-Guided Munitions Sales Forecast, 2009-2019
Table 4.28 Rest of the World Precision-Guided Munitions Sales CAGR
Table 5.1 SWOT Analysis of the Precision-Guided Munitions Market, 2009-2019
Table 7.1 Leading Precision-Guided Munitions Companies by Market Share, 2008
Figure 3.1 World Precision-Guided Munitions Sales Forecast, 2009-2019
Figure 3.2 National Precision-Guided Munitions Market Share, 2008
Figure 3.3 National Precision-Guided Munitions Market Share, 2019
Figure 3.4 National Precision-Guided Munitions Markets by CAGR, 2009-2019
Figure 3.5 US / Non-US Precision-Guided Munitions Market Share, 2008 vs. 2019
Figure 4.1 US Precision-Guided Munitions Sales Forecast, 2009-2019
Figure 4.2 US JDAM Funding, FY08-10
Figure 4.3 US JDAM Procurement, FY08-10
Figure 4.4 US JSOW Funding, FY08-10
Figure 4.5 US JSOW Procurement, FY07-10
Figure 4.6 US SDB Funding, FY08-10
Figure 4.7 US SDB Procurement, FY05-10
Figure 4.8 UK Precision-Guided Munitions Sales Forecast, 2009-2019
Figure 4.9 Chinese Precision-Guided Munitions Sales Forecast, 2009-2019
Figure 4.10 French Precision-Guided Munitions Sales Forecast, 2009-2019
Figure 4.11 German Precision-Guided Munitions Sales Forecast, 2009-2019
Figure 4.12 Israeli Precision-Guided Munitions Sales Forecast, 2009-2019
Figure 4.13 Russian Precision-Guided Munitions Sales Forecast, 2009-2019
Figure 4.14 Indian Precision-Guided Munitions Sales Forecast, 2009-2019
Figure 4.15 Saudi Arabian Precision-Guided Munitions Sales Forecast, 2009-2019
Figure 4.16 Australian Precision-Guided Munitions Sales Forecast, 2009-2019
Figure 4.17 Rest of the World Precision-Guided Munitions Sales Forecast, 2009-2019
Figure 7.1 Leading Precision-Guided Munitions Companies by Market Share, 2008