NAICS 332993 - Ammunition (except Small Arms) Manufacturing
This U.S. industry comprises establishments primarily engaged in manufacturing ammunition (except small arms). Examples of products made by these establishments are bombs, depth charges, rockets (except guided missiles), grenades, mines, and torpedoes.
Industry trends:
The Ammunition (except Small Arms) Manufacturing industry, classified under NAICS 332993, has been experiencing several significant qualitative trends recently. One of the most notable trends is the increased demand for precision-guided munitions fueled by advancements in technology and the ongoing need for enhanced accuracy and efficiency in military operations. This demand is further augmented by geopolitical tensions and defense spending, driving innovation and investment in the sector.
Another trend is the move towards greener manufacturing processes. There's a growing emphasis on environmental sustainability, with companies exploring eco-friendly materials and production methods to reduce their carbon footprint. Additionally, the industry is witnessing an integration of digital technologies, including AI, IoT, and data analytics, aiming to enhance quality control and streamline manufacturing operations.
In terms of forecasts for the near future, the Ammunition (except Small Arms) Manufacturing industry is expected to see sustained growth due to continuous defense budget allocations worldwide. Such financial backing ensures that R&D in advanced ammunition technologies remains a priority, pushing the envelope further in terms of innovation and capabilities. Emerging markets are also likely to contribute to this growth as nations modernize their defense infrastructures.
The convergence of these trends suggests that companies within this sector will need to adopt a dual strategy of innovation and sustainability, balancing cutting-edge technological advancements with environmentally responsible manufacturing practices to maintain competitiveness and meet future demand effectively.
This industry is comprised of:
Adapters, bombcluster, manufacturing
Ammunition (i.e., more than 30 mm., more than 1.18 inch) manufacturing
Ammunition loading and assembling plants
Arming and fusing devices, missile, manufacturing
Artillery ammunition (i.e., more than 30 mm., more than 1.18 inch) manufacturing
Bag loading plants, ammunition, manufacturing
Bomb loading and assembling plants
Bombcluster adapters manufacturing
Bombs manufacturing
Boosters and bursters, artillery, manufacturing
Canisters, ammunition, manufacturing
Caps, bomb, manufacturing
Depth charges manufacturing
Detonators, ammunition (i.e., more than 30 mm., more than 1.18 inch), manufacturing
Fin assemblies, mortar, manufacturing
Fin assemblies, torpedo and bomb, manufacturing
Fuses ammunition (i.e., more than 30 mm., more than 1.18 inch) manufacturing
Grenades, hand or projectile, manufacturing
Igniters, ammunition tracer (i.e., more than 30 mm., more than 1.18 inch), manufacturing
Jet propulsion projectiles (except guided missiles) manufacturing
Loading and assembling bombs
Mines, ammunition, manufacturing
Missile warheads manufacturing
Mortar shells manufacturing
Primers (i.e., more than 30 mm., more than 1.18 inch), ammunition, manufacturing
Projectiles (except guided missile), jet propulsion, manufacturing
Rockets, ammunition (except guided missiles, pyrotechnic), manufacturing
Shell loading and assembly plants
Shells, artillery, manufacturing
Torpedoes manufacturing
Tracer igniters, ammunition (i.e., more than 30 mm., more than 1.18 inch), manufacturing
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