NAICS 332995 - Other Ordnance and Accessories Manufacturing
This U.S. industry comprises establishments primarily engaged in manufacturing ordnance (except small arms) and accessories.
Industry trends:
NAICS 332995, which covers Other Ordnance and Accessories Manufacturing, is witnessing several qualitative trends. Firstly, the industry is seeing a technological shift with increased adoption of advanced materials and additive manufacturing (3D printing). These innovations are aimed at enhancing product efficiency, reducing costs, and improving long-term sustainability. Expect these technologies to play a larger role in manufacturing processes, with a focus on precision and customization.
Secondly, there is growing emphasis on cybersecurity as the integration of digital technologies in manufacturing processes expands. Companies are increasingly investing in safeguarding proprietary designs and data from cyber threats, which is becoming a critical part of operational frameworks.
Furthermore, geopolitical uncertainties and rising defense budgets in various countries are driving increased demand for ordnance and related accessories. This trend is likely to sustain in the near future as nations modernize their defense capabilities.
Another notable trend is the shifting focus towards environmentally friendly practices. Manufacturers are looking into reducing their environmental footprint by incorporating eco-friendly materials and sustainable manufacturing processes. This trend is driven by both regulatory pressures and a broader commitment to corporate social responsibility.
In terms of forecasts, market analysts anticipate steady growth over the next few years as global defense expenditure continues to rise. However, companies will need to navigate supply chain challenges and regulatory compliance related to both cybersecurity and environmental standards.
This industry is comprised of:
Aircraft artillery manufacturing
Ammunition carts (i.e., more than 30 mm., more than 1.18 inch) manufacturing
Antiaircraft artillery manufacturing
Antisubmarine projectors manufacturing
Antitank rocket launchers manufacturing
Barrels, gun (i.e., more than 30 mm., more than 1.18 inch), manufacturing
Belts, machine gun (i.e., more than 30 mm., more than 1.18 inch), manufacturing
Bofors guns manufacturing
Cannons manufacturing
Catapult guns manufacturing
Clips, gun (i.e., more than 30 mm., more than 1.18 inch), manufacturing
Cylinders and clips, gun (i.e., more than 30 mm., more than 1.18 inch), manufacturing
Depth charge projectors manufacturing
Field artillery manufacturing
Flame throwers manufacturing
Generators, smoke, manufacturing
Gun barrels (i.e., more than 30 mm., more than 1.18 inch) manufacturing
Gun magazines (i.e., more than 30 mm., more than 1.18 inch) manufacturing
Gun turrets (i.e., more than 30 mm., more than 1.18 inch) manufacturing
Guns (i.e., more than 30 mm., more than 1.18 inch) manufacturing
Howitzers manufacturing
Links, ammunition (i.e., more than 30 mm., more than 1.18 inch), manufacturing
Livens projectors (i.e., ordnance) manufacturing
Machine gun belts (i.e., more than 30 mm., more than 1.18 inch) manufacturing
Machine guns (i.e., more than 30 mm., more than 1.18 inch) manufacturing
Mortars manufacturing
Naval artillery manufacturing
Oerlikon guns manufacturing
Projectors (e.g., antisub, depth charge release, grenade, livens, rocket), ordnance, manufacturing
Recoil mechanisms (i.e., more than 30 mm., more than 1.18 inch), gun, manufacturing
Recoilless rifles manufacturing
Rifles, recoilless, manufacturing
Rocket launchers manufacturing
Smoke generators manufacturing
Tampion guns manufacturing
Tank artillery manufacturing
Torpedo tubes manufacturing
Turrets, gun, manufacturing
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