Major Group SIC 3761 - Guided Missiles And Space Vehicles

SIC 3761 - Guided Missiles And Space Vehicles

SIC 37 - Transportation Equipment
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- SIC 376 - Guided Missiles And Space Vehicles And Parts
  SIC 371 - Motor Vehicles And Motor Vehicle Equipment SIC 372 - Aircraft And Parts SIC 373 - Ship And Boat Building And Repairing SIC 374 - Railroad Equipment SIC 375 - Motorcycles, Bicycles, And Parts SIC 376 - Guided Missiles And Space Vehicles And Parts SIC 379 - Miscellaneous Transportation Equipment
  - SIC 3761 - Guided Missiles And Space Vehicles
    SIC 3761 - Guided Missiles And Space Vehicles SIC 3764 - Guided Missile And Space Vehicle Propulsion Units And Propulsion SIC 3769 - Guided Missile and Space Vehicle Parts and Auxiliary Equipment

Establishments primarily engaged in manufacturing complete guided missiles and space vehicles. This industry also includes establishments owned by guided missile and space vehicle manufacturers and primarily engaged in research and development on these products, whether from enterprise funds or on a contract or fee basis. Establishments primarily engaged in manufacturing guided missile and space vehicle propulsion units and propulsion unit parts are classified in Industry 3764; those manufacturing space satellites are classified in Industry 3669; those manufacturing guided missile and space vehicle airborne and ground guidance, checkout, and launch electronic systems and components are classified in Industry 3812; and those manufacturing guided missile and space vehicle airframes, nose cones, and space capsules are classified in Industry 3769. Research and development on guided missiles and space vehicles, on a contract or fee basis, by establishments not owned by guided missile or space vehicle manufacturers are classified in Services, Industry 8731.

Industry trends:

The NAICS 3761 industry, encompassing guided missiles and space vehicles, has been experiencing significant qualitative trends driven by technological advancements and geopolitical factors. One prominent trend is the increased investment in hypersonic technology, reflecting a global arms race. This focus on hypersonics is expected to revolutionize missile capabilities, offering unprecedented speed and maneuverability.

Another key trend is the expansion of private sector involvement, particularly in space vehicle development. Companies like SpaceX and Blue Origin continue to innovate, reducing costs and increasing access to space. These private entities are also collaborating more with government agencies, enhancing the industry's growth dynamics.

Cybersecurity remains a critical concern, with a growing emphasis on protecting missile and space vehicle systems from cyber threats. The industry is prioritizing the integration of secure communication channels and robust encryption methods to mitigate risks.

Looking forward, the industry is forecasted to see substantial growth in satellite deployment, driven by demand for global broadband services and Earth observation capabilities. Additionally, the push towards sustainable space exploration, including reusable rocket technology, is set to shape the sector's future.

Geopolitical tensions and the evolving defense strategies of nations are likely to continue influencing the development and deployment of advanced missile systems. Overall, the NAICS 3761 industry is poised for dynamic changes, marked by rapid technological progress and a blend of public and private sector initiatives.

This industry is comprised of:

Ballistic missiles, complete

Guided missiles, complete

Research and development on guided missiles and space vehicles, by

Rockets (guided missiles), space and military: complete

Space vehicles, complete

Explore related industries:

SIC 3489 - Ordnance And Accessories, Not Elsewhere Classified SIC 3812 - Search, Detection, Navigation, Guidance, Aero and Water Systems and Instruments SIC 8731 - Commercial Physical And Biological Research

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