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Stock impact report

The Small Caliber Ammunition Market size is projected to grow USD 11.91 billion in 2029, at a CAGR of 3.4% from 2024 to 2029 [Yahoo! Finance]

Northrop Grumman Corporation (NOC) 
Last northrop grumman corporation earnings: 4/29 06:39 am Check Earnings Report
US:NYSE Investor Relations: investor.northropgrumman.com
Company Research Source: Yahoo! Finance
billion in 2024 to USD 11.91 billion in 2029, at a CAGR of 3.4% from 2024 to 2029. The factors such as the increase in geopolitical tensions, Growth in military expenditure and arms transfer, change in the nature of warfare, modernization programs undertaken by military forces, militarization of police forces, and rise in drug trafficking globally are driving factors assisting the growth of the small caliber ammunition market. Based on caliber type, the 5.56 MM grade caliber segment of the small caliber ammunition market is estimated to have the highest market share in 2023. Based on caliber type, the small caliber ammunition market has been segmented into 9x19 MM Parabellum, 5.56 MM, 7.62 MM, 12.7 MM, 14.5 MM, .338 Lapua Magnum, .338 Norma Magnum, Others. The 5.56 MM small caliber segment is estimated to have the highest market share in 2024. The growing demand of 5.56 MM small caliber is mainly due to increased adoption of 5.56 MM caliber for training purposes. The widespread po Show less Read more
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