Tamarack Defense is pleased to announce the release of our Global Military Maritime Platforms Forecast Module. This forecast provides insight into more than 1,300 unique projects, and each record includes over 80 demographics, including linkages to underlying platform families, sub-designations, individual hull number and ship name, as well as forecasted construction timelines, delivery dates, modification and NRE funding (including specific FYDP references for U.S. Navy programs), Tamarack probability weightings, and raw vs. factored market values.

Given the news that the Navy has elected to award an additional FY23 option to Ingalls Shipbuilding, there are now 10 new Arleigh Burke guided-missile destroyers under contract. These sips are part of a five-year ship building deal awarded on August 1st with the latest option being announced on the 11th which brought the total from 9 to 10 ships. The ships covered by the recent news are DDG-140 through DDG -149 with seven of the total to be built by Bath Iron Works and the other three to be built by Ingalls Shipbuilding. Tamarack Defense breaks down the shipbuilding market to the individual ship to forecast the production market each year throughout the course of construction with current growth estimates at over 6% CAGR for the class through 2030.

Tamarack Defense is pleased to announce the release of our new subsystem-level market forecasts for global aircraft, as well as weapons & munitions.

Classified DoD and Intelligence Community spending data is now available for analysis at levels of detail not previously provided

MBDA, Europe’s missile house`, is poised for growth.

Upcoming competitions for global weapons programs total roughly $88B through 2030

While DoD RDT&E funding will be leveling off in the out years, plenty of programs with upcoming contracts have a bright future for funding growth

While many focus on the impact of the Ukraine conflict on the U.S. munitions market, it’s worth noting the other major tailwind driving future U.S. munitions production. Multiple new missile programs are nearing production ramp-ups, which will have significant impacts on the total new missiles spend by the DoD. These programs will potentially grow from less than $500M to account for over $10B a year in market value by the end of the decade.

Tamarack Defense estimates that approximately $15 billion worth of munitions have been committed to the Ukrainian war effort thus far, with more than 85% of that amount coming from second-hand inventory drawdowns. Those inventory drawdowns generate backfilling efforts which drive added demand.

Turkey’s Roketsan Roket Sanayii ve Ticaret. A. Ş. is a munitions supplier that has seen revenue “rocket” over the last few years – per Defense News, a 42% increase overall between 2020 and 2021. Zooming in on weapons sales to Republic of Turkey Ministry of National Defence only, Tamarack projects Roketsan’s revenue from recurring production will grow at least 7% CAGR through 2030.

U.S. DoD unclassified spending on hypersonic weapons shows an overall stable market through 2030, with lots happening underneath the topline. In particular, as the military's key programs, like CPS, HACM, and LRHW, prove ready for deployment, the market will see rapidly growing spending on production, and declining non-recurring investment.

Lockheed Martin has stated that F-35 deliveries this year (2023) will come in below the firm’s target of 147 to 153 aircraft. But Tamarack’s global F-35 survey demonstrates the need for deliveries to exceed 156 as soon as 2025. Beyond 2025, the unfactored skyline accelerates to 200 aircraft per year by the end of the decade.