Kratos Defense to Benefit from Military Drone Market Nearing $90B by 2030
The global military drone market is forecast to expand from $36–37 billion in 2024 to $80–90 billion by 2030, while the overall drone industry grows from $73 billion to $163–165 billion. Kratos Defense & Security Solutions stands to gain as unmanned system procurement accelerates across defense agencies.
1. Market Expansion
The global military UAV market is projected to grow from $36–37 billion in 2024 to $80–90 billion by 2030, while the broader drone industry will expand from $73 billion to $163–165 billion over the same period as defense budgets and modernization programs accelerate worldwide.
2. Implications for Kratos Defense
Kratos Defense & Security Solutions is positioned to capture increased demand for unmanned systems, offering cost-efficient surveillance, logistics support and counter-drone solutions that align with rising procurement priorities among military and defense agencies.