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The Hypersonic Missile market is a subset of the Missiles and Missiles Technology industry. Hypersonic Missiles are missiles that travel at speeds of Mach 5 or higher, making them much faster than traditional missiles. These missiles are designed to be used for both offensive and defensive purposes, and are capable of carrying a variety of payloads. Hypersonic Missiles are also capable of evading most existing missile defense systems.
The Hypersonic Missile market is growing rapidly, driven by increased demand from militaries around the world. Governments are investing heavily in the development of Hypersonic Missiles, as they are seen as a key component of modern warfare. This has led to increased competition in the market, with many companies developing their own Hypersonic Missile technologies.
Some of the major companies in the Hypersonic Missile market include Lockheed Martin, Boeing, Raytheon, Northrop Grumman, and General Dynamics. These companies are all investing heavily in the development of Hypersonic Missiles, and are competing to be the first to bring a viable Hypersonic Missile to market. Show Less Read more