The Precision Guided Munition (PGM) market is a subset of the Missiles and Missiles Technology industry. PGMs are guided weapons that use a combination of technologies such as radar, lasers, and GPS to accurately hit their targets. These weapons are used by militaries around the world to increase the accuracy and effectiveness of their operations. PGMs are also used in civilian applications such as search and rescue operations, firefighting, and disaster relief. PGMs are typically divided into two categories: air-launched and ground-launched. Air-launched PGMs are typically used by aircraft to engage targets at long range, while ground-launched PGMs are used by ground forces to engage targets at short range. Both types of PGMs are designed to be highly accurate and effective in their intended roles. PGMs are an important part of modern warfare and are used by militaries around the world. Companies in the PGM market include Raytheon, Lockheed Martin, Boeing, Northrop Grumman, and MBDA. Show Less Read more
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