United States (US) Department of Defense (DoD) Missile Defense Agency (MDA) Budget Overview

New Technologies Needed to Counter Advanced Weapons

Near-peer adversary advances in missile lethality and military tension have increased the United States' urgency to advance missile defense systems. In addition, hypersonic missile technology has grown significantly in some nuclear-capable nations during the last few years. Advanced military forces are reaching the limit of what missile technology can do to defeat other missiles. As a result, the MDA has increased spending in many areas to improve its sensing, coordination, and response capabilities.

This research service focuses on the US DoD MDA fiscal year 2023 spending requests for the research, development, test, and evaluation; procurement; and operations and maintenance categories. Frost & Sullivan has outlined the MDA's budget request by homeland defense interceptors, hypersonic defense, and testing programs. The base year for DoD budgets is 2021, and the study period is from 2022 to 2027.

The study's primary goal is to understand the current state of the MDA's budget request, military operational trends driving the MDA market, and the future objectives for MDA spending.

Key Features:

• Market drivers, restraints, and technology interests

• Opportunities for hypersonic defense, testing, and next-generation interceptors

• Program segmentation, funding forecasts, and notable market participants