Target Drone Market

1. Target Drone Market to see Rapid Growth by 2029 The global target drone market is anticipated to grow at a CAGR of 7.1% during the forecast period. The growing investment in the acquisition of target drones is a key factor driving the growth of the global target drone market. For instance, in February 2020, Kratos Defense & Security Solutions, Inc. received a $20 million contract award from an international customer for high-performance, unmanned aerial target drone system aircraft and related services. The procurement includes aerial target drones, spares and consumables, a ground control station (GCS), ground support equipment, launching systems, and payloads. In addition to the hardware to be provided, KUSD will deliver services that include testing, technical training, in-country establishment, and technical assistance. To Request a Sample of our Report on Target Drone Market https://www.omrglobal.com/request-sample/target-drone-market In February 2020, the company received another approximately $14 million in contract awards for logistics support, spares, consumables, and support needed to address the growing demand for Kratos’ customer drone system operations. In November 2021, The US Air Force has awarded Boeing a $49.7 million contract to convert retired F-16 fighters into unmanned aerial target vehicles. Fifteen F-16 Block 25 and Block 30s will be converted into QF-16 full-scale aerial targets under the contract awarded. A full Report of Target Drone Market https://www.omrglobal.com/industry-reports/target-drone-market Market Coverage    The market number available for – 2021-2028 Base year- 2021 Forecast period- 2023-2029 Segment Covered-    By Target By Mode of Operation By End-User Regions Covered-      North America Europe Asia-Pacific Rest of the World Competitive Landscape- QinetiQ Group plc, Kratos Defense & Security Solutions, Inc., Airbus Group, Northrop Grumman Corp., and Boeing Co. Key questions addressed by the report          What is the market growth rate? Which segment and region dominate the market in the base year? Which segment and region will project the fastest growth in the market? How COVID-19 impacted the market? Deviation from the pre-COVID-19 forecast Most affected region and segment Who is the leader in the market? How are players addressing challenges to sustain growth? Where is the investment opportunity? Global Target Drone Market Report by Segment By Target    Aerial Target Ground Target Marine Target By Mode of Operation   Autonomous Target Drone Remotely Operated Target Drone By End-User   Defense Commercial For More Customized Data, Request for Report Customization https://www.omrglobal.com/report-customization/target-drone-market About Orion Market Research

2. Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404