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Industry Research
Defense Modernization Service Industry Research Report 2026
Market perspective
The global Defense Modernization Service market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
North America: the Defense Modernization Service market is projected to increase from US$ million in 2026 to US$ million by 2032, reflecting a CAGR of % over 2026–2032. Europe: the Defense Modernization Service market is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032. Asia Pacific: the Defense Modernization Service market is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032. Leading global service providers of Defense Modernization Service include Serco, Leidos, Amentum, EY, Dassault Systèmes, LMI, Anduril, Hanwha and Almidmac, among others; in 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
Read the full market overview
This report quantifies the global Defense Modernization Service market in terms of revenue (US$ million) and, where applicable, service volume (k units), using 2024 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of service Types and end-use Applications, harmonizes provider attribution, and delivers comparable time series by company, Type, Application, and region or country, including indicative price bands (US$/k units) and concentration ratios (CR5/CR10). Outputs are intended to support service design, budgeting, capacity planning, and benchmarking for providers, platforms, channel partners, and investors; the report also reviews technology shifts and notable service innovations relevant to Defense Modernization Service.
Key Companies & Market Share Insights
This section profiles leading service providers with 2021–2025 results and a 2026–2032 outlook—covering revenue, market share, price bands, service portfolio and client mix, regional and channel mix, and key developments (M&A, network expansion, certifications). It also provides global revenue, average price, and—where applicable—volume metrics by provider, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Defense Modernization Service Market by Company
Serco
Leidos
Amentum
EY
Dassault Systèmes
LMI
Anduril
Hanwha
Almidmac
Honeywell Aerospace
BAE Systems Plc
ThyssenKrupp Marine Systems AG
Thales
Fincantieri SpA
Huntington Ingalls Industries
Lockheed Martin Corporation
Defense Modernization Service Segment by Type
C5ISR Modernization
Weapon System Modernization
Logistics and Supply Chain Modernization
Base Modernization
Military Platform Modernization
Others
Defense Modernization Service Segment by Application
Military Operations
National Defense Science and Technology and Industry
National Defense Management and Support
Others
Defense Modernization Service Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Nordic Countries
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Saudi Arabia
Israel
United Arab Emirates
Turkey
Iran
Egypt
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Defense Modernization Service market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Defense Modernization Service and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Defense Modernization Service.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Provides the analysis of various market segments product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 6: Detailed analysis of Defense Modernization Service companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 7, 8, 9, 10, 11: North America, Europe, Asia Pacific, South America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 12: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including revenue, gross margin, product introduction, recent development, etc.
Chapter 13: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- C5ISR Modernization
- Weapon System Modernization
- Logistics and Supply Chain Modernization
- Base Modernization
- Military Platform Modernization
- Others
Applications
- Military Operations
- National Defense Science and Technology and Industry
- National Defense Management and Support
- Others
Companies covered
- Serco
- Leidos
- Amentum
- EY
- Dassault Systèmes
- LMI
- Anduril
- Hanwha
- Almidmac
- Honeywell Aerospace
- BAE Systems Plc
- ThyssenKrupp Marine Systems AG
- Thales
- Fincantieri SpA
- Huntington Ingalls Industries
- Lockheed Martin Corporation
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Defense Modernization Service by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032)
- 2.2.2 C5ISR Modernization
- 2.2.3 Weapon System Modernization
- 2.2.4 Logistics and Supply Chain Modernization
- 2.2.5 Base Modernization
- 2.2.6 Military Platform Modernization
- 2.2.7 Others
- 2.3 Defense Modernization Service by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032)
- 2.3.2 Military Operations
- 2.3.3 National Defense Science and Technology and Industry
- 2.3.4 National Defense Management and Support
- 2.3.5 Others
- 2.4 Assumptions and Limitations
3 Defense Modernization Service Breakdown Data by Type
- 3.1 Global Defense Modernization Service Historic Market Size by Type (2021-2026)
- 3.2 Global Defense Modernization Service Forecasted Market Size by Type (2027-2032)
4 Defense Modernization Service Breakdown Data by Application
- 4.1 Global Defense Modernization Service Historic Market Size by Application (2021-2026)
- 4.2 Global Defense Modernization Service Forecasted Market Size by Application (2027-2032)
5 Global Growth Trends
- 5.1 Global Defense Modernization Service Market Perspective (2021-2032)
- 5.2 Global Defense Modernization Service Growth Trends by Region
- 5.2.1 Global Defense Modernization Service Market Size by Region: 2021 VS 2025 VS 2032
- 5.2.2 Defense Modernization Service Historic Market Size by Region (2021-2026)
- 5.2.3 Defense Modernization Service Forecasted Market Size by Region (2027-2032)
- 5.3 Defense Modernization Service Market Dynamics
- 5.3.1 Defense Modernization Service Industry Trends
- 5.3.2 Defense Modernization Service Market Drivers
- 5.3.3 Defense Modernization Service Market Challenges
- 5.3.4 Defense Modernization Service Market Restraints
6 Market Competitive Landscape by Players
- 6.1 Global Top Defense Modernization Service Players by Revenue
- 6.1.1 Global Top Defense Modernization Service Players by Revenue (2021-2026)
- 6.1.2 Global Defense Modernization Service Revenue Market Share by Players (2021-2026)
- 6.2 Global Defense Modernization Service Industry Players Ranking, 2023 VS 2024 VS 2025
- 6.3 Global Key Players of Defense Modernization Service Head Office and Area Served
- 6.4 Global Defense Modernization Service Players, Product Type & Application
- 6.5 Global Defense Modernization Service Manufacturers Established Date
- 6.6 Global Defense Modernization Service Market CR5 and HHI
- 6.7 Global Players Mergers & Acquisition
7 North America
- 7.1 North America Defense Modernization Service Market Size (2021-2032)
- 7.2 North America Defense Modernization Service Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 7.3 North America Defense Modernization Service Market Size by Country (2021-2026)
- 7.4 North America Defense Modernization Service Market Size by Country (2027-2032)
- 7.5 United States
- 7.5 United States
- 7.6 Canada
- 7.7 Mexico
8 Europe
- 8.1 Europe Defense Modernization Service Market Size (2021-2032)
- 8.2 Europe Defense Modernization Service Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3 Europe Defense Modernization Service Market Size by Country (2021-2026)
- 8.4 Europe Defense Modernization Service Market Size by Country (2027-2032)
- 8.5 Germany
- 8.6 France
- 8.7 U.K.
- 8.8 Italy
- 8.9 Spain
- 8.10 Russia
- 8.11 Netherlands
- 8.12 Nordic Countries
9 Asia-Pacific
- 9.1 Asia-Pacific Defense Modernization Service Market Size (2021-2032)
- 9.2 Asia-Pacific Defense Modernization Service Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 9.3 Asia-Pacific Defense Modernization Service Market Size by Country (2021-2026)
- 9.4 Asia-Pacific Defense Modernization Service Market Size by Country (2027-2032)
- 9.5 China
- 9.6 Japan
- 9.7 South Korea
- 9.8 India
- 9.9 Australia
- 9.10 China Taiwan
- 9.11 Southeast Asia
10 South America
- 10.1 South America Defense Modernization Service Market Size (2021-2032)
- 10.2 South America Defense Modernization Service Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 10.3 South America Defense Modernization Service Market Size by Country (2021-2026)
- 10.4 South America Defense Modernization Service Market Size by Country (2027-2032)
- 10.5 Brazil
- 10.6 Argentina
- 10.7 Chile
- 10.8 Colombia
- 10.9 Peru
11 Middle East & Africa
- 11.1 Middle East & Africa Defense Modernization Service Market Size (2021-2032)
- 11.2 Middle East & Africa Defense Modernization Service Market Growth Rate by Country: 2021 VS 2025 VS 2032
- 11.3 Middle East & Africa Defense Modernization Service Market Size by Country (2021-2026)
- 11.4 Middle East & Africa Defense Modernization Service Market Size by Country (2027-2032)
- 11.5 Saudi Arabia
- 11.6 Israel
- 11.7 United Arab Emirates
- 11.8 Turkey
- 11.9 Iran
- 11.10 Egypt
12 Players Profiled
- 12.1 Serco
- 12.1.1 Serco Company Information
- 12.1.2 Serco Business Overview
- 12.1.3 Serco Revenue in Defense Modernization Service Business (2021-2026)
- 12.1.4 Serco Defense Modernization Service Product Portfolio
- 12.1.5 Serco Recent Developments
- 12.2 Leidos
- 12.2.1 Leidos Company Information
- 12.2.2 Leidos Business Overview
- 12.2.3 Leidos Revenue in Defense Modernization Service Business (2021-2026)
- 12.2.4 Leidos Defense Modernization Service Product Portfolio
- 12.2.5 Leidos Recent Developments
- 12.3 Amentum
- 12.3.1 Amentum Company Information
- 12.3.2 Amentum Business Overview
- 12.3.3 Amentum Revenue in Defense Modernization Service Business (2021-2026)
- 12.3.4 Amentum Defense Modernization Service Product Portfolio
- 12.3.5 Amentum Recent Developments
- 12.4 EY
- 12.4.1 EY Company Information
- 12.4.2 EY Business Overview
- 12.4.3 EY Revenue in Defense Modernization Service Business (2021-2026)
- 12.4.4 EY Defense Modernization Service Product Portfolio
- 12.4.5 EY Recent Developments
- 12.5 Dassault Systèmes
- 12.5.1 Dassault Systèmes Company Information
- 12.5.2 Dassault Systèmes Business Overview
- 12.5.3 Dassault Systèmes Revenue in Defense Modernization Service Business (2021-2026)
- 12.5.4 Dassault Systèmes Defense Modernization Service Product Portfolio
- 12.5.5 Dassault Systèmes Recent Developments
- 12.6 LMI
- 12.6.1 LMI Company Information
- 12.6.2 LMI Business Overview
- 12.6.3 LMI Revenue in Defense Modernization Service Business (2021-2026)
- 12.6.4 LMI Defense Modernization Service Product Portfolio
- 12.6.5 LMI Recent Developments
- 12.7 Anduril
- 12.7.1 Anduril Company Information
- 12.7.2 Anduril Business Overview
- 12.7.3 Anduril Revenue in Defense Modernization Service Business (2021-2026)
- 12.7.4 Anduril Defense Modernization Service Product Portfolio
- 12.7.5 Anduril Recent Developments
- 12.8 Hanwha
- 12.8.1 Hanwha Company Information
- 12.8.2 Hanwha Business Overview
- 12.8.3 Hanwha Revenue in Defense Modernization Service Business (2021-2026)
- 12.8.4 Hanwha Defense Modernization Service Product Portfolio
- 12.8.5 Hanwha Recent Developments
- 12.9 Almidmac
- 12.9.1 Almidmac Company Information
- 12.9.2 Almidmac Business Overview
- 12.9.3 Almidmac Revenue in Defense Modernization Service Business (2021-2026)
- 12.9.4 Almidmac Defense Modernization Service Product Portfolio
- 12.9.5 Almidmac Recent Developments
- 12.10 Honeywell Aerospace
- 12.10.1 Honeywell Aerospace Company Information
- 12.10.2 Honeywell Aerospace Business Overview
- 12.10.3 Honeywell Aerospace Revenue in Defense Modernization Service Business (2021-2026)
- 12.10.4 Honeywell Aerospace Defense Modernization Service Product Portfolio
- 12.10.5 Honeywell Aerospace Recent Developments
- 12.11 BAE Systems Plc
- 12.11.1 BAE Systems Plc Company Information
- 12.11.2 BAE Systems Plc Business Overview
- 12.11.3 BAE Systems Plc Revenue in Defense Modernization Service Business (2021-2026)
- 12.11.4 BAE Systems Plc Defense Modernization Service Product Portfolio
- 12.11.5 BAE Systems Plc Recent Developments
- 12.12 ThyssenKrupp Marine Systems AG
- 12.12.1 ThyssenKrupp Marine Systems AG Company Information
- 12.12.2 ThyssenKrupp Marine Systems AG Business Overview
- 12.12.3 ThyssenKrupp Marine Systems AG Revenue in Defense Modernization Service Business (2021-2026)
- 12.12.4 ThyssenKrupp Marine Systems AG Defense Modernization Service Product Portfolio
- 12.12.5 ThyssenKrupp Marine Systems AG Recent Developments
- 12.13 Thales
- 12.13.1 Thales Company Information
- 12.13.2 Thales Business Overview
- 12.13.3 Thales Revenue in Defense Modernization Service Business (2021-2026)
- 12.13.4 Thales Defense Modernization Service Product Portfolio
- 12.13.5 Thales Recent Developments
- 12.14 Fincantieri SpA
- 12.14.1 Fincantieri SpA Company Information
- 12.14.2 Fincantieri SpA Business Overview
- 12.14.3 Fincantieri SpA Revenue in Defense Modernization Service Business (2021-2026)
- 12.14.4 Fincantieri SpA Defense Modernization Service Product Portfolio
- 12.14.5 Fincantieri SpA Recent Developments
- 12.15 Huntington Ingalls Industries
- 12.15.1 Huntington Ingalls Industries Company Information
- 12.15.2 Huntington Ingalls Industries Business Overview
- 12.15.3 Huntington Ingalls Industries Revenue in Defense Modernization Service Business (2021-2026)
- 12.15.4 Huntington Ingalls Industries Defense Modernization Service Product Portfolio
- 12.15.5 Huntington Ingalls Industries Recent Developments
- 12.16 Lockheed Martin Corporation
- 12.16.1 Lockheed Martin Corporation Company Information
- 12.16.2 Lockheed Martin Corporation Business Overview
- 12.16.3 Lockheed Martin Corporation Revenue in Defense Modernization Service Business (2021-2026)
- 12.16.4 Lockheed Martin Corporation Defense Modernization Service Product Portfolio
- 12.16.5 Lockheed Martin Corporation Recent Developments
13 Report Conclusion
14 Disclaimer
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