Key Developments in the Hypersonics Industry 2024

Hypersonic weapons development has surged in the past decade. According to Deloitte, the hypersonics industry is expected to grow to $5 billion in 2025. In the US programs like Hypersonic Attack Cruise Missile (HACM), Army Long Range Hypersonic Weapon (LRHW), and Navy Conventional Prompt Strike (CPS) show a significant investment in hypersonics. Similarly, both allies and near peer adversaries are engrained in programs of their own. In 2023, IDGA published a Hypersonic Systems report written by Dr. James Bosbotinis, a UK-based defense and international affairs analyst. The report was aimed at detailing key developments in select countries hypersonic investments. The following is an updated version of that report, with a look at the most recent data for each industry..

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