Market Share of Identification Friend Or Foe Systems Industry
The identification friend or foe systems market is semi-consolidated with major players, such as RTX Corporation, Leonardo S.p.A, BAE Systems plc, ASELSAN A.S., and THALES, occupying a significant share of the market. The growing demand for IFF systems is fostering R&D for advanced IFF components. Meanwhile, companies are trying to expand their geographical presence in both mature and emerging markets. In addition to major defense contractors, there are innovative technology companies making significant strides in the identification systems market. For instance, Cognitec Systems GmbH, a Germany-based company, specializes in facial recognition technologies and biometric solutions, offering advanced identification tools for military and security applications. For instance, in July 2022, ELTA Systems Ltd. awarded a contract worth USD 11 million to HENSOLDT AG to deliver MSSR 2000 ID and MSR 1000I secondary radars including test equipment. HENSOLDT's IFF systems are Mode 5, which uses encryption techniques to block signal manipulation. HENSOLDT AG also has contracts to upgrade German, French, and UK IFF systems to Mode 5.
Identification Friend or Foe System Market Leaders
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BAE Systems plc
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RTX Corporation
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THALES
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Leonardo S.p.A.
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ASELSAN A.S.
*Disclaimer: Major Players sorted in no particular order
