Estimated Cumulative Military Drone Spending

Estimated Cumulative Military Drone Spending

Proof Point

Goldman Sachs estimated cumulative military drone spending to be significantly driven by U.S. from 2017 to 2021 at $17.5 billion

Estimated Cumulative Military Drone Spending

2017F – 2021F (US$ billion)

Note: Data was collected by Goldman Sachs Research from United States Department of Defense (DoD), Government of the U.K., Stockholm International Peace Research Institute (SIPRI), and Defense News

Proof Point Findings

  • U.S Lead – U.S. forecasted to massively lead total military drone spending from 2017 to 2021, with $17.5 billion
  • Following Countries – Other leading countries include China ($4.5 billion), Russia ($3.9 billion), U.K. ($3.5 billion) and Australia ($3.1 billion)
  • Key Growth Drivers – Include rapidly increasing advancements in drone technology, easing regulatory frameworks for drone usage, and proliferation of military applications enabled by drone technology



Military and Security


Date Last Updated

February 28, 2018

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