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The Ballistic Missile Submarine (BMS) market is a subset of the Missiles and Missiles Technology industry. BMSs are submarines equipped with nuclear-tipped ballistic missiles, designed to be launched from underwater. They are a key component of a nation's nuclear deterrence strategy, as they are difficult to detect and can remain undetected for long periods of time. BMSs are typically equipped with multiple independently targetable re-entry vehicles (MIRVs), allowing them to launch multiple warheads at multiple targets.
The BMS market is highly competitive, with many nations investing heavily in the development of their own BMSs. The United States, Russia, China, France, and the United Kingdom are the major players in the market, with each nation investing in the development of their own BMSs.
Companies in the BMS market include Lockheed Martin, Boeing, Northrop Grumman, Raytheon, General Dynamics, and BAE Systems. Show Less Read more