SIC 3489 Ordnance and Accessories, Not Elsewhere Classified

Contenidos

• NAICS CODE(S).
• FURTHER READING.

SIC 3489

This category covers establishments primarily engaged in manufacturing ordnance and accessories, not elsewhere classified, such as naval, aircraft, anti-aircraft, tank, coast, and field artillery having a bore more than 30 mm. (or more than 1.18 inch), and components. Establishments primarily engaged in manufacturing small arms and parts 30 mm or less are classified in SIC 3484: Small Arms; those manufacturing tanks are classified in SIC 3795: Tanks and Tank Components; and those manufacturing guided missiles are classified in Industry Group 376 (Guided Missiles and Space Vehicles and Parts).

NAICS CODE(S)

332995

Other Ordnance and Accessories Manufacturing

According to the U.S. Census Bureau's Statistics of U.S. Businesses, 72 establishments operated in this category for part or all of 2004. Industry-wide employment totaled 4,549 workers receiving a payroll of nearly $256 million. The Annual Survey of Manufactures reported that overall shipments for the industry were valued at more than $1.4 billion. Additionally, a total of 2,094 employees worked in production in 2004, putting in more than 4 million hours to earn wages of nearly $91 million.

Alliant Techsystems Inc., of Edina, Minnesota, led the industry with 2005 sales of $3.2 billion and 15,200 employees. In second place was ITT Industries Defense Electronics and Services in McLean, Virginia, with $1.1 billion in 2004 sales and 10,000 total employees. In a distant third place was Lockheed Martin Missiles and Fire Control, located in Archbald, Pennsylvania, with $299 million in 2004 sales and 650 employees.

The ordnance and accessories industry peaked in 1984, with $1.93 billion in shipments and 14,700 production workers. Its lapse began as the Cold War era ended in 1989, along with other high-tech industries such as aerospace and the manufacture of search and navigation equipment. The decline in defense spending, along with the private sector recession of 1990 and 1991, were the main causes of the employment losses and downturns experienced in this industry.

The value of shipments in the industry was nearly $792 million in 1992, down 59 percent from 1984. By 1997 the industry rebounded to $1.1 billion in shipments and then steadily increased during the early 2000s. Though still far short of its totals from the early 1980s, in 2004 product shipments were valued at more than $1.4 billion, representing a gain of 22 percent from 1997...