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NAICS 336992 Quarterly Industry Report

Military Armored Vehicle, Tank, and Tank Component Manufacturing

Comprehensive industry research for valuation professionals, business owners, buyers, and lenders

NAICS Code: 336992Sector: 33Updated: Q1 2026

About This Report

This Fair Market Value industry report for NAICS 336992 draws on verified data from the U.S. Census Bureau[5], Bureau of Labor Statistics[6], and the Small Business Administration[7]. Our research team compiles establishment counts, employment data, and SBA eligibility criteria specific to military armored vehicle and tank manufacturing. Reports are updated quarterly to reflect new Census releases and regulatory changes.

Industry Snapshot

Key metrics for the military armored vehicle, tank, and tank component manufacturing industry.

Establishments
108
2024 annual average[1]
5-Year Growth
+6.3%
Establishment count, 2017–2022[2]
Avg. SBA Loan
$5M
7(a) program, FY 2025[4]
Industry Revenue
$7M
2022 Economic Census[2]
Share of Sector
0%
By establishment count, 2022 Census[2]
NAICS Sector
33

Industry Definition & Overview

Military Armored Vehicle, Tank, and Tank Component Manufacturing (NAICS 336992) encompasses establishments primarily engaged in manufacturing military armored vehicles, tanks, and their components. Products include main battle tanks, infantry fighting vehicles, armored personnel carriers, mine-resistant ambush protected (MRAP) vehicles, self-propelled artillery systems, armored reconnaissance vehicles, and armored security vehicles for non-military government agencies. The U.S. Census Bureau[5] classifies this industry under other transportation equipment manufacturing. Roughly 95 active businesses employ an estimated 21,300 workers in this industry. General Dynamics Land Systems dominates production of the M1 Abrams main battle tank and Stryker armored vehicle family, while BAE Systems produces the Bradley Fighting Vehicle and Armored Multi-Purpose Vehicle (AMPV). Oshkosh Defense manufactures the Joint Light Tactical Vehicle (JLTV) and MRAP variants. Production volumes depend entirely on Department of Defense procurement budgets and Foreign Military Sales (FMS) orders from allied nations. Manufacturing involves heavy steel plate cutting and welding for hull construction using ballistic steel grades and composite armor packages. Turret assembly integrates weapons systems, fire control electronics, and stabilization mechanisms. Automotive systems including powertrain, suspension, and steering adapt commercial heavy vehicle technology for military applications requiring off-road mobility, fording capability, and operation in extreme climates. Final assembly and testing at government-owned, contractor-operated (GOCO) facilities like the Joint Systems Manufacturing Center in Lima, Ohio preserves the industrial base for armored vehicle production between active procurement programs. Vehicle upgrades and reset programs that return combat-damaged vehicles to like-new condition generate ongoing production work between new vehicle contract awards.

What's Included in This Industry

  • Main battle tank manufacturing
  • Infantry fighting vehicle production
  • Armored personnel carrier manufacturing
  • MRAP vehicle production
  • Self-propelled artillery system manufacturing
  • Armored reconnaissance vehicle production
  • Tank turret assembly and integration
  • Armored hull fabrication and welding
  • Military vehicle upgrade and reset programs
  • Armored security vehicle manufacturing

NAICS Classification Hierarchy

NAICS classification hierarchy for 336992
LevelDescriptionCode
SubsectorTransportation Equipment Manufacturing336
Industry GroupOther Transportation Equipment Manufacturing3369
NAICS IndustryOther Transportation Equipment Manufacturing33699
National IndustryMilitary Armored Vehicle, Tank, and Tank Component Manufacturing336992

Related NAICS Codes

Related NAICS codes and their relationships
CodeDescriptionRelationship
336120Heavy Duty Truck ManufacturingManufactures commercial heavy duty trucks for civilian freight rather than the military armored combat and tactical vehicles produced exclusively for defense applications here
336110Automobile and Light Duty Motor Vehicle ManufacturingProduces automobiles and light duty vehicles for civilian transportation rather than the ballistic-protected armored vehicles manufactured for military combat operations
336414Guided Missile and Space Vehicle ManufacturingManufactures guided missiles and space vehicles as projectile and orbital systems rather than the ground combat armored vehicles and tanks produced in this classification
336999All Other Transportation Equipment ManufacturingProduces other transportation equipment not classified elsewhere, distinguished from the specific military armored vehicles and tanks covered by this dedicated defense code
336991Motorcycle, Bicycle, and Parts ManufacturingManufactures motorcycles and bicycles for consumer and commercial use rather than the armored military vehicles produced exclusively under government defense contracts here
332993Ammunition (except Small Arms) ManufacturingProduces ammunition and small arms rather than the armored vehicle platforms that carry and fire those weapons systems manufactured in this vehicle classification

Geographic Concentration

Top states by share of national establishments.

Top 10 states by establishment share for Military Armored Vehicle, Tank, and Tank Component Manufacturing
#State% Est.Total Est.
1Michigan
39.2%
20
2Texas
9.8%
5
3South Carolina
9.8%
5
4Alabama
9.8%
5
5Ohio
7.8%
4
6Wisconsin
5.9%
3
7Florida
5.9%
3
8California
5.9%
3
9Pennsylvania
5.9%
3
Source: County Business Patterns, U.S. Census Bureau[3]

SBA Lending Summary

8
Total SBA Loans
$40.0M
Total Loan Volume
$5.0M
Average Loan Size
10 yrs
Average Loan Term
9.35%
Average Interest Rate
96
Jobs Supported
Source: SBA 7(a) Program Data, U.S. Small Business Administration — FY 2025[4]
Key Insight: The SBA[7] sets the size standard for NAICS 336992 at 1,500 employees. Firms below this threshold qualify for small business set-aside contracts and SBA-backed lending programs. All production in this industry serves government defense customers. The SBA's contracting programs[8] support smaller firms pursuing subcontract roles on Army combat vehicle programs and component supply for armored vehicle production and reset operations. Eligible businesses can access SBA 7(a) loans[9] for working capital, equipment, and acquisition financing, while 504 loans[10] support major fixed-asset purchases including real estate and heavy machinery.

Top SBA Lenders

Top SBA lenders by volume for this industry
#LenderLoansVolumeAvg Loan
1Telhio Credit Union Inc8$40.0M$5.0M
View Full SBA Lending Details for NAICS 336992Includes top lenders, geographic distribution, annual trends, and loan-level analysis

Frequently Asked Questions

Common questions about this industry.

What types of businesses are classified under NAICS 336992?
Manufacturers of military armored vehicles, tanks, and tank components classify here. Products include main battle tanks, infantry fighting vehicles, armored carriers, MRAP vehicles, self-propelled artillery, and armored security vehicles per the Census Bureau[5] classification.
How is the military armored vehicle industry structured?
Roughly 95 businesses employ an estimated 21,300 workers per Census data[11]. Three prime contractors (General Dynamics, BAE Systems, Oshkosh Defense) produce the major Army combat and tactical vehicle platforms while smaller firms supply armored components and serve as subcontractors.
What is the SBA size standard for NAICS 336992?
The SBA[7] sets the threshold at 1,500 employees. Businesses with fewer than 1,500 average employees qualify as small for federal contracting preferences and SBA-backed financing programs including 7(a) and 504 loans.
What NAICS codes are related to military armored vehicle manufacturing?
Related codes include 336120 (Heavy Trucks), 336110 (Automobiles), 336414 (Guided Missiles), 336999 (Other Transportation), 336991 (Motorcycles), and 332993 (Ammunition). Each covers either civilian vehicles, other defense systems, or weapons manufacturing distinct from armored ground combat vehicles.
What industries interact with armored vehicle manufacturers?
Defense agencies, vehicle electronics producers, transmission manufacturers, steel mills, and fire control instrument makers interact most directly. Department of Defense procurement budgets and Foreign Military Sales orders to allied nations determine production volumes entirely.
What activities are included in NAICS 336992?
Activities include cutting and welding ballistic steel hull plates, assembling turret structures with weapons and fire control integration, installing military powertrain and suspension systems, integrating crew protection and communications equipment, performing vehicle acceptance testing, and executing reset programs that restore combat-damaged vehicles to production-equivalent condition.
Can armored vehicle manufacturers qualify for SBA loans?
Yes, firms below 1,500 employees qualify for SBA lending programs[8] including 7(a) and 504 loans. Ballistic steel cutting systems, heavy welding positioners, blast test facilities, and vehicle paint and coating systems represent capital investments suited to SBA 504 equipment financing.
Where are armored vehicle manufacturers concentrated?
Production centers on the Joint Systems Manufacturing Center in Lima, Ohio (General Dynamics, M1 Abrams and Stryker), York, Pennsylvania (BAE Systems, Bradley and AMPV), and Oshkosh, Wisconsin (Oshkosh Defense, JLTV). These government-owned or long-established facilities represent critical industrial base assets maintained between active production programs. Component suppliers cluster near these production centers and near Army testing installations in Michigan and Maryland.

Sources & References

Government datasets and editorial sources used in this report.

  1. [1]U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages bls.gov
  2. [2]U.S. Census Bureau, Economic Census census.gov
  3. [3]U.S. Census Bureau, County Business Patterns census.gov
  4. [4]U.S. Small Business Administration, SBA 7(a) Loan Program Data data.sba.gov
  5. [5]U.S. Census Bureau census.gov
  6. [6]Bureau of Labor Statistics bls.gov
  7. [7]Small Business Administration sba.gov
  8. [8]SBA's contracting programs sba.gov
  9. [9]SBA 7(a) loans sba.gov
  10. [10]504 loans sba.gov
  11. [11]Census data naicslist.com

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