Land-Based Air Defence Holdings & New Requirements
Air and Missile Defence programmes and requirements continue to evolve at a rapid pace. The threats pose by Russia in Europe and North Korea in the Far East have prompted increased BMD initiatives in these regions. At the same time, the market for all sectors of the Air Defence Systems market remains buoyant with over 30 countries having new procurement or upgrade programmes under way. The value of the Air and Missile Defence market is estimated to be over $30 Billion in the next 10 years
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