Despite the widespread cuts to global defense budgets in the continued aftermath of the global economic crisis, this new report – The Global Missiles and Missile Defense Systems Market 2013-2023 – reveals that the global missiles and missile defense systems market is expected to grow at a CAGR of 4.6% between 2013 and 2023, ultimately reaching a value of US$29.6 billion. This growth is expected to be driven by internal and external security threats, territorial disputes, and modernization initiatives undertaken by armed forces worldwide. (Read more)
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