Air Defense Systems Market is Estimated to Witness High Growth...

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2023-12-18 12:18:32 -

Air Defense Systems Market is Estimated to Witness High Growth Owing to Opportunity for Border Protection

Increasing defense budgets across major economies is one of the key factors accelerating growth of the air defense systems market. Many countries are investing heavily in strengthening their defense mechanisms in view of evolving security challenges. For instance, the US defense budget for the fiscal year 2023 stands at USD 778 billion, marking a 4.1% rise from 2022. Similarly, India's defense...

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