Future of the Iraqi Defense Industry - Market Trend, Growth, Analysis, Attractiveness, Competitive Landscape and Forecasts to 2020
The prevailing instability has made it imperative for the Iraqi defense ministry to make significant investments to strengthen its defense capabilities. The Iraqi MoD has increased its defense budget substantially in the last two years, with US$21.1 billion allotted for 2015. The budget is projected to reach US$24.1 billion by 2020, growing at a CAGR of 4.97%.
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