Growth of Ammunition Market to Be Steered by Measures to Safeguard National Security
Currently, arms and ammunition form a large part of major nations' annual expenditures. This is because nations around the world are grappling with terrorist threats that have necessitated overhauling their defense capabilities. In this regard, organizations such as the North Atlantic Treaty Organization (NATO) are working towards counteracting terrorism by improving awareness of the threat, enhancing capabilities to prepare and respond, and intensifying engagement with partner nations and other international entities. Consequently, procuring and developing state-of-the-art weaponry and ammunition has...
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