Austrian Defense Industry Future 2020 - Market Attractiveness, Competitive Landscape and Forecasts: ResearchMoz
The Austrian defense market will be driven by active participation in peacekeeping missions along with a focus to modernize its military by procuring advanced defense systems. In addition, the capital expenditure allocation is anticipated to average 23.6% of the total defense budget during 2016–2020 and defense equipment procurements are expected to be in the areas of military rotorcraft, unmanned aerial vehicles (UAVs), and spending towards cyber security and soldier modernization.
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