Future of the Moroccan Defense Industry - Market Size, Share, Growth, Attractiveness, Competitive Landscape and Forecasts to 2020
Morocco's defense spending capability is expected to increase over the forecast period, at a CAGR of 3.57%. The defense budget, which is projected to be US$3.3 billion in 2016, is expected to reach US$3.8 billion by 2020. This growth is primarily due to the government's steps to combat internal and external terrorist attacks, fortify border security, and procure new defense systems.
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