Visiongain’s new report predicts that the military unmanned maritime vehicles market will be worth $810.9 million by the end of 2016. The company said the growth is due to the increased technological development and crossover between commercial and military needs. “Globally, militaries are turning to UMVs to augment their manned capabilities,” said Sophie Hammond, Visiongain’s […] More

A new report by Visiongain indicates a slowdown in defense spending on military land vehicle electronics over the next year due to the end of ground troop deployments to Afghanistan and Iraq. The market will stall in North America and most of Europe, but Visiongain said Tuesday that modernization programs in Australia and France will help the market reach […] More