Frost & Sullivan: Defense Equipment Demand, Spending to Grow $60B Through 2018
Frost & Sullivan‘s newest Global Defense Outlook study projects defense procurement activities to grow by $60 billion between 2013 and 2018 due to equipment nearing end-of-life and requiring maintenance, repair and similar work. The business consulting firm said Thursday most spending and demand in 2013 were on C4ISR equipment such as radars and sensors, although recent economic […] More