Search This Blog

Saturday, April 30, 2011

Middle East Military Air Market to Showcase Robust Growth Between 2011 and 2020, Says Frost & Sullivan

Patriot PAC-3Due to the increased recognition of advanced air platforms as a force multiplier, Middle Eastern Ministries of Defence (MODs) are acquiring defensive air capability in earnest. The regional military air market is accordingly set to generate revenues of $62.90 billion between 2010 and 2020.

New analysis from Frost & Sullivan (http://www.aerospace.frost.com), The Middle East Military Air Market - Revenue Opportunities and Stakeholder Mapping, finds that the Middle East military air market would earn revenues of $1280 million in 2010 and estimates this to reach $3906 million by 2020.

The solid rise could be attributed to growing recognition of air assets as a force multiplier across all regional defence communities. The following countries are covered in the research: Saudi Arabia, UAE, Oman, Qatar, Kuwait and Bahrain.

Read more
om

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Subscribe to: Post Comments (Atom)

Fair Use Notice

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.

The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.

I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.

If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.

This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.