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DSEI 2019: Growth inbound for Europe’s armoured vehicle market

5th September 2019 - 13:53 GMT | by Sonny Butterworth in London

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Over the next ten years, European militaries are expected to invest more funds into the modernisation of their armoured vehicle fleets in order to meet the demands of a potential conflict with a near-peer adversary. 

According to Defence Insight forecasting, this will grow the region’s share in the sector from $5.2 billion in 2019 to $7.1 billion in 2029, making it the second-largest armoured vehicles market in the world.

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Sonny Butterworth

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Sonny Butterworth


Sonny Butterworth was a Shephard Media analyst based in London. After completing a degree in …

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