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Declining Defence Budgets and Reduction of Vehicle Procurement Numbers would be the Major Challenges
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The legacy military land equipment in most European armies are becoming irrelevant for present day operations, which demand special capabilities for operating in urban environments, asymmetric warfare and so on. The need to go for new equipment is strong. However, unfortunately, most European countries are affected by the recent economic turmoil, and affordability becomes a question. This study would provide crisp details about the current state of European military land vehicles market and would provide insights about the market opportunities.
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