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20 Feb 2013  |  Latin America

Latin America Defence Market Assessment

Defence Modernization Needs Generate Market Opportunities for Foreign Weapon Suppliers

The Latin American defence market is an attractive market for the defence suppliers during the forecast period (20122021). Stable market revenue is mainly driven by the strong need to replace legacy defence platforms. On the other hand, defence procurement projects offer the Latin American countries the opportunity to not only increase security bu...

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