European Defense Industry 2021: Challenges and Trends
Epicflow Blog
MARCH 16, 2021
The industry is expected to begin recovering in 2021 but there are a lot of barriers on its way to restoration. Let’s consider the challenges the aerospace and defence industries are facing today and what trends are leading in the year 2021. Budget cuts, R&D underinvestments. . billion , compared with 2019’s $2.74
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