European Defense Industry 2021: Challenges and Trends
Epicflow Blog
MARCH 16, 2021
Budget cuts, R&D underinvestments. . Budgets for 2021 and further will be cut only in a couple of countries. In most European countries the defence budgets don’t have any alterations this year. It’s intended to cover 2021-2027 years with a total budget of 14.8 in 2020 to $2.27 billion , compared with 2019’s $2.74
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