Remove 2027 Remove Innovation Remove Sustainability Remove Technical Review
article thumbnail

European Defense Industry 2021: Challenges and Trends

Epicflow Blog

billion due to the pandemic. . For example, Russia is going to reduce military spending by 5% due to the pandemic’s negative consequences. The aeronautical dimension, being part of the aerospace ecosystem that belongs to the Defence industry, is hard-hit by the 50% drop in turnover due to the pandemic restrictions.

2021 98