European Defense Industry 2021: Challenges and Trends
Epicflow Blog
MARCH 16, 2021
Budget cuts, R&D underinvestments. . billion due to the pandemic. . Budgets for 2021 and further will be cut only in a couple of countries. For example, Russia is going to reduce military spending by 5% due to the pandemic’s negative consequences. Europe Striving for Sustainability . in 2020 to $2.27
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