Jay Clemens
Defence IQ has released a new report that forecasts the global airborne intelligence, surveillance and reconnaissance market to reach $43 billion by 2020.
The report indicates that the airborne ISR market sees strong acquisition worldwide and pegs its current value at nearly $20 billion, Defence IQ said Monday.
The market’s growth is also attributed to an increase in civil ISR spending, Defence IQ says.
“Given the widespread race for airborne information, the integration and interoperability of these systems is of course playing a major focal point for the future of joint force operations,” the company adds.
