Tag Archives: Nexter Munitions

Research and Markets: Military Modernization Efforts to Help Drive Ammo Demand Through 2027

A new Research and Markets report forecasts that the worldwide market for military ammunition products will grow at a 2.21 percent annual compound growth rate to reach $16.6 billion in value by 2027. The company said Tuesday the projected ammo demand over the next 10 years will be driven by military modernization initiatives; regional …

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