Aerospace and Defense Channel

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Electronic Warfare Market Redefining the Strength of the Defense Industry

A MarketsandMarkets report forecasts the global electronic warfare market, which was estimated to be valued at USD 24.20 billion in 2017, will grow to USD 30.32 billion by 2022, a CAGR of 4.61 percent between 2017 and 2022. Defense modernization programs and increasing procurement of advance electronic warfare systems are the major factors fueling the growth, a combination of cyber operations and electronic warfare capabilities for both defense and offensive operations.


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