in Industry News, News
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 conflicts and instability challenges; and […] More