European armoured vehicle market analysis

The downturn in the world economy was of course particularly resonant in Europe and it is no secret that most defence budgets have been significantly cut back in the past few years. However, expenditure on land force assets during the Afghanistan conflict has seen many of these militaries provided with a range of new vehicles to cope with the extremes of the environment and the ubiquitous IED – the number one killer of coalition forces throughout the campaign. As a result, many new pe...
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