Precision munitions procurement set to soar

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Over the next ten years the NATO’s precision guided artillery capability is expected to increase significantly, although this is unlikely to signal a similar rise in market value. NATO has become a major user of precision munitions due to complex counter insurgency operations in Afghanistan and previously Iraq which have required a greater level of accuracy than previous conflicts. It is expected that the demand for such weapons will continue during the next decade with data taken from J...
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