NATO and Partner Nations are refocusing their efforts on Full Spectrum Air Defence (FSAD). As nations prepare for near-peer competition, forces must prepare to contest the air space from capable air forces and ballistic threats. On the other hand, the proliferation and democratisation of ballistic and UAV technologies means that even non-state actors can now project a limited but significant threat from the air. As a result of these pressures, the Air Defence Market is predicted to grow by a CAGR of 2.5% until 2029, from US$31.6 to US$35.7 billion. Investments include not only the modernisation of Air Defence platforms but the acquisition of new capabilities as well.

This report covers programmes related to:

• Air Defence
• Counter Ballistic and Hypersonic systems
• Counter Unmanned Arial Vehicles systems