Market Environment

Improving markets provide a strong backdrop for our growth plan

  • Continuing positive trend on Defence budget started in 2014 
  • (CAGR 17-22: +1.7%)
  • Procurement and RDT&E investments keep a growing tendency prompted by combination of improved economic conditions and the continued emergence of strategic challenges
  • USA growing trend coherent with the “Rebuilding the Military” initiative
  • European efforts to increase Defence budget to 2% GDP in NATO Countries
  • Asia Pacific & Middle East most attractive EU markets