ASEAN Defense: Spending to Create Perfect Soldiers Going Up

Economic Slump Hits the World, But Governments Prefer Perfect Soldiers than Good Citizens
Economic Slump Hits the World, But Governments Prefer Perfect Soldiers than Good Citizens

The Soldier Modernisation Market 2009-2019

“Soldier modernisation applications generated a total $440 million in sales worldwide during 2008”

The soldier modernisation market has marked advantages, especially given the continuing importance placed on foot soldiers. The current global financial situation will naturally weigh on governments’ minds, affecting some decisions in this market. However, soldier modernization, which seeks to enhance the capabilities of individual soldiers and small units, the key building blocks of military ground operations, is a sector where high investment is expected to continue.

The new defence report “The Soldier Modernisation Market 2009-2019” examines current trends and future prospects for the soldier modernisation market. This report shows how revenues will rise steadily over the next decade. This is a market that emerged in the 1990s, showed real technological and commercial promise this decade, achieving further growth and development during the report’s forecast period, 2009 to 2019.

 

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