Description: The UK defense market is expected to grow at a compound annual growth rate (CAGR) of 4.10% from 2024 to 2032. This growth is fueled by several factors, including increased defense spending, advancements in military technology, and ongoing modernization programs. Additionally, rising geopolitical tensions, commitments to NATO, international defense collaborations, and the growing need for robust cybersecurity measures are further driving the market's expansion across the country.
Category: News
Tag: UK Defense Industry Size