Growth seen for Latin America's defense market

April 20, 2015 2:34 PM

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Growth seen for Latin America's defense market

Forecast International tips market growth in Latin America for weapons and weapon platforms for use in counter-insurgency and counter-narcotics operations.

Market analysis firm Forecast International, in its latest report on the regional market, said counter-insurgency and surveillance equipment tops the shopping list of many countries as they battle guerrilla groups, some of which gain funding through narcotics trafficking.

Also read: UPDATE 1-Industrial equipment hire firm Ashtead hikes annual results forecast

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