The market dynamics is fueled by increase in defense spending across Asia and North America and stabilization of the government funding in other major regions. Manufacturers of defense equipment across geographies are grappling with major challenges related to export-control regulations, issues on key technology transfers, and various intellectual-property issues. Companies are looking for a major overhaul in the commercial and defense portfolios and seeking a balance between the sectors to stay competitive in the aerospace & defense industry. The reports by Allied Market Research track prominent shifts, offer insights into the strategies of key industry players along with analyzing the trends in the change in their revenue share and size across various regions.
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