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2025-08-05 06:32:08 -

Missile Market Sees Innovation in Cruise Missile Capabilities

The global missile market size was estimated at USD 55.70 billion in 2023 and is projected to reach USD 93.56 billion by 2030, growing at a CAGR of 7.4% from 2024 to 2030. Market growth is primarily driven by increasing defense expenditures, rapid advancements in missile technology, a heightened focus on national security, and the growing need for effective deterrence against threats...

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