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Doug Barrie: Worldwide Drone Demand to Steadily Increase

Doug Barrie: Worldwide Drone Demand to Steadily Increase - top government contractors - best government contracting event
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ReaperThe International Institute for Strategic Studies says reducing acquisition costs will increase demand for unmanned aircraft for intelligence, surveillance and reconnaissance applications, Agence France-Presse reported Tuesday.

IISS published its “Military Balance 2014” report stating that globally, more drones are being used by militaries, private companies and individuals.

“We’re going to see more of these things,” Doug Barrie, an aerospace market analyst with IISS, told the publication.

“They will proliferate from the kind of system you can stick in your backpack up to full-blown combat strike,” he added.

The U.S. remains the world’s highest military spender, with a defense budget of $600.4 billion last year, the report added.

China spent the second most with $112 billion followed by Russia with $68 billion and Saudi Arabia with $60 billion.

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Written by Mary-Louise Hoffman

is a writer of news summaries about executive-level business activity in the government contracting sector. Her reports for ExecutiveBiz are focused on trends and events that drive the GovCon industry to include commercial technologies that private companies are developing for federal government use. She contributes news content to ExecutiveBiz’s sister sites GovCon Wire and ExecutiveGov.

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