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Thursday, October 1, 2009

SAM Manufacturers Eye $27.6 Bn Market through 2018

Although surface-to-air missiles (SAMs) have seldom been used in active combat in recent years, their production is still anticipated to be worth some $28 billion to manufacturers worldwide over the next 10 years.

"MBDA, Lockheed Martin and Raytheon will dominate this market," said Larry Dickerson, Senior Missile Analyst for Forecast International. The three companies will earn a combined $11.4 billion in SAM sales during the 2009-2018 period.

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