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Article Excerpt
In response to standing NATO directives, several member states have actively implemented new vessel procurement programs. CEE countries like Poland, Bulgaria, and Romania are modernizing their largely Soviet-era fleets, while countries with advanced navies, like Italy, push for high-technology solutions.
New analysis from Frost & Sullivan, "European Naval Sensors (EO/IR) Market Assessment," finds that the market earned revenues of over $28 million in 2008 and estimates this to reach $91 million in 2017. The market...
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