Report Outlines Declines in Defense Spending

January 9, 2014
The decline of defense spending will likely force new revenue streams for the aerospace and defense industry that may include innovations in intelligence, precision strike technologies, and cyber security. "It is anticipated that global revenues for the defense sector will track to similar levels as in the past two years, particularly in the U.S. and Europe," said Tom Captain, DTTL Global Aerospace and Defense Sector leader.
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