New research analyses Algeria defence market

A new report has been unveiled which highlights the growth in the Algeria defence market.

The report – Algeria Defense System Market Size, Share, Growth 2022 […] Analysis Research 2028 – provides a detailed outlook into market share and profiles of key participants.

Algeria defence market overview

According to the report, the major brands in the region are:

• Lockheed Martin Corporation
• Leonardo S.P.A
• BAE Systems
• Thales Group
• MBDA
• Aselsan A.S
• Rosoboronexport
• Entreprise Nationale des Vhicules Industriels
• NIMR-Algerie Joint Stock Company
• Khenchela Mechanical Constructions Establishment
• Seriana Company of Industrial Achievements (ERIS)

One of the primary reasons Algeria is said to be strengthening its defences is in response to an increased threat of terrorism in North Africa.

With a defence budget of US $10.3b in 2017, Algeria is reportedly the biggest military spender within the African region.

To find out more information, read the full report here.