Increasing Number Of Product Launches Helped Accelerate The Upturn
North America is one of the dynamic markets for aerostat systems’ products and accounts for 35.1% of the global aerostat systems market. The market is also majorly dependent on defense spending in the region and new technology adaptation.
Possible $462 Million Sale Approved By The State Department
The State Department has made a determination approving a possible Foreign Military Sale to Lebanon for A-29 Super Tucano Aircraft and associated equipment, parts and logistical support for an estimated cost of $462 million. The Defense Security Cooperation Agency delivered the required certification notifying Congress of this possible sale on Jun 5, 2015.
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