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Analyst: Global Spending On UAVs To Reach $5.34 Billion By 2017

November 17, 2011

New Report Cites Defense Increases, Growth In Civil Market Market research firm Global Industry Analysts (GIA) has released what it says is a comprehensive global report on Unmanned Aerial Vehicles (UAV) and Systems market. The global spending on UAV and Systems is projected to reach $5.34 billion by the year 2017, primarily driven by factors such as increase in defense budgets, proliferation of numerous civil and military operations and increasing use of these vehicles in testing operations.

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