According to 6Wresearch, North America Short-Range Air Defense Systems Market size is projected to grow during 2019-25. Growing US government expenditure to strengthen the air defense system would fuel the market demand for short-range air defense market. U.S. Army has recently awarded a contract to Northrop Grumman and Raytheon to build a 50-kilowatt-class laser weapon for the Short-Range Air Defense system market and has also passed a budget of over $600 billion for the defense sector, which is the highest amount spent on defense globally, which might further propel the growth of short-range air Defense System Market in the forecast period.
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