Join Shephard Media CEO Darren Lake as he provides a comprehensive overview of the key trends and developments shaping the defence industry.
Darren highlights the ongoing impact of the invasion of Ukraine on the defence industry. He discusses the urgent need for Western European governments to recapitalise their armed forces over the next five to ten years, especially as Russia continues to maintain its defence industry on a war footing.
According to Shephard's Defense Insight Analysis, Europe is expected to invest around €39 billion in armoured vehicles over the next five years, with an anticipated acquisition of 11,000 to 12,000 units. Darren also emphasizes the growing demand for uncrewed systems, influenced by lessons learned from the conflict in Ukraine.
Furthermore, Darren notes the increasing penetration of uncrewed ground systems into the market. Many companies at Eurosatory are showcasing how these systems can be integrated into existing force structures.
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