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Drone makers cashing in as war tactics evolve

AFP [1]
February 26, 2012

They are deadly, hard to detect and fast becoming one of the most sought-after weapons in the air defence industry.

Global demand for unmanned aerial vehicles (UAVs), better known as┬ádrones, is heating up as armed forces invest in new systems to boost their ability to carry out reconnaissance and strikes without putting soldiers’ lives in danger.

Propelled by a rise in Asian defence budgets, annual global spending on UAVs is forecast to almost double from the current $5.9 billion to $11.3 billion over the next decade, according to US-based defence research firm Teal Group.

The Asia Pacific is the second largest buyer after the United States.

Full article here [1]