Global Armored Vehicles Market Report 2024

Armored Vehicles Global Market Report 2023 – By Vehicle Type (Armored Personnel Carrier, Infantry Fighting Vehicle, Main Battle Tanks, Tactical Truck, Bus, Others), By Platform (Combat Vehicles, Combat Support Vehicles, Unmanned Armored Ground Vehicles), By System (Engine, Drive System, Ballistic Armor, Fire Control System (FCS), Armaments, Ammunition Handling System, Countermeasure System, Command And Control System, Others), By Mobility (Tracked, Wheeled, 4X4, 6X6, 8X8, Others) – Market Size, Trends, And Global Forecast 2023-2032

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The armored vehicle is a self-propelled, weaponized military vehicle used for combat operations. The armored vehicles combine operational mobility with offensive and defensive capabilities.

The main vehicle types of armored vehicles are armored personnel carriers, infantry fighting vehicles, main battle tanks, tactical trucks, buses, and others. An armored personnel carrier is a type of armored military vehicle used to transport personnel and equipment in combat zones. The various platforms include combat vehicles, combat support vehicles, unmanned armored ground vehicles, and the different systems involved are the engine, drive system, ballistic armor, fire control system (FCS), armaments, ammunition handling system, countermeasure system, command and control system, and others. By mobility, the armored vehicles are classified into tracked, wheeled, 4x4, 6x6, 8x8, and others.

The global armored vehicles market is segmented –

1) By Vehicle Type: Armored Personnel Carrier, Infantry Fighting Vehicle, Main Battle Tanks, Tactical Truck, Bus, Others

2) By Platform: Combat Vehicles, Combat Support Vehicles, Unmanned Armored Ground Vehicles

3) By System: Engine, Drive System, Ballistic Armor, Fire Control System (FCS), Armaments, Ammunition Handling System, Countermeasure System, Command and Control System, Others

4) By Mobility: Tracked, Wheeled, 4X4, 6X6, 8X8, Others

The global armored vehicles market size will grow from $11.73 billion in 2022 to $12.58 billion in 2023 at a compound annual growth rate (CAGR) of 7.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global armored vehicles is expected to grow to $15.34 billion in 2027 at a CAGR of 5.1%.

Increased military spending is expected to fuel the growth of the armored vehicle market over the forecast period. Countries around the world are investing in the military because of their conflicts and rivalries with other nations. Military expenditure covers operations, maintenance, arms acquisition, armored vehicles, and military research and development. For instance, in April 2022, according to the Stockholm International Peace Research Institute (SIPRI), a Sweden-based international research institute on arms control, arms transfers and non-proliferation, in 2021, total global military spending was expected to increase by 0.7% in real terms to $2113 billion. This was the seventh year in a row that spending increased. Military R&D funding in the United States increased by 24% between 2012 and 2021, while China, the world's second-largest spender, allocated an estimated $293 billion to its military in 2021, a 4.7% increase over 2020. China's military spending has increased for the past 27 years.

Major players in the armored vehicles market are BAE Systems, Oshkosh Corp., International Armored Group, General Dynamics Land Systems, Textron, Rheinmetall, Lockheed Martin, Krauss-Maffei Wegmann, INKAS Armored Vehicle, Elbit Systems, IVECo., Lenco Industries, Navistar, Thales Group, STREIT Group, UralVagonZavod, Ukroboronprom, NORINCo., BMW, Ford Motor Company, The Raytheon and Mitsubishi Heavy Industries and Hyundai.

The high cost of armored vehicles is expected to limit the growth of the armored vehicle market in the forecast period. The cost of armored vehicles is high because armored vehicles are fitted with strict attention to quality to provide uncompromising protection while on the route. For example, the Inkas Sentry Civilian is an armed personnel carrier that starts at a base price of $350,000. Therefore, the high cost of armored vehicles hinders the growth of the armored vehicle market.

The unmanned armored vehicle is a key trend gaining popularity in the armored vehicle market. The use of unmanned armored vehicles in the defense sector is increasingly evolving, and military organizations around the globe are experimenting with their use in an attempt to understand what such systems can bring and how they can best be incorporated into existing power structures. For instance, in March 2020, the first unmanned armored vehicle from SOORAN, capable of fighting on battlefields and operating from a distance, grabbed the attention of the Indian Army. Sooran is an artificial intelligence multi-terrain vehicle fitted with a petrol engine and can be controlled in three modes, including remote teleoperation, mobile control station teleoperation, and autonomous mode.

In May 2020, BAE Systems, a USA-based aerospace company, acquired Raytheon Company for an undisclosed amount. This acquisition augments BAE Systems’ portfolio in airborne communications with broad-spectrum, multi-band, multi-channel radios that feature robust anti-jamming and encryption capabilities. Raytheon Company is a US defense contractor and industrial corporation with core manufacturing concentrations in weapons and military and commercial electronics.

Asia-Pacific was the largest region in the armored vehicles market in 2022. Western Europe is expected to be the fastest-growing region in the global armored vehicles market during the forecast period. The regions covered in the global armored vehicles market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the armored vehicles market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The armored vehicle market consists of sales of armored vehicles such as tanks, tank destroyers, infantry fighting vehicles, armored personnel carriers, and self-propelled guns. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The armored vehicles market research report is one of a series of new reports from The Business Research Company that provides armored vehicle market statistics, including global market size, regional shares, competitors with an armored vehicle market share, detailed armored vehicle market segments, market trends and opportunities, and any further data you may need to thrive in the armored vehicle industry. This armored vehicle market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

    Table Of Contents

    1. Executive Summary

    2. Armored Vehicles Market Characteristics

    3. Armored Vehicles Market Trends And Strategies

    4. Armored Vehicles Market – Macro Economic Scenario

    4.1 COVID-19 Impact On Armored Vehicles Market

    4.2 Ukraine-Russia War Impact On Armored Vehicles Market

    4.3 Impact Of High Inflation On Armored Vehicles Market

    5. Armored Vehicles Market Size And Growth

    5.1. Global Armored Vehicles Historic Market, 2017-2022, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Armored Vehicles Forecast Market, 2022-2027F, 2032F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Armored Vehicles Market Segmentation

    6.1. Global Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Armored Personnel Carrier

    Infantry Fighting Vehicle

    Main Battle Tanks

    Tactical Truck

    Bus

    Other

    6.2. Global Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Combat Vehicles

    Combat Support Vehicles

    Unmanned Armored Ground Vehicles

    6.3. Global Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Engine

    Drive System

    Ballistic Armor

    Fire Control System (Fcs)

    Armaments

    Ammunition Handling System

    Countermeasure System

    Command And Control System

    Others

    6.4. Global Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Engine

    Drive System

    Ballistic Armor

    Fire Control System (Fcs)

    Armaments

    Ammunition Handling System

    Countermeasure System

    Command And Control System

    Others

    6.5. Global Armored Vehicles Market, Segmentation By Mobility, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Tracked

    Wheeled

    4X4

    6X6

    8X8

    Others

    7. Armored Vehicles Market Regional And Country Analysis

    7.1. Global Armored Vehicles Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    7.2. Global Armored Vehicles Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    8. Asia-Pacific Armored Vehicles Market

    8.1. Asia-Pacific Armored Vehicles Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    9. China Armored Vehicles Market

    9.1. China Armored Vehicles Market Overview

    9.2. China Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

    10. India Armored Vehicles Market

    10.1. India Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    11. Japan Armored Vehicles Market

    11.1. Japan Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    12. Australia Armored Vehicles Market

    12.1. Australia Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    13. Indonesia Armored Vehicles Market

    13.1. Indonesia Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    14. South Korea Armored Vehicles Market

    14.1. South Korea Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    15. Western Europe Armored Vehicles Market

    15.1. Western Europe Armored Vehicles Market Overview

    15.2. Western Europe Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    16. UK Armored Vehicles Market

    16.1. UK Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    17. Germany Armored Vehicles Market

    17.1. Germany Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    18. France Armored Vehicles Market

    18.3. France Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    19. Eastern Europe Armored Vehicles Market

    19.1. Eastern Europe Armored Vehicles Market Overview

    19.2. Eastern Europe Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    20. Russia Armored Vehicles Market

    20.1. Russia Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    21. North America Armored Vehicles Market

    21.1. North America Armored Vehicles Market Overview

    21.2. North America Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    22. USA Armored Vehicles Market

    22.1. USA Armored Vehicles Market Overview

    22.2. USA Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    23. South America Armored Vehicles Market

    23.1. South America Armored Vehicles Market Overview

    23.2. South America Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    24. Brazil Armored Vehicles Market

    24.1. Brazil Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    25. Middle East Armored Vehicles Market

    25.1. Middle East Armored Vehicles Market Overview

    25.2. Middle East Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    26. Africa Armored Vehicles Market

    26.1. Africa Armored Vehicles Market Overview

    26.2. Africa Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    27. Armored Vehicles Market Competitive Landscape And Company Profiles

    27.1. Armored Vehicles Market Competitive Landscape

    27.2. Armored Vehicles Market Company Profiles

    27.2.1. BAE Systems

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Oshkosh Corp

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. International Armored Group

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. General Dynamics Land Systems

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Textron

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Armored Vehicles Market

    29. Armored Vehicles Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Table 3: Global Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 4: Global Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 5: Global Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 6: Global Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 7: Global Armored Vehicles Market, Segmentation By Mobility, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 8: Global Armored Vehicles Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 9: Global Armored Vehicles Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 10: Asia-Pacific, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 11: China, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 12: India, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 13: Japan, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 14: Australia, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 15: Indonesia, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 16: South Korea, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 17: Western Europe, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 18: UK, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 19: Germany, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 20: France, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 21: Eastern Europe, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 22: Russia, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 23: North America, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 24: USA, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 25: South America, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 26: Brazil, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 27: Middle East, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 28: Africa, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 29: BAE Systems Financial Performance
  • Table 30: Oshkosh Corp Financial Performance
  • Table 31: International Armored Group Financial Performance
  • Table 32: General Dynamics Land Systems Financial Performance
  • Table 33: Textron Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Figure 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Figure 3: Global Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 4: Global Armored Vehicles Market, Segmentation By Platform, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 5: Global Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 6: Global Armored Vehicles Market, Segmentation By System, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 7: Global Armored Vehicles Market, Segmentation By Mobility, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 8: Global Armored Vehicles Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 9: Global Armored Vehicles Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 10: Asia-Pacific, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 11: China, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 12: India, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 13: Japan, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 14: Australia, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 15: Indonesia, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 16: South Korea, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 17: Western Europe, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 18: UK, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 19: Germany, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 20: France, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 21: Eastern Europe, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 22: Russia, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 23: North America, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 24: USA, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 25: South America, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 26: Brazil, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 27: Middle East, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 28: Africa, Armored Vehicles Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 29: BAE Systems Financial Performance
  • Figure 30: Oshkosh Corp Financial Performance
  • Figure 31: International Armored Group Financial Performance
  • Figure 32: General Dynamics Land Systems Financial Performance
  • Figure 33: Textron Financial Performance
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