Mission Ready Solutions Inc (MRS)

[atomicnumber31]

3-4 Billion Market for Body Armour...


http://www.army-technology.com/features/feature-protection-racket-military-body-armour-business-booming/

Compared with many other military sectors, the body armour market has historically been one of the most consistent. A new Strategic Defence Intelligence report, "The Global Body Armour and Personal Protection Market 2013-2023", confirms this, showing worldwide demand is set to grow slowly but steadily in the next ten years.

According to the report, the market is expected to be worth US$2.4bn in 2013 and to increase to US$3.7bn by 2023, representing a compound annual growth rate of 4.58% during the forecast period.

Although the growth may be dependable over time, an unprecedented set of circumstances is conspiring to upset the apple cart. The US military, which has the biggest budget in the world, is by far and away the biggest customer for body armour, and is expected to account for 40.9% of the global market in the next decade.

Read more at http://www.stockhouse.com/companies/bullboard?symbol=v.mrs&postid=25498008#SaS9DEbWdwIMk8Cx.99