Defence giants to maintain grip on weapons market despite drone boom

Despite the increasing popularity of drones, major defense companies are expected to continue dominating the global weapons market, accounting for 80% of sales well into the next decade, according to a recent report. This highlights the entrenched position of traditional arms manufacturers, even as new technologies like drones emerge. This trend underscores the complex dynamics at play in the defense industry, where established players maintain a stronghold, suggesting a slow but steady evolution rather than a complete disruption. For stakeholders, this means adapting to an environment where innovation coexists with established dominance.