According to a report by Allied Market Research, the global market for nuclear missiles and bombs will exceed 6 126 billion within 10 years, which is about 73% higher than the 2020 level.
Foreign news agency Reuters quoted a report by a research firm based in Portland in 2020 as saying that geopolitical conflicts and an increase in large military budgets could increase the figure at an annual rate of 5.4% by 2030. Will
US President Joe Biden last week called for a national defense budget that would prioritize the modernization of ballistic missile submarines, bombers and surface-to-air nuclear triads.
The report predicts an increase in demand for small nuclear warheads that could be easily used by aircraft and ground-based missiles. According to the report, ballistic missiles (SLMs) launched from submarines in 2020 accounted for a quarter of the market.
Britain, China, France, Russia and the United States said in a joint statement earlier this year that no one could win a nuclear war and that it should be avoided.