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Allied Market Research published a report, titled, "Defense Electronics Market, by Vertical (Communication & Display, Navigation, C4ISR, Electronic Warfare, Radar, and Optronics) and Platform (Airborne, Marine, Land, and Space): Global Opportunity Analysis and Industry Forecast, 2022–2032". According to the report, the global defense electronics market size was valued at $150.2 billion in 2022, and is projected to reach $254.0 billion by 2032, registering a CAGR of 5.72% from 2023 to 2032.