K9 Thunder Continues to Drive the Self-Propelled Artillery Market

Forecast International, NEWTOWN: The international market for self-propelled artillery remains a highly competitive and dynamic environment. In its annual analysis “The World Market for Self-Propelled Artillery Systems” the Forecast International Weapons Group expects the market will produce over 4,500 self-propelled artillery systems, worth about $14.03 billion, through 2015. 
 
Dean Lockwood, a weapons systems analyst at Forecast International, notes that the market reflects three design factions. Most armies rely on tried-and-true older designs, such as the classic BAE Systems Land & Armaments (formerly United Defense LP) M109 series. Newer designs tend to borrow liberally from this benchmark design. 
 
According to Lockwood,