ANAHEIM, CA--(Marketwire - Mar 18, 2013) - Advanced Defense Technologies, Inc. (
UAVs are the fastest-growing sector in the aerospace industry, according to a recent study by defense consultancy The Teal Group. Current global sales are about $6.6 billion a year. This is expected to almost double to $11.4 billion annually over the next decade. Over the ten-year period $89 billion worth of drones are expected to be sold.
"The global drone and UAV market is growing at a very fast rate and becoming the largest portion of the aircraft sales in the world," stated R.S. Tahim, President and CEO of Advanced Defense Technologies Inc. "The general public will soon understand that less controversial uses for UAVs are being explored increasingly in the humanitarian, environment and agricultural sectors. In many cases, the systems are safer and cheaper than manned aircraft and in some cases the mini and micro drones will do things for the commercial civilian markets that were not possible before."
About Advanced Defense Technologies
Advanced Defense Technologies (ADTI) develops systems and technologies for the military defense and homeland security industry. The Company's system design technology has been developed under SBIR Programs with Government Agencies including NASA, DARPA, a prestigious defense contractor (Phillips Labs), and the US military (USAF, ARMY, NAVY and MDA). For more information regarding ADTI: www.theadti.com
Safe Harbor Statement
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