The nuclear bombs and missiles market is set to witness growth in this decade as market capitalization will reach $126 billion, Allied Market Research said in a recent report.
Back in 1994, Ukraine had signed on to the Non-Proliferation Treaty (NPT) and declared itself a non-nuclear state. Even after the annexation of Crimea, the country remained committed to its non-nuclear status and found itself at a disadvantage with Russia threatening to attack its borders. Given that the Ukrainian conflict has continued unabated for over a month now, it is likely that countries will move toward nuclear weapons adversaries. Although a nuclear war would be catastrophic for one and all, the weapon serves as a good deterrence measure during periods of uncertainty.
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