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This 224-page report details how the armoured vehicle sector is structured, on the eve of further consolidation. It details the main figures for each major player, from revenues and profitability to financial strength. It also includes a general view of the main programmes. It is widely illustrated, with many tables and graphs. Further consolidation in the European armoured vehicle industry is likely forthcoming. General Dynamics and BAE Systems are shaping two leading transatlantic land armament businesses. How will it affect other players in the field ? What are the options opened to them and their stakeholders ? How could they react ? There is currently a window of opportunity for the creation of a major European entity. Who could participate ? Under which conditions ? Partners and suppliers are under the same pressure to consolidate. Who are they and who could be involved ? Which lines would they follow for regrouping ? We met the leading companies in the industry, at DSEi in London in September 2005 and Eurosatory in June 2006, or for one-on-one meetings, including: BAE systems, General Dynamics, Giat Industries, Krauss-Maffei Wegmann, Oto Melara, Rheinmetall, etc.