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GlobalData
GlobalData

Aerospace, Defense & Security

Advent’s attempt to takeover Ultra Electronics likely to succeed after US intervention, says GlobalData

The UK government’s anticipated approval of the acquisition of Ultra Electronics by Cobham, owned by US-based Advent, adds to an ongoing trend of acquisitions by major US companies, with the effects of COVID-19 and Brexit causing British firms to be undervalued making them attractive opportunities for investors, says GlobalData, a leading data and analytics company. William […]
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Israel is establishing itself as a prominent player in the electronic warfare sector, says GlobalData

Following the news that Israel Aerospace Industries (IAI) has been awarded a contract for its Scorpius-SP Airborne Self Protection Jammer by an undisclosed Asian country; Tushar Mangure, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “The Scorpius-SP jammer’s ability to simultaneously scan a large area for potential Surface-to-Air and Air-to-Air […]
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Critical munition reserve requirements are a reaction to Javelin and Stinger production woes, says GlobalData

Following the news that the National Defense Authorization Act will require the establishment of critical munition reserves and launch a scheme to track subcontractors involved in their production;Madeline Wild, Associate Defense Analyst at GlobalData, a leading data and analytics company, offers her view: “The inclusion of the new requirements shows a longer-term response to the […]
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European Defense Fund’s 2022 program encourages cooperation on space capabilities and autonomous naval vessels, says GlobalData

The European Defense Fund’s (EDF) 2022 investment program has particular utility for countries with smaller defense budgets who are seeking to access cutting edge technology, but can assist larger nations who are looking to develop new technology in collaboration with other EU partners, says GlobalData, a leading data and analytics company. The EDF aims to […]
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China set to reinforce itself as dominant naval power in APAC region following launch of third aircraft carrier, says GlobalData

Following the news that China has launched its third aircraft carrier, the Fujian; Sourabh Banik, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “The Fujian is a testament of Beijing’s continued advancements in defense capabilities and indicates its intention to contest the status quo in terms of maritime dominance worldwide. […]
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Magdrive’s novel electric propulsion device could revolutionize space for civil and defense uses, says GlobalData

Following the news that UK-based firm Magdrive plans to test a novel electric propulsion device in 2024;James Marques, Associate Aerospace, Defense and Security Analyst at GlobalData, a leading data and analytics company, offers their view: “Magdrive is developing a compact, energy-efficient engine to allow spacecraft to make minor adjustments whilst avoiding the drawbacks of expensive chemical thrusters. […]
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US adversaries’ hypersonic weapons threats will likely fund investment into variety of technologies in upcoming NDAA, says GlobalData

The US is currently the global leader in the development of directed energy weapons (DEWs) but faces threats from China and Russia who are also developing these systems, says GlobalData. The leading data and analytics company notes that China and Russia’s development of hypersonic weapons will likely result in increased investments in advanced technology in […]
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Rheinmetall’s new KF-51 Panther main battle tank will provide transformative change on the modern battlefield, says GlobalData

Following the news that Rheinmetall unveiled its new KF-51 Panther main battle tank (MBT) as the latest member of its KF family of tracked vehicles at Eurosatory 2022; Tristan Sauer, Land Domain Analyst at GlobalData, a leading data and analytics company, offers his view: “As a member of the European Main Ground Combat System (MGCS) […]
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US Army looks to remain flexible with latest requirements for Optionally Manned Fighting Vehicle program, says GlobalData

Following the news that representatives from the US Army’s Program Executive Office–Ground Combat Systems (PEO-GCS)—reiterated that current requirements for the OMFV remain malleable in anticipation of the publication of Requests for Proposal (RFP) for the third and fourth stages of the troubled program later this month; Tristan Sauer, Land Domain Analyst at GlobalData, offers his […]
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Shipbuilding continues to be vital to Scottish economy, says GlobalData

Following the news that the National Shipbuilding Office has recently established the Shipbuilding Enterprise for Growth (SEG);James Marques, Aerospace, Defense and Security Analyst at GlobalData, a leading data and analytics company, offers his view: “The SEG will help to maintain jobs, growth and expertise in Scottish shipbuilding. Establishing this industry-led forum fulfils the aims of the […]
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UK MoD quantum computing investment the first of many in public services, but the technology currently provides few tangible benefits to military commanders, says GlobalData

Following the news that the British government has purchased its first quantum computer, and will be working alongside Orca Computing to explore future applications for quantum technologies within the defense sector; Robert Stoneman, Service Director at GlobalData, and Tristan Sauer, Land Domain Analyst at GlobalData, offer their views: Stoneman comments: “The purchase of Orca’s PT-1 […]
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Indian Navy’s next-generation Corvettes will provide boost to the country’s naval shipbuilding industry and possess enhanced combat capabilities, says GlobalData

Following the news that the Defence Acquisition Council (DAC) has accorded Acceptance of Necessity (AoN) for the procurement of eight next-generation corvettes (NGC) for the Indian Navy; Tushar Mangure, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “The eight next-generation Corvettes (NGCs) will provide a much-needed boost to India’s naval shipbuilding […]
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Russian parts on foreign aircraft could complicate future international travel following war in Ukraine, says GlobalData

Following the news that Rosaviatsiya, the Russian Federal Air Transport Agency, has issued certificates to five Russian firms to develop parts for foreign aircraft; Harry Boneham, Aerospace Analyst at GlobalData, a leading data and analytics company, offers his view: “Rosaviatsiya’s certificates could carry consequences for travel between Russia and the West in the medium term. […]
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Astra Mk-1 will boost indigenous weapons manufacturing ecosystem and augment IAF combat capability, says GlobalData

Following the news that the Indian Ministry of Defence signed a contract with Bharat Dynamics Limited (BDL) to procure Astra Mk-1 Air to Air Missile (AAM); Tushar Mangure, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “The Astra Mk-1 Beyond Visual Range (BVR) Air to Air Missile (AAM) is expected […]
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Conflict in Ukraine will drive Bulgaria’s defense spending to $2.8 billion by 2027, says GlobalData

Bulgaria is spending $1.5 billion on defense in 2022 and this figure is forecast to climb to $2.8 billion by 2027 following the Russia-Ukraine conflict, according to GlobalData, a leading data and analytics company. GlobalData’s latest report ‘Bulgaria Defense Market Size and Trends, Budget Allocation, Regulations, Key Acquisitions, Competitive Landscape and Forecast, 2022-2027’ reveals that […]
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Russia-Ukraine conflict offers NATO members insight into 21st century high-intensity warfare, says GlobalData

Following the news that the British government has announced that it will provide £25 million in funding to the domestic defense sector to encourage innovation and bolster the industry’s capacity to fulfill the UAF’s requirements*; Tristan Sauer, Land Domain Analyst at GlobalData, a leading data and analytics company, offers his view: “The Russia-Ukraine conflict has […]
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