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GlobalData
GlobalData

Aerospace, Defense & Security

Germany’s delivery of heavy weaponry to Ukraine would seriously test military procurement structures, says GlobalData

Following the news that Germany is considering supplying Ukraine with German-made heavy weaponry; Madeline Wild, Associate Defense Analyst at GlobalData, a leading data and analytics company, shares her view: “There is currently little clarity around Germany supplying heavy weaponry, such as artillery and armored vehicles, to Ukraine. What is clear, however, is the immense strain […]
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India’s strategic goals and military position in IOR to benefit from successful testing of Brahmos cruise missiles, says GlobalData

Following the news that Indian Navy and Indian Air Force (IAF) have successfully tested different variants of Brahmos supersonic cruise missiles from INS Delhi Destroyer and Su-30 MKI fighter; Chandan Kumar Nayak, Analyst at GlobalData, a leading data and analytics company, offers his view: “Over the last few years, India has started to put greater […]
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Amid F-18 E/F Indian trials, strong prospects for Boeing to seal Indian Navy’s MRCBF deal, finds GlobalData

With Boeing’s F/A-18 E/F Super Hornet commencing its trials from Indian Shore Based Test Facility (SBTF), the prospects for to secure the $4.5-6bn deal have improved substantially. The ‘foldable wings’ factor is likely to tilt the deal in favor of Boeing as it involves the supply of 26 Multirole Carrier Borne Fighters (MRCBF) aircraft, including […]
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Finland seeks large UAV fleet as Europe rearms due to Russia-Ukraine conflict, says GlobalData

Following the news that the Finnish Defence Forces (FDF) are seeking to spend around €14 million on a large fleet of unmanned aerial vehicles (UAVs) due to the Russia-Ukraine conflict; James Marques, Associate Aerospace, Defence and Security Analyst at GlobalData, a leading data and analytics company, offers his view: “Finland intends to acquire anywhere from […]
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Mine resistant Australian Bushmasters to aid Ukraine in medical evacuations and shield against explosives, finds GlobalData

Following Ukrainian’s request, Australia has decided to contribute 20 locally built Bushmasters, including two ambulance variants to Ukraine. The mine resistant, ambush protected Bushmasters will provide ballistic protection to Ukraine with exceptional off-road mobility capability. Each Bushmaster can carry 10 people and sustain them for three days. Additionally, these can aid the army in ‘comfortable […]
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AR may struggle for battlefield applications but still beats VR, with revenues expected to reach $152 billion by 2030, says GlobalData

While augmented reality (AR) has so far been struggling to meet soldier’s expectations in the battlefield, GlobalData notes that the technology still brings critical advantages over virtual reality (VR). The leading data and analytics company notes that the technology is expected to generate revenues of $152 billion by 2030, as militaries begin to see the […]
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Indian defense manufacturing ecosystem to benefit from joint development of Multi Mission Tanker Transport program, finds GlobalData

Following the news that Hindustan Aeronautics Limited (HAL) signed a MoU with Israel Aerospace Industries (IAI) to convert civil aircraft to Multi Mission Tanker Transport (MMTT) for the Indian armed forces; Tushar M, Defence Analyst at GlobalData, a leading data and analytics company, offers his view: “The new aerial refuelers to be developed and procured […]
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Hypersonic cooperation next step in AUKUS agreement to combat China threat, observes GlobalData

Following the news that Australia, the US, and the UK (AUKUS) will cooperate on the development of hypersonic weapons; William Davies, Associate Defense Analyst at GlobalData, a leading data and analytics company, offers his view:  “Given that the hypersonic technology has been a priority for the US in recent years and Australia is increasingly concerned […]
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US budget increase will fund key capabilities but will not address problems caused by inflation and COVID-19 pandemic, says GlobalData

Following the announcement that President Biden is requesting $813 billion for the 2023 defense budget; William Davies, Associate Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “This budget represents a 4.3% increase on the previous year, and prioritizes shipbuilding, space capabilities, missile warning systems and modernizing nuclear systems including submarine […]
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German procurement of the Arrow 3 would plug ICBM MDS capability gap, says GlobalData

Following the news that Germany is considering procuring a new missile defense system, namely Israel Aerospace Industries’ (IAI) Arrow 3;Madeline Wild, Associate Defense Analyst at GlobalData, a leading data and analytics company, shares her view: “The procurement of the Arrow 3 would allow Germany to protect itself against the threat of inter-continental ballistic missiles (ICBMs), […]
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Lockheed Martin partnering with Korean and UK firms for new British Artillery may provide a boost for the domestic industry, finds GlobalData

Following the news that Lockheed Martin UK has joined Hanwha Defense, Leonardo UK and others to produce self-propelled howitzers; James Marques, Associate Aerospace, Defence and Security Analyst at GlobalData, a leading data and analytics company, offers his view: “The South Korean-led consortium known as ‘Team Thunder’ are bidding to manufacture and supply self-propelled artillery platforms […]
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Global naval vessels and surface combatants market to reach $519.8 billion by 2032, driven by naval modernization initiatives, says GlobalData

To protect maritime borders from illegal activities, countries across the globe have been steadily increasing their military capital expenditure (CapEx) on naval vessels. As a result, the growth of the naval vessels and surface combatants market is forecast to reach $519.8 billion by 2032 at a compound annual growth rate (CAGR) of 3.23%, according to […]
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North Korean ICBM test will spur increased spending and cooperation between South Korea and allies, says GlobalData

Following the news that North Korea has tested an Intercontinental Ballistic Missile (ICBM); William Davies, Associate Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “North Korea’s try-out of the ICBM is the latest in a number of missile tests conducted in recent weeks. However, the earlier tests were of smaller […]
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EU’s ‘Strategic Compass’ will strengthen its relationship with other alliances, says GlobalData

Following the release of the EU’s new ‘Strategic Compass’ which explicitly names Russia as a threat; William Davies, Associate Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “This strategic shift will likely lead to an increase in EU defense cooperation and an increased use of organizations such as the European […]
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Amid Chinese invasion threat, Taiwan’s defense expenditure hits 12% CAGR in 2022, finds GlobalData

The rapid modernization of the People’s Liberation Army (PLA) of China, invasive drills and Taiwan’s aging equipment has forced the Taiwanese government to increase its defense expenditure besides enhancing its defense capabilities. Consequently, the total defense expenditure hit a robust compound annual growth rate (CAGR) of 12.0% to record $16.9bn in 2022 and will continue […]
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Loitering munitions supplied by the US, will supplement Ukraine’s existing anti-armor strategy, says GlobalData

Following the news that the US is providing Ukraine with loitering munitions; William Davies, Associate Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Loitering munitions have seen minimal use so far in the Ukraine crisis, with the only example being Russia using the ZALA KYB for surveillance as well as […]
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Russia’s nationalizing of leased aircraft is unlikely to save its aerospace industry, says GlobalData

Following the news that Russia is halting foreign investors from repossessing aircraft; William Davies, Associate Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Despite this act providing Russia with more functioning planes, at least in the near future, a number of serious problems are likely to arise in the coming […]
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Germany’s F-35 procurement will provide stealth strike capabilities despite lack of nuclear certification, says GlobalData

Following the news that sources within the German government have confirmed the procurement of up to 35 F-35 jets as a replacement to the current Tornado fleet; Madeline Wild, Associate Defense Analyst at GlobalData, a leading data and analytics company, shares her view: “A fleet of F-35s will provide the Luftwaffe aircraft with much-needed stealth […]
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Denmark boosts defense spending and weans off Russian energy as relations worsen, says GlobalData

Following the news that Danish military spending is now projected to reach 2% of gross domestic product (GDP) by 2033, the latest sign of shifting attitudes towards defense spending in Europe; James Marques, Associate Aerospace, Defence and Security Analyst at GlobalData, a leading data and analytics company, offers his view: “Danish Prime Minister Mette Frederiksen […]
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