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GlobalData
GlobalData

Aerospace, Defense & Security

China’s defense acquisition expenditure to grow at 5.75% CAGR through 2026, finds GlobalData

Territorial disputes over the South China Sea and historical conflicts with India have influenced China’s decision to build a modern and battle-ready People’s Liberation Army (PLA), both in procurement and future aspirations. Against this backdrop, the country’s defense acquisition expenditure is expected to grow exponentially and record a strong compound annual growth rate (CAGR) of […]
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Lithuanian defense spend to increase to $1.9 billion by 2026 as modernization program aims to protect country from a more assertive Russia, says GlobalData

The threat of Russian hostility and ongoing military activity on the Belarussian border is driving Lithuania to increase its defense military spend over the next 5 years to reach $1.9 billion by 2026, a compound annual growth rate (CAGR) of 7.26%, according to leading data and analytics company GlobalData. GlobalData’s latest report ‘Lithuanian Defense Market – […]
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Internet of Military Things has potential to transform warfare and serve as a force multiplier for advanced militaries, says GlobalData

Modern warfare is increasingly information-based with soldiers and decision-makers needing a continual flow of up-to-date information to quickly make the best decisions possible. The Internet of Military Things, or IoMT, is at an early stage of its development, however its ability to speed up and increase the efficiency of the observe, orient, decide, act (OODA) […]
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Australia launches first Arafura-class patrol boat for maritime missions as China completes South China Sea naval exercise, says GlobalData

Following news that Australia launched the first Arafura-class offshore patrol boat Osborne Naval Shipyard in South Australia and China completed a seven-day intensive live-fire exercise in the South China Sea; Mathew George, Ph.D., Aerospace & Defense Practice Head at GlobalData, a leading data and analytics company, offers his view: “NUSHIP Arafura is the first of […]
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Australia’s AS9 selection should aid Team Thunder to secure bid for UK’s ‘Mobile Fires Platform’ contract, says GlobalData

Following the news that Australia has chosen Hanwha Defense’s K9 (Australian designation AS9) for their new self-propelled howitzer; Madeline Wild, Associate Defense Analyst at GlobalData, a leading data and analytics company, comments: “Australia’s decision to purchase 30 AS9 for its army should help Team Thunder (led by Hanwha Defense), in its bid, to secure the […]
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Delayed Sky Sabre entering service progresses the British Army’s Future Soldier program, says GlobalData

Following the news that Sky Sabre air defense system has replaced Rapier and entered service with the British Army; Madeline Wild, Associate Defense Analyst at GlobalData, a leading data and analytics company, comments: “Given it is a year behind schedule, the Sky Sabre air defense system’s entry into service has been long awaited. However, the […]
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Omicron variant unlikely to result in long-term setback for aviation recovery, says GlobalData

Following the growing spread of the Omicron variant and concerns over how it may impact the aerospace market;Madeline Wild, Associate Defense Analyst at GlobalData, a leading data and analytics company, offers her view: “Aviation bosses are likely feeling a sense of déjà vu as the Omicron variant threatens to disrupt aerospace activity. In the commercial […]
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INS Vela induction to help India expand its submarine fleet and boost undersea warfare capabilities, says GlobalData

Following today’s news (25 November) that the Indian Navy has commissioned its fourth Scorpene-class submarine; Chandan Kumar Nayak, Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Indian Navy’s induction of INS Vela, fourth Scorpène-class submarine (locally known as Kalvari-class), is a boost to its undersea prowess against the […]
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China’s advances in hypersonic technologies put pressure on US missile defense, says GlobalData

Following the news that China’s recent hypersonic missile likely deployed countermeasures – projectiles used to help the missile defend itself; William Davies, Associate Analyst at GlobalData, a leading data and analytics company, offers his view: “China’s unexpected ability to develop a hypersonic missile with inbuilt countermeasures creates a fresh challenge to the US’ technological superiority. […]
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Driven by China threat, Philippines defense acquisitions to grow at 11.29% CAGR through 2026, says GlobalData

China’s claims over the South China Sea territory and the increasing terrorists’ aggressions over the past decade have fueled the military expenditure of the Philippines. The country’s focus on developing the military capabilities through its ambitious Horizon I, II, and III programs is most likely to influence its defense acquisition expenditure which is projected to […]
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Latvia raises defense budget to $1.2 billion by 2026 to counter perceived Russian threat, says GlobalData

Latvia is increasing its defense budget – likely reaching $1.2 billion by 2026 – with the intention of using the extra cash to make acquisitions to deter perceived threats from Russia, according to GlobalData. The leading data and analytics company notes that, while Latvia is one of the few North Atlantic Treaty Organization (NATO) countries […]
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Russia’s anti-satellite test will increase military spending in on-orbit repairs and space debris management, says GlobalData

Following the news that Russia successfully tested an anti-satellite missile test (ASAT) and launched a cloud of debris; Madeline Wild, Associate Defense Analyst at GlobalData, a leading data and analytics company, offers her view: “Russia’s successful use of an ASAT weapon to destroy a domestic satellite shows us just how important space-based technology will be, […]
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Northrop Grumman’s HBTSS prototype will help US in tracking hypersonic missiles, says GlobalData

Following the news that Northrop Grumman has completed the critical design review of its Hypersonic and Ballistic Tracking Space Sensor (HBTSS) prototype; Tushar Mangure, Defence Analyst at GlobalData, a leading data and analytics company, offers his view: “In the early stages of a conflict, hypersonic weapons can be used to take out high value targets […]
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UK electronic warfare contract demonstrates government’s commitment to invest in domestic technology, says GlobalData

Following the news that Defence Equipment and Support (DE&S) has awarded Babcock, Elbit Systems and QinetiQ a £100m contract to provide the Royal Navy with electronic warfare (EW) systems; Madeline Wild, Associate Defense Analyst at GlobalData, a leading data and analytics company, comments: “Awarding UK-based Babcock the Royal Navy EW contract is an example of […]
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Net-zero push could lead to defense forces adopting sustainable aviation fuels, says GlobalData

The world’s focus on achieving net zero, a key point reiterated at COP26, may give sustainable alternative fuels (SAFs) the financial push needed for mass uptake within civil aviation, according to GlobalData. The leading data and analytics company notes that this will then likely spill over into the defense industry. GlobalData’s latest report, ‘ESG (Environmental, […]
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