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GlobalData
GlobalData

Aerospace, Defense & Security

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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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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Mk-54 torpedoes procurement to bolster Indian Navy anti-submarine warfare capabilities, says GlobalData

The Ministry of Defense (MoD) of India has signed an agreement with the US to acquire Mk-54 lightweight torpedoes to be fitted on P-8I MPA aircraft. To increase its anti-submarine and anti-surface warfare capabilities, India is investing heavily in the procurement of advanced airborne platforms such as Boeing P-8I Multi-mission Maritime Patrol Aircraft (MPA) and […]
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Amazon’s deal with UK spy agencies likely to push revenue from UK Government above record yearly high of £88m, says GlobalData

Following today’s news (26 October) that Amazon Web Services (AWS) has struck a new deal with GCHQ, MI5 and MI6 to host classified data; Amir Boubaker, Defence Analyst at GlobalData, a leading data and analytics company, offers his view: “This deal with Amazon is another reminder that the UK Government is willing to partner with […]
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GM Defense’s new ISV variant has the potential to expand US Army’s electric fleet, says GlobalData

GM Defense’s new heavy gun carrier variant of its Infantry Squad Vehicle (ISV), while not yet electric, has the potential to expand the US Army’s electric vehicle fleet, says GlobalData. The leading data and analytics company notes that GM Defense continues to show a commitment to innovation and electrification with the original ISV model swiftly […]
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Naval fleet modernization initiatives to drive global naval engines market through 2031, says GlobalData

As part of the naval modernization initiatives, the procurement of next generation nuclear-powered ballistic missile submarines (SSBN) and nuclear-powered attack submarines (SSN) by major military powers like the US, Russia, China, France, India and UK are anticipated to be the key factors driving the global naval engines market during 2021-2031. These initiatives will enhance their […]
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North Korea’s aggressive missile tests to bolster Japanese drive towards advanced military technologies, says GlobalData

Following the news that North Korea successfully tested submarine-launched ballistic missile (SLBM) off its eastern coast; Venkatesh Kandlikar, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “The growing frequency of North Korean missile test-firings will be a cause of concern for Japan, pushing it to speed up its procurement programs. […]
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North Korean missile launch will likely heighten regional tensions, says GlobalData

Following the news of a North Korean test missile launch; William Davies, Associate Analyst at GlobalData, a leading data and analytics company, offers his view: “North Korea’s missile tests are no doubt violating international treaties and will alarm regional adversaries, including Japan and South Korea. While the degree of sophistication is unknown, the fact that the […]
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Meggitt expectation of takeover completion in 2022 shadowed by UK government intervention, says GlobalData

Following the statement by Meggitt stating its confidence that its acquisition by US owned Parker-Hannifin will be completed as planned in 2022; Madeline Wild, Associate Defense Analyst at GlobalData, a leading data and analytics company, comments: “Referral of the acquisition to the competitions and market authority is made possible by the National Security and Investment (NSI) […]
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Defense acquisition expenditure of Singapore to grow at 10.77% CAGR through 2026, says GlobalData

To overcome the challenges posed by its small military size, Singapore is looking to adopt modern technology through acquisition of advanced defense platforms. As a result, the country’s defense acquisition expenditure is expected to grow at a compound annual growth rate (CAGR) of 10.77% between 2022 and 2026, forecasts GlobalData, a leading data and analytics […]
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India looks to enhance naval warfare synergies with Quad during Malabar-21 to counter China threat, says GlobalData

Following the commencement of the phase II of maritime exercise Malabar-21; Sourabh Banik, Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the countries that are participating: “As the Quad countries consisting of India, US, Australia and Japan assemble again to participate in the second phase of Malabar-21, […]
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Chinese incursions will continue to drive Taiwanese defense spending towards US$18bn by 2026, says GlobalData

Following the news that a record number of Chinese military aircraft have entered Taiwan’s air defense zone; William Davies, Associate Aerospace, Defence and Security Analyst at GlobalData, a leading data and analytics company, offers his view: “The increasing number of military incursions by China underscores what Taiwan will see as its justification in maintaining record levels […]
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Bulgaria’s defense spending increases will continue to be driven by Russia’s military assertiveness

Persistent security concerns over Russia’s military assertiveness, which has historically fueled Bulgaria’s defense expenditure, is likely to continue to drive future increases. GlobalData, a leading data and analytics company, forecasts that defense spending in Bulgaria will reach US$2.1bn in 2026, growing at a compound annual growth rate (CAGR) of 10.58%. GlobalData’s latest report, ‘Bulgaria Defense […]
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Australia to join elite list of nuclear-powered submarine operating countries with AUKUS pact launch, says GlobalData

Following news that the US, the UK and Australia launched a trilateral defense partnership; Venkatesh Kandlikar, Analyst at GlobalData, a leading data and analytics company, offers his view: “The formation of a new trilateral defense technology collaboration with the UK and the US will aid Australia to acquire nuclear submarines. From this trilateral partnership, Australia […]
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Integration of advanced technologies to push EO/IR market to US$12.9bn by 2031, says GlobalData

The need for advanced situational awareness and information dissemination abilities is driving the development and procurement of several Electro-Optic Infrared (EO/IR) systems. The global military EO/IR systems market is valued at US$9.2bn in 2021 and will grow at a compound annual growth rate (CAGR) of 3.43% to reach a value of US$12.9bn by 2031, according […]
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