Aerospace, Defense & Security

Amazon Web Services’ contract win solidifies market position, says GlobalData

While Amazon Web Services’ (AWS) contract with the UK’s three civilian intelligence agencies is already coming under significant domestic scrutiny, the contract – estimated to be valued at between £500m and £1bn over the next decade – is a significant win for AWS because of the nature of the data, according to GlobalData, a leading […]

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 […]

Aerospace, Defense & Security

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 […]

Aerospace, Defense & Security

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 […]

Aerospace, Defense & Security

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 […]

Aerospace, Defense & Security

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. […]

Aerospace, Defense & Security

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 […]

Aerospace, Defense & Security

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) […]

Aerospace, Defense & Security

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 […]

Aerospace, Defense & Security

EU claim to Arctic adds to already contested environment, says GlobalData

Following recent news that the EU has taken a stronger stance on the Arctic and is demanding recognition as a player in the region; William Davies, Associate Analyst at GlobalData, a leading data and analytics company, offers his view: “In recent years there has been increasing attention paid to the Arctic, with melting sea ice […]

Aerospace, Defense & Security

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, […]

Aerospace, Defense & Security

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 […]

Aerospace, Defense & Security

Defense Solar Farm demonstrates no area of government is immune to the Greening Agenda, says GlobalData

Following today’s news (29 September) that the British Army has opened its first solar farm at the Defence Training School of Transport in Leconfield; Daniel Morris, Lead Analyst at GlobalData Aerospace, Defence and Security, a leading data and analytics company, offers his view: “The MoD has been pushing ahead with a number of programs since […]

Aerospace, Defense & Security

India continues modernization with a strong focus on indigenization, says GlobalData

Following the news that the Indian Government finalized a deal with Airbus for 56 Airbus C295 aircraft and an order for 118 Arjun Mk-1A main battle tanks (MBTs); Mathew George, Ph.D., Practice Head at GlobalData, a leading data and analytics company, offers his view: “India has continued its quest to modernize its fleet with the […]

Aerospace, Defense & Security

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 […]

Aerospace, Defense & Security

Saab’s CB90 HSM configuration makes waves at DSEI, says GlobalData

Saab’s CB90 HSM (the Swedish Navy designation of the new generation) was on show at DSEI this week. Following a change in use since the initial configuration of the CB90, the latest model has been equipped with state-of-the-art features. Madeline Wild, Associate Defense Analyst at GlobalData, comments: “The original model of the CB90 was designed […]

Aerospace, Defense & Security

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 […]

Aerospace, Defense & Security

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 […]

Aerospace, Defense & Security

Improbable capitalizes on transition to virtual training during pandemic as military simulator systems market set to reach $3.4bn by 2030, says GlobalData

Improbable is a growing player in the simulation and training market and has capitalized on changes the military have made to their training methods brought about by the pandemic. Militaries have likely realized in the past year that the potential to transition, at least in part to a virtual training environment, is invaluable for providing […]

Aerospace, Defense & Security

DefendTex joins the race for autonomous solutions with its portable drones at DSEI, says GlobalData

Among the 25 exhibitors at the Australia pavilion at DSEI, DefendTex Military Products showcased its Drone40, a swarm capable nano UAS that can operate as a grenade. Due to its portability, the platform was accelerated into service from the testing and evaluation phase. The drone is controlled by an end-user smart device and can function […]

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