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GlobalData
GlobalData

Aerospace, Defense & Security

Australia readies space division to support broad domain capabilities, says GlobalData

Following separate announcements by Australia’s Department of Defence (DoD) on the creation of a Space Division and testing Augmented Reality training for the Navy and an announcement from Navantia on the second of two Auxiliary Oiler Replenishment (AOR) ship NUSHIP Stalwart departing for Australia from Navantia’s Ferrol shipyard in Spain; Mathew George, Ph.D, Analyst, Aerospace, […]
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Hostile relationship with North Korea, friction with Japan and China drive South Korea defense spending, says GlobalData

South Korea’s defense expenditure is anticipated to register 5.58% CAGR over 2022-2026 Continues to perceive Chinese military expansion with distrust and wary of Japan’s remilitarization plans Plans to eventually equip own aircraft with F-35B Lightning II aircraft and deploy them in a light carrier role With the collapse of the peace process with North Korea […]
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South Korea advances local UAV technology for autonomous intelligent future, says GlobalData

Following the announcement from South Korea’s Defense Acquisition Program Administration (DAPA) that it has developed an unmanned aerial vehicle (UAV) autonomous navigation technology; Mathew George, Ph.D, Analyst, Aerospace, Defense and Security at GlobalData, a leading data and analytics company, offers his view: “DAPA identifies the UAV autonomous navigation technology as a building block for the […]
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Airbus expands MRO footprint in Asia, says GlobalData

Following separate announcements by Asia Digital Engineering Sdn BhD (ADE) and Korea Aviation Engineering & Maintenance Service Ltd. (KAEMS) for Airbus customers in Asia; Mathew George, Ph.D, Analyst, Aerospace, Defense and Security at GlobalData, a leading data and analytics company, offers his view: “AirAsia Group’s ADE and KAI’s KAEMS made separate announcements on the expansion […]
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Spain’s defense expenditure set to reach US$18.3bn in 2026 to combat rising hybrid threats, says GlobalData

Spain’s defense expenditure has risen incrementally, growing from US$9.8bn in 2017 to US$13.3bn in 2021 at a compound annual growth rate (CAGR) of 7.95% and is set to reach US$18.3bn by 2026, according to GlobalData, a leading data and analytics company. The country is committed to service-wide platform modernization to keep pace with NATO inter-operability […]
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Greek defense expenditure to reach $8.8bn by 2026 amid rising tensions with Turkey, says GlobalData

Greece has placed defense spending at the forefront of its national agenda with the announcement of a ‘Modernization Plan’ for the Hellenic Armed Forces, under which the government will invest US$14bn into strengthening and upgrading the country’s military capabilities over the next five years. This is a significant move for the country and the prioritization […]
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UK involvement in Tejas Mk.2 would be major victory for industry, says GlobalData

Following the news that UK Prime Minister Boris Johnson and Indian Prime Minister Narendra Modi laid out a roadmap for cooperation between the two countries, including an expression of intent to cooperate in strategic partnership within defense and security. Harry Boneham, Aerospace and Defense Associate Analyst at GlobalData, a leading data and analytics company, offers […]
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Hindustan Aeronautics ALH Dhruv offers avenue for exports, says GlobalData

Following the news that Hindustan Aeronautics Limited’s (HAL) Advanced Light Helicopter (ALH) Dhruv Mk III MR successfully demonstrated its deck operations for the Indian Coast Guard; Mathew George, Ph.D, Analyst, Aerospace, Defense and Security at GlobalData, a leading data and analytics company, offers his view: “HAL’s ALH Dhruv program reached the 300th aircraft roll-out milestone […]
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Hanwha Defense to help South Korea build an efficient force with its unmanned search vehicles advancement, says GlobalData

Following the announcement from South Korea’s Defense Acquisition Program Administration (DAPA) and Hanwha Defense; Mathew George, Ph.D, Analyst, Aerospace, Defense and Security at GlobalData, a leading data and analytics company, offers his view: “DAPA and Hanwha made separate announcements of the completion of the exploratory development phase for South Korea’s unmanned search vehicles that began […]
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ST Engineering optimistic about future aerospace market, not bothered by temporary setbacks, says GlobalData

Following the release of answers to substantial questions by Singapore Technologies Engineering Ltd (ST Engineering) before its Annual General Meeting to be held on 22nd April; Mathew George, Ph.D, Analyst, Aerospace, Defense and Security at GlobalData, a leading data and analytics company, offers his view: “ST Engineering assured its investors of resilience and competitiveness with […]
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BAE Systems Australia’s hypersonic investment part of larger regional focus, says GlobalData

Following the news that BAE Systems will increase investment in Australia to support the rapid development of a sovereign high-speed weapons capability under ‘Project Javelin’ in 2021:   Mathew George, Ph.D, Analyst, Aerospace, Defense and Security at GlobalData, a leading data and analytics company, offers his view: “The move to fast-track indigenous development of hypersonic […]
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Mitsubishi Heavy Industries consolidates position in Japanese military ship building, says GlobalData

Following the news that Mitsubishi Heavy Industries (MHI) has agreed to acquire Mitsui E&S Shipbuilding Co’s naval and governmental ships business; Mathew George, Ph.D, Analyst, Aerospace, Defense and Security at GlobalData, a leading data and analytics company, offers his view: “According to GlobalData’s latest Global Naval Vessels and Surface Combatants Market report, MHI is the […]
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Airbus H225M deliveries for Republic Singapore Air Force highlights focus to deliver despite COVID-19, says GlobalData

Following the news that Airbus has begun its deliveries of H225M for Republic Singapore Air Force (RSAF); Mathew George, Ph.D. Analyst, Aerospace, Defense and Security at GlobalData, a leading data and analytics company, offers his view: “Airbus has handed over the first H225M helicopter to the RSAF, which is evident that the program has not […]
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French defense spending to reach US$56.1bn in 2021 as it bolsters its domestic defense industry, says GlobalData

France’s defense expenditure has generally maintained an upward trend, barring a decrease in spending in 2019, increasing from US$46bn in 2017 to US$56.1bn for 2021, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘French Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2026’, states that despite the global economic slowdown […]
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Next-generation Russian platforms are key drivers of Western defense expenditure, finds GlobalData

A survey by GlobalData, a leading data and analytics company, found that an overwhelming majority of respondents agreed that Russia’s investment in, or deployment of, next-generation military platforms has led to greater levels of defense expenditure in the West, with 41% of the 249 respondents agreeing outright that it was quite clearly the main driver. […]
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