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It was recently reported that the People’s Liberation Army Navy (PLAN) had commissioned its last batch of Type 056A corvettes specialized in coastal defense, with the total number of the Type 056 series reaching 72. Having built a substantial green water fleet capable of securing its coastal areas, China will shift its focus to the […]
Demand for fourth-generation aircraft still strong in fifth-generation era
Following the news that the United States Air Force (USAF) is looking to acquire a new fourth-generation aircraft, even as the fifth-generation F-35 fleet expands, Abhijit Apsingikar, Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “The USAF’s studies into the future composition of its tactical aircraft fleet suggests […]
Denel may struggle to recover its position financially
South Africa’s premier defense company, Denel, has been pushed deeper into a liquidity crisis as the firm could reportedly run out of cash by the end of March 2021. Despite the fact that Denel has received numerous bailouts from the South African Government in the past, it has been unable to turn the substantial capital […]
Indigenous Chinese engine equipped J-20 could feature at Zhuhai Airshow in 2021, says GlobalData
The Zhuhai 13th Airshow, originally scheduled to take place between 5-10th November 2020, will go ahead in 2021 in China, most likely before November. The biennial event was postponed in October 2020 due to the COVID-19 pandemic. With this delay, more advanced indigenously developed Chinese technologies will be on display in 2021. Notable amongst them, […]
UK resists international restrictions on arms sales to Saudi Arabia for now, says GlobalData
The UK’s Foreign Minister declining to restrict export licenses of arms to Saudi Arabia last week follows growing pressure as other Western states act in line with rising condemnation of Saudi Arabia and its conduct in the civil war in Yemen. Both Italy and the US have paused the export of arms, particularly missiles and […]
HAL’s HTT-40 trainer aircraft acquisition promises bright future for India’s aerospace and defense manufacturers, says GlobalData
Following the news that Hindustan Aeronautics Limited (HAL) received a request for proposal (RFP) for its HTT- 40 trainer aircraft from the India’s Ministry of Defence (MoD); Venkatesh Kandlikar, Analyst at GlobalData, a leading data and analytics company, offers his view: “The procurement of the HTT-40 trainer aircraft will help establish India’s indigenous manufacturing capability […]
US hypersonics set to move closer to production phase in 2021, says GlobalData
Existing hypersonics programs in the US are increasing in maturity and likely to make significant steps towards production in 2021, says GlobalData, a leading data and analytics company. China and Russia have advanced significantly in hypersonic development in recent years, with Russia deploying hypersonic weapons from 2019 onwards – the US is increasing spending to […]
Directed energy weapons demand set to surge among military forces
Directed energy weapons (DEWs) have finally reached top power levels and the effectiveness to allow them to be used on the battlefield. Combat platforms are expected to be equipped with DEWs by 2025, working alongside conventional weapons such as guns and missiles, according to GlobalData, a leading data and analytics company. Military forces are seeking to launch and deploy effective DEWs at the earliest opportunity and demand is surging as the global value for DEWs […]
India finalizes LCA Tejas MK-1A contract, onus now on HAL to meet delivery timelines, says GlobalData
Following the news that India has sealed a 83 LCA Tejas MK-1A fighters procurement deal with Hindustan Aeronautics Ltd (HAL); Abhijit Apsingikar, Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “While maintaining the delivery timelines, the key focus of the deal with HAL is to design and induct […]
Myanmar’s major defense procurement programs to remain unaffected despite possible sanctions, says GlobalData
Following the recent news of the military coup in Myanmar; Hemant Bhandari, Aerospace, Defense and Security Analyst at GlobalData, a leading data and analytics company, offers his view: “The US has threatened to re-impose sanctions on Myanmar following a military staged a coup d’état (coup) on the ruling government. Myanmar’s military also declared control of the country and […]
India’s new Warrior combat drone to redefine and elevate aerial warfare skills, says GlobalData
Following the news that India’s state-owned Hindustan Aeronautics Limited (HAL) has showcased a scale model of Warrior combat drone during Aero India 2021; Tushar M, Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “The unveiling of Combat Air Teaming System (CATS) Warrior is anticipated to significantly enhance the […]
General Atomics continues to push its space business offerings with acquisition of Tiger Innovations
Following the news that General Atomics has completed its acquisition of Tiger Innovations, Sai Kiran, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “General Atomics’ recent developments have been focused on diversifying its space explorations and small satellites business. The acquisition of Tiger Innovations will further help General Atomics to […]
India’s FY22 defense budget earmarks considerable increase, still falls short of expectations, says GlobalData
Following India’s announcement of defense budget for FY22; Abhijit Apsingikar, Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “India has just announced its post-COVID-19 budget for FY22, which prioritizes healthcare, infrastructure and agricultural credit over defense. The key emphasis of the budget seems to be on driving the […]
Tata military aircraft to stimulate nascent aerospace and defense ecosystem in India, says GlobalData
Following the recent news that India’s industrial conglomerate Tata has acquired the IP rights for a German aircraft; Abhijit Apsingikar, Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “The acquisition of IP rights for a German aircraft (likely to be the Grob G180 SPn) by Tata will pave […]
Boeing’s KC-46 will continue at same pace as company focus on commercial space
Following the release of Boeing’s Q4 results; Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Boeing’s results show how much the company has had to go through due to disruptions in production as a result of the COVID-19 pandemic. However, Boeing’s financial struggles will be […]
A&D and automotive sectors saw double-digit sentiment growth in Q4 2020, says GlobalData
The aerospace & defense (A&D) and automotive sectors had the highest earnings transcript sentiment growth in Q4 2020 verses Q3, according to the filing analytics database by GlobalData, which identified a respective 13% and 12% growth. Rinaldo Pereira, Senior Business Fundamentals Analyst at GlobalData, says: “Stoppage of travel and stay-at-home orders had lasting effects on […]
Lockheed’s F-35s to keep US exports to UAE strong
Following the news that the United Arab Emirates (UAE) has signed a deal to procure defense equipment including 50 F-35s, 18 MQ-9s, and missiles from the US worth up to $23bn; Sai Kiran, Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “If this deal goes ahead, it could signal a […]
Acceleration of China-Myanmar Economic Corridor to boost bilateral arms relationship, says GlobalData
The move to accelerate the construction of the China-Myanmar Economic Corridor (CMEC) can help ramp up the existing arms-trade relationship between the two countries in the near future, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Myanmar Defense Market – Attractiveness, Competitive Landscape and Forecast to 2025’, reveals that China was the largest […]
Boeing KC-46 program given boost by USAF order, says GlobalData
Following the news that Boeing has been awarded a second contract this year for KC-46 tankers; Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “This scheduled order of a further 15 KC-46 tankers aligns with earlier plans by the United States Air Force (USAF) for […]
Upgrade of T-72s to T-72B3M variant provides cost-effective means of enhancing Russian land capabilities in 2021
Russia has kicked off its 2021 calendar with the Central Military District tank division performing armoured warfare drills in Chelyabinsk. Among the equipment deployed is the T-72B3M, an upgraded variant of the T-72. While the new generation T-14/T-15 Armata family is Russia’s flagship development within the land domain, upgrading the country’s sizeable fleet of T-72s […]