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GlobalData
GlobalData

Aerospace, Defense & Security

Bulgaria continues to support its armored vehicles industry, says GlobalData

Following the announcement that the Bulgarian Ministry of Defense (MoD) will acquire 50 to 100 armored vehicles between 2021–2023 for its special operations units, at a cost of $30.2m; Stelios Kanavakis, Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the announcement: “This is an important step for the Bulgarian Armed Forces’ modernization process and the support that the government wants to provide to the […]
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Gibbs&Cox’s latest DARPA contracts yet another leap forward in USV industry, says GlobalData

Following the recent news that Defense Advanced Research Projects Agency (DARPA) has awarded seven contracts for the first phase of the No Manning Required Ship (NOMARS) program; Captain (Rtrd) Nurettin Sevi, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “The US Department of Defense (DoD) has been making […]
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Rheinmetall’s military vehicle facility in Australia strengthens its position in APAC market, says GlobalData

Following the news that Rheinmetall has opened its Military Vehicle Centre of Excellence (MILVEHCOE) in Australia; Stelios Kanavakis, Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the inauguration: “The announcement is a major milestone for Rheinmetall as it establishes an industrial, technological, maintenance and research center in Australia, which […]
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USAF’s uptake of virtual reality technology accelerated by COVID-19 pandemic

Following the recent news that the US Air Force (USAF) has committed to $67m worth of deals to increase the scale of virtual training, giving two contracts to Mass Virtual; William Davies, Associate Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Despite some previous investment by the USAF and other federal agencies into virtual reality (VR) and augmented reality (AR), there has been limited practical uptake of these […]
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Russian Zircon hypersonic missile test demonstrates desire to markedly increase strike envelope

Following the announcement that Russia has successfully tested the Zircon hypersonic missile against sea targets; Anthony Endresen, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “The resurgence of great power competition between China, Russia and the US has resulted in increased investment and interest in missile and missile defense systems by all parties, and the global market was valued […]
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Hindustan Aeronautics reaches 300 ALH Dhruv milestone but exports yet to pick up, says GlobalData

Following the news that India’s state-owned Hindustan Aeronautics Limited (HAL) has rolled out its 300th advanced light helicopter (ALH) Dhruv; Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “The announcement from HAL comes on the heels of India’s defense minister releasing the new Defence Acquisition […]
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COVID-19 triggers reconsideration of German STH project, says GlobalData

Following the announcement that the procurement procedure in Germany’s Heavy Transport Helicopter (STH) project has been cancelled; Harry Boneham, Aerospace and Defense Associate Analyst at GlobalData, a leading data and analytics company, offers his view on the situation; “This announcement may serve as an indication that, although the defense industry has proved more stable throughout […]
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Dutch and Estonian Armies’ UGV THeMIS procurement paves way for future opportunities

Following the contract award from the Estonian Centre for Defence Investment of THeMIS unmanned ground vehicles (UGVs) for the Dutch and Estonian armies; Stelios Kanavakis, Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the contract: “This contract award reinforces the value of UGVs in today’s battlefield and the fact that they can become an integral part of ground units. As the concept of use is steadily […]
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Australian protected mobility vehicles to feature increased firepower

Following the Australian Ministry of Defence’s $66.8m contract award to EOS for 251 new remote weapon stations, for the protected mobility vehicles (PMV); Stelios Kanavakis, Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the contract: “This contract is an important step towards increasing the protection that the PMV fleet can provide during operations, while having standardized equipment, and […]
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Uncertainty over Spirit AeroSystem’s acquisition of Bombardier will have negative economic impacts for both parties

Following reports that conditions related to Spirit’s planned Bombardier acquisition may not be met by the agreement’s deadline of October 31; Harry Boneham, Aerospace and Defense Associate Analyst at GlobalData, a leading data and analytics company, offers his view on the situation; “Spirit and Bombardier are exposed to the economic effects of the COVID-19 pandemic, and this limits their capability to recover from the current crisis. If the deal […]
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Advance of all-electric aircraft technology gathers momentum as companies race to prepare for zero-emission market, says GlobalData

Following the announcement that Rolls-Royce has completed ground-testing of technology set to power the world’s fastest all-electric plane; Harry Boneham, Aerospace and Defense Associate Analyst at GlobalData, a leading data and analytics company, offers his view on the situation; “Rolly-Royce’s announcement follows the unveiling of Airbus’ three zero-emission commercial aircraft models, and is another indication […]
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A&D sector’s sentiment score finally shows signs of steadying in August 2020 after previous declines

The aerospace and defense (A&D) sector’s average earnings transcript sentiment score for August 2020 was on par with July 2020, after facing declines in past months. Sentiments were influenced by improvements in top gainers’ EBITDA margins, and robotics was one of the most popular discussion points within the industry’s earnings transcripts, says GlobalData, a leading […]
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Stryker Double-V hull IFVs’ firepower will soon increase with 30mm guns, says GlobalData

Following the US Department of Defence’s (DoD) announcement on the procurement of Northrop Grumman’s XM813 cannons for the Stryker Infantry Fighting Vehicles; Stelios Kanavakis, Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the plan: “The procurement of XM813 cannons for the Stryker Double-V Hull Infantry Fighting Vehicles’ Kongsberg MCT-30 […]
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Despite economic gloom, Pakistan set to increase defense expenditure to US$12.4bn by 2025, says GlobalData

Pakistan’s defense expenditure outlay will continue to grow and is expected to reach US$12.4bn by 2025 with the primary focus to build military capability to counter incursion of external forces despite a struggling economy, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘Pakistani Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2025’, […]
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