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GlobalData
GlobalData

Aerospace, Defense & Security

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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Airbus zero-emission commercial aircraft models achieve key capabilities

Following the announcement that Airbus plans to introduce zero-emission commercial aircraft models by 2035; Harry Boneham, Aerospace and Defense Associate Analyst at GlobalData, a leading data and analytics company, offers his view: “This announcement signals that Airbus recognizes the environmental impact of commercial aviation and is realigning to conform to a market in which consumers […]
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The Arctic is becoming a new front of great power competition, says GlobalData

The Arctic and High North region are becoming increasingly important as climate change reveals both resources and sea routes. Technological advances such as new icebreakers and unmanned systems facilitate the expansion of both military power projection and commercial opportunity in the region, says GlobalData, a leading data and analytics company. GlobalData’s latest release, ‘Arctic and […]
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Squadron 2020 and HX Fighter programs to drive Finland’s defense expenditure, says GlobalData

In response to increased military tensions in the Baltic Sea with Russia, Finland plans to raise its defense spending to EUR3.16bn (US$3.74bn) to modernize the capabilities of its naval and air forces through the Squadron 2020 and HX Fighter programs, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘The Finnish Defense […]
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Lithium-ion batteries are potential game-changer in underwater applications

Lithium-ion batteries (LIBs) have the potential to be one of the best sources of power for Unmanned Underwater Vehicles (UUVs), torpedoes, and submarines, because their compact designs bring higher efficiency and strengthen reliability for underwater applications, says GlobalData, a leading data and analytics company. According to GlobalData’s report, ‘Lithium-ion Batteries for Underwater Applications-Thematic Research’, defense applications […]
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South Korea supports defense import substitution to tackle financial ramifications of COVID-19, says GlobalData

Following the news that South Korea has signed a memorandum of understanding (MoU) to boost defense import substitution; Madeline Wild, Defense and Security Analyst at GlobalData, a leading data and analytics company, offers her view on the situation: “Throughout the COVID-19 pandemic South Korea has remained committed to using the defense industry to stimulate the […]
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Boeing’s 737 MAX remains primary concern despite Dreamliner issues

Following the news that the Federal Aviation Administration is reportedly investigating potential defects in Boeing’s 787 Dreamliner production; Harry Boneham, Associate Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “Despite this new reported investigation, the global recertification of the 737 MAX must remain Boeing’s priority. […]
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With indigenous hypersonic vehicle, India inches closer to become aerospace hub, says GlobalData

Following the announcement by India’s Defence Research and Development Organisation (DRDO) on the successful flight test of its Hypersonic Technology Demonstrator Vehicle (HSTDV); Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “India’s leap into advanced missile technologies has been a long road, with many varied […]
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South Korean KF-X takes one step closer to reality, says GlobalData

Following the announcement by South Korea’s Defense Acquisition Program Administration (DAPA) that Korean Aerospace Industries Co Ltd. (KAI) would start the final assembly of the Korean Fighter (KF-X) prototype; Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “KAI’s development of the first prototype will take […]
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Hanwha Defense strengthens foothold in Australia with preferred bidder status for SPH program, says GlobalData

Following the announcement that Hanwha Defense has been selected as the preferred bidder for Australia’s Self-Propelled Howitzer (SPH) project; Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Hanwha Defense’s announcement confirms a steady progress the company is making in growing its foothold in Australia. At […]
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AR uptake will increase in aerospace and defense as vendors realize benefits of utilizing the technology

Augmented reality (AR) is expected to see significantly more uptake in the aerospace and defense sectors in the coming decade as vendors realize the benefits of utilizing this technology in manufacturing processes. Militaries are currently investing in AR, in a limited sense, but are refraining from deploying it in the field until the technology is […]
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No slowdown in South Korea’s defense budget, seeks KRW52.9 trillion for 2021, says GlobalData

Following the news that the Republic of Korea plans to expand its defense budget to KRW52.9 trillion at a rate of 5.5%; Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “GlobalData’s report, ‘South Korean Defense Market – Attractiveness, Competitive Landscape and Forecast to 2025’, forecasts […]
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Digital soldier kits cost too high for 100% modernization, but even incremental upgrades to benefit combat capabilities

The acquisition of integrated digital soldier kits will be revolutionary in driving modernization efforts around the world and be the main driving force behind the market in the future, says GlobalData, a leading data and analytics company. However, for the moment, the cost is expected to be too high for 100% implementation and incremental uptake […]
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Lockheed Martin could incur costs due to F-35 delays

Following the release of a Department of Defense (DoD) memo reporting major delays on Lockheed Martin’s F-35 program are likely; Harry Boneham, Aerospace and Defense Associate Analyst at GlobalData, a leading data and analytics company, offers his view: “Lockheed Martin appears to be having difficulties with its F-35 program due to the COVID-19 pandemic and financial releases from the company corroborate reports of slowed delivery rates. Supply chain bottlenecks due in part to the COVID-19 […]
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