GlobalData
GlobalData

Aerospace, Defense & Security

Airlines more likely to extend life of existing models rather than invest in new designs, says GlobalData

The COVID-19 pandemic has had a profound impact upon the commercial aviation industry, with lockdowns and border closures evaporating passenger demand. Stricken by lost passenger revenue, airlines have cancelled outstanding orders and reduced the size of their fleets. Given the depressed state of the commercial aviation industry, both aircraft manufacturers and airlines are more likely […]
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COVID-19 crisis has not slowed Russia’s ambition of being dominant power in Arctic Region

Following recent news that Russia has begun construction of a new leader class nuclear-powered icebreaker; William Davies, Associate Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Russia’s announcement shows that the COVID-19 crisis has not slowed its procurement of new icebreakers and the new leader class, when finished, will join […]
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Support for local defense industry continues with combat engineering vehicle orders for South Korea, says GlobalData

Hyundai Rotem was awarded a follow on order for Combat Engineering Vehicles (CEVs) and a maintenance and repair contract for K1 Armored Vehicle Launched Bridge (AVLB), K1 Armored Recovery Vehicle (ARV) as well as the K1A1 Main Battle Tanks (MBT), says GlobalData, a leading data and analytics company. Mathew George, Ph.D., Aerospace & Defense Analyst […]
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Japan will reorient missile defense posture as Aegis Ashore is suspended, says GlobalData

Japan’s announcement on the suspension of the deployment of Aegis Ashore missile defense systems marks a potential shift in the country’s security strategy. The turning point depends on the substitute for Aegis Ashore. The country is now considering pre-emptive strike capabilities as a possibility, targeting missile launchers in North Korea first instead of intercepting incoming […]
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China’s military exercise around Paracel Islands will reinforce Vietnam’s naval focus, says GlobalData

Following the announcement that China will conduct military exercises in the Paracel Islands (Xisha Islands) from 1 July to 5 July; Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “China’s claims and military exercises in the South China sea have been a point of contention […]
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South Korea DAPA and Hanwha Defense’s anti-aircraft gun wheeled vehicle system contract will boost local supply chain, says GlobalData

Following the news that South Korean Defense Acquisition Program Administration (DAPA) and Hanwha Defense have signed a US$208m contract for the mass production of 30-mm anti-aircraft gun wheeled vehicle system (AAGW); Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “This project has been in the […]
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Naval forces are set to invest in littoral warfare capabilities

The growing importance of littoral water environments in modern warfare has resulted in countries incrementally investing in ships/crafts meeting these operational requirements. According to GlobalData, a leading data and analytics company, this will increase the demand for light frigates and corvettes, which have multi-mission capabilities and modular structures, and light combat ships such as Fast […]
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South Korea approves foreign purchases but pushes local defense industry with US$21.27bn programs, says GlobalData

Following the news that South Korea has approved three defense projects on 26 June 2020; Mathew George, Ph.D., Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “South Korea’s approval for the purchase of these systems shows not only the increased dependence on surveillance in modern warfare, but also […]
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Airbus to minimise exposure to COVID-19 disruptions by outsourcing production of A320neo components, says GlobalData

Following the news that Airbus is scrapping plans to produce A320neo nacelles and engines in house; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on Airbus’ situation: “The news that Airbus was giving up on its plans to take over the production of A320neo nacelles and […]
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The Pentagon wants its share of federal aids to face COVID-19 disruptions

Following the press conference of Undersecretary of Defense for Acquisition and Sustainment Ellen Lord updating on COVID-19 measures; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the situation: “Recent communications from Undersecretary Ellen Lord suggest that the Department of Defense (DoD) will push for more federal aids as some lawmakers, chiefly […]
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More furloughs will reduce Airbus’ commercial output to face the collapse of air travel, says GlobalData

Following the news that Airbus will furlough 5,300 staff in Spain and the UK; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on Airbus’ situation: “The list of Airbus’ furlough schemes is growing. The company already reduced production rates of its main commercial platforms by 40%, […]
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More flexible federal aids could help Boeing stay relevant in post-COVID-19 single-aisle market, says GlobalData

The expected change of tone from the Treasury Department regarding the allocation of relief funding to companies deemed critical to national security could potentially be very beneficial for Boeing. Within the US$2.2 trillion CARES Act, US$17bn worth of loans were specifically devoted to defense companies. Boeing was rightly considered as one of the most vulnerable […]
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Boeing and Spirit refuse to take supersonic gamble for post-COVID-19 recovery, says GlobalData

Following the news that Boeing and Spirit Aerosystem were dismantling engineering teams working on the Aerion AS2 supersonic business jet; Nicolas Jouan, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view on the decision; “Boeing and Spirit Aerosystem’s decision to seemingly abandon their Aerion AS2 supersonic business jet program […]
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Taiwan accelerates military modernization amid rising tension with China, says GlobalData

In response to the increasing military tensions from mainland China, Taiwan plans to raise its defense spending to US$12.4bn to modernize the capabilities of its armed forces by 2025, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘The Taiwanese Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2025’, reveals that […]
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