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GlobalData
GlobalData

Aerospace, Defense & Security

Lighter platforms and missile systems gain prominence amid Russia’s contracting defense budget

Russia is investing billions of dollars in new naval hardware to secure its lengthy coastline and strengthen power projection capabilities. However, Russia’s defense expenditures have declined in real terms from US$52.6bn in 2015 to US$46.4bn in 2019 and will only recover its historic highs in 2024 with US$59.3bn, according to GlobalData, a leading data and […]
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Proliferation of UAS technology coupled with terrorism will sustain Counter-UAS investment, says GlobalData

Unmanned Aerial Systems (UAS) were once limited to a few technologically advanced nations, but the growing consumerization and proliferation of such technologies means advanced capability is now in the hands of non-state actors, as seen by recent drone incursions at Gatwick, Heathrow and Newark airports. As key enabling technologies such as Artificial Intelligence progress, the […]
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