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Aerospace, Defence & Security DECODED

Latest edition: 24 May 2024
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Spotlight

US Navy exercises $1bn option for next two Constellation-class frigates

The US Navy has committed $1bn in FY24 funding to the detail design and construction of vessel five and six in the Constellation-class frigate programme.

Latest news

France makes first firing of ASMPA-R nuclear air-launched cruise missile

France completed the first force assessment firing of its new nuclear air launched cruise missile, the upgraded medium-range air-to-ground strategic missile (ASMPA-R), on 22 May 2024.

Romanian H215M fleet to integrate Marte ER anti-ship missile

MBDA has signed a contract with IAR Brasov to support the integration of the Marte ER missile onto a maritime helicopter platform for the Romanian Naval Forces, based on the Airbus H215M rotary-wing platform, the company has stated.

QinetiQ reports revenue rise in FY24 despite “difficult” US market conditions

UK-based defence technology company QinetiQ reported a 21% and 20% increase in revenue and operating profit respectively in its preliminary results for the full year to end-Q1 2024, despite what it termed “difficult market conditions” in the United States.

UAE Defense Market

Solidify your strategy by knowing the market size forecast and projected growth rate for the next five years. Understand key market drivers, emerging technology trends, key sectors, and major challenges.