Taiwan commits to multi-layered defense modernization amid heightened regional tensions, observes GlobalData Taiwan is undertaking a comprehensive, multi-layered defense modernization effort, driven by rising security threats and the imperative to…
South Korea spent $222 billion on defense from 2021 to 2025, reveals GlobalData The rising tensions with North Korea, coupled with China’s increasing assertiveness, have necessitated South Korea to bolster…
Rafale-M procurement a strategic necessity for Indian Navy, says GlobalData Following the news that India has approved the procurement of 26 Rafale-M (Marine) fighter aircraft for the Indian Navy: Udayini…
India is poised to further expand its defense budget over the next decade to sustain readiness for a potential two-front conflict with regional adversaries China and Pakistan, while enhancing its…
India is strengthening its combat readiness with the procurement of 240 AL-31FP engines for its Su-30 MKI fighter jets in a INR2,600 billion (~$3.1 billion) deal. Locally manufactured by Hindustan…
China’s decades-old claim to own Taiwan as its territory is persistently posing a threat to the latter. As China continues to intimidate Taiwan by firing missiles and deploying military aircraft…
As a former member of the Warsaw Pact, Romania still possesses large volumes of aging Cold War equipment. In order to meet North Atlantic Treaty Organization (NATO) standards, Romania can…
LEO satellites drive industry innovation through strategic collaborations, notes GlobalData Elon Musk’s SpaceX has just rolled out Starlink Internet services in Indonesia, marking a significant milestone for global connectivity and…
With a strong order book from airline operators and leasing companies based in India, China, and Singapore during 2020–2024, Airbus has fortified its position in the Asia-Pacific (APAC) commercial aircraft…
The Japan Ground Self-Defense Force (JGSDF) has awarded a contract to Milrem Robotics to supply three THeMIS unmanned ground vehicles (UGVs). This follows another contract awarded last week by the…
Following the news that Boeing has been awarded a contract to deliver software, systems and sensor upgrades to enhance the anti-submarine warfare, maritime strike and intelligence collection capabilities of the…
Boeing Australia is constructing a new production facility to manufacture the MQ-28 Ghost Bat unmanned combat aerial vehicle (UCAV), marking a major milestone in Australian aerospace manufacturing. The country’s defence…
Following the news that China’s domestically manufactured COMAC C919 will make its first flight outside mainland China in the next few days; Kandlikar Venkatesh, Defense Analyst at GlobalData, a leading…
Following the news that MediaTek and Meta Reality Labs have announced an exclusive partnership to develop custom chips for augmented reality (AR) glasses; Anisha Bhatia, Senior Analyst at GlobalData, a leading data and analytics company,…
The metaverse is a virtual world where users share experiences and interact in real-time within simulated scenarios. It is forecast to generate $627 billion in revenue by 2030, expanding at…