GlobalData

Defence 23 May 2025

Taiwan commits to defense modernization

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…

Defence 21 May 2025

South Korea spent $222 billion

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…

Defence 10 April 2025

Rafale-M procurement a strategic necessity

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…

SAUDI ARABIA OFFICIALLY OPENS DOMESTIC AVIATION MARKET TO INTERNATIONAL CHARTER FLIGHT OPERATORS AS AGLOBAL AVIATION HUB

Defence 18 November 2024

India to spend $415.9 billion on defense between 2025 and 2029, forecasts GlobalData

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…

Defence 9 September 2024

Su-30 MKI aircraft engines procurement to enhance India’s combat readiness, says GlobalData

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…

Defence 6 September 2024

Persistent China threat to spur Taiwan defense spending to $23.4 billion in 2029, says GlobalData

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…

Defence 29 May 2024

Romania’s military modernization efforts to offer market entry routes for defense firms, says GlobalData

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…

News, Satellites 23 May 2024

LEO satellites drive industry innovation

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…

Industry 24 April 2024

Airbus outperforms Boeing in APAC commercial aircraft market, finds GlobalData

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…

Defence 22 April 2024

Japan Ground Self-Defense Force expected to continue procuring UGVs over next decade, says GlobalData

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…

Industry 17 April 2024

Boeing P-8A aircraft contract bolsters Australia maritime defense amid rising regional tensions, says GlobalData

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…

Industry 3 April 2024

Boeing MQ-28 Ghost Bat production facility major milestone for Australia defense manufacturing, says GlobalData

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…

Industry 6 December 2023

China’s COMAC C919 likely to challenge established players in passenger aircraft market, says GlobalData

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…

Industry, News 20 November 2023

Meta and MediaTek chipset collaboration will move augmented reality industry forward, says GlobalData

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,…

Defence, News 8 August 2023

Militaries in Asia-Pacific building metaverses to prepare for future conflicts, says GlobalData

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…