GlobalData
GlobalData

Aerospace, Defense & Security

India’s MRTT acquisition to significantly strengthen IAF’s long-range airpower projection, says GlobalData

With a focus on enhancing the country’s aerial combat radius, India has approved the $1.1 billion acquisition of six multirole aerial refueling aircraft (MRTT) for the Indian Air Force (IAF). The program, to be executed by Israel Aerospace Industries (IAI) in partnership with Hindustan Aeronautics Limited (HAL), is expected to significantly enhance India’s air-to-air refueling […]
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K239 Chunmoo export to Estonia highlights South Korea’s growing defense manufacturing prowess, says GlobalData  

The Korea Trade-Investment Promotion Agency (KOTRA) recently announced a contract for the export of Hanwha’s K239 Chunmoo multiple rocket launcher to Estonia, marking a significant upgrade to Tallinn’s firepower inventory. This deal also highlights the strong momentum of South Korean defense exports to Europe, says GlobalData, a leading intelligence and productivity platform. According to GlobalData’s […]
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MQ-28A Ghost Bat UAV acquisition to augment Australia’s aerial fighting capabilities, says GlobalData

The rapid military modernization undertaken by competing regional powers, alongwith rising tensions with China, has compelled Australia to pursue multi-domain military modernization to strengthen its defense posture. The $930 million MQ-28A Ghost Bat UAV procurement contract awarded to Boeing Defence Australia in December 2025 aims to responds to these challenges by enabling the Royal Australian […]
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South Korea to strengthen presence in Poland’s defense market with proposed submarine transfer, says GlobalData

Following the news that South Korea has reportedly proposed transferring one of its decommissioned submarines to Poland; Abhijit Apsingikar, Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “Despite the selection of the Swedish A26 submarine for the Orka contract by Poland, South Korea’s proposal to transfer the decommissioned […]
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Indonesia to significantly enhance airlift and joint-operations capabilities with A400M Atlas induction, says GlobalData

Indonesia’s Air Force has recently received its first A400M Atlas tactical airlifter from Airbus, marking a major milestone in the country’s air mobility modernization program. The A400M significantly enhances Indonesia’s ability to transport personnel, heavy equipment, and humanitarian supplies across its vast archipelago, while also improving the nation’s capacity to engage in bilateral and multilateral […]
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Australia defense budget poised to grow at 5.9% CAGR between 2026 and 2030, forecasts GlobalData

Amidst escalating tensions in the Indo-Pacific, shifting geopolitical fault lines and growing strategic competition, Australia is accelerating efforts to modernize its military. Against this backdrop, Australia’s defense budget is set to increase at a compound annual growth rate (CAGR) of 5.9% from $44.6 billion in 2026 to $56.2 billion in 2030, driven in large part […]
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Global 6500 aircraft with advanced radars to equip South Korea to close critical intelligence gaps, says GlobalData

South Korea recently selected L3Harris Technologies to supply four Bombardier Global 6500 aircraft in a strategic move to enhance its aerial surveillance and intelligence-gathering capabilities. The aircraft will be equipped with ELTA Systems’ advanced dual-band EL/W-2085 conformal radar. The acquisition is expected to enable South Korea to strengthen its air defence network, maintain operational readiness […]
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KHAN ballistic missile system to position Indonesia ahead of ASEAN neighbors in precision-strike capability, says GlobalData

Indonesia’s recent induction of the Turkish-origin KHAN tactical ballistic missile system marks a pivotal milestone in its ongoing defense modernization efforts. This development not only enhances the Indonesian Army’s strike capability but also signals an accelerating arms race among Southeast Asian countries. The KHAN system’s capability positions Indonesia ahead of many of its ASEAN neighbors […]
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Australia to significantly strengthen navy with Mogami-class frigate deal, says GlobalData

Australia has recently entered into an agreement with Japan for the supply of 11 Mogami-class frigates. The selection of the Mogami-class frigate design, which is already in active service with the Japan Maritime Self-Defense Force, reflects Australia’s intent to rapidly integrate tested naval platforms into its fleet as the country responds to evolving security challenges […]
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India’s cumulative defense spending to reach $543.1 billion during 2026-30, driven by need for modernization, forecasts GlobalData

India has embarked on a comprehensive and multi-dimensional defense modernization initiative, driven by the need to enhance its qualitative edge over Pakistan and address capability gaps exposed during the recent Operation Sindoor, in which India targeted terrorist infrastructure within Pakistan. The operational challenges faced by the Indian military were further exacerbated by China’s alleged support […]
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K2 Black Panther deal with Poland to strengthen South Korea’s position in European defense market, says GlobalData

South Korea’s ambitions to become a major global defense exporter have taken a significant leap forward with the recent announcement of a $6.5 billion contract to supply 180 K2 Black Panther main battle tanks to Poland. The deal confirms Seoul as a trusted supplier of modern, North Atlantic Treaty Organization (NATO)‑compatible equipment at a time […]
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Hypersonic missiles to help Japan counter escalating security challenges in Indo-Pacific region, says GlobalData

The deployment of the Hyper Velocity Guided Projectile (HVGP) will be a significant shift in Japan’s defense strategy, which has historically committed to a purely defensive posture. Japan is now poised to integrate this hypersonic missile into its force structure to conduct offensive operations when required. The advancements in missile technology by China and North […]
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Türkiye KAAN fighter jet deal to accelerate Indonesia’s defense industrial growth, says GlobalData

Indonesia’s decision to acquire 48 KAAN fifth-generation fighter jets from Türkiye marks a major leap in its defense modernization and airpower ambitions. Signed during the Indo Defence Expo and Forum held in Jakarta in June 2025, the agreement includes technology transfer and domestic production collaboration, potentially transforming Indonesia’s aerospace ecosystem, says GlobalData, a leading data […]
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Airbus A350s order to allow IndiGo to gain strategic share in India’s outbound long-haul market, says GlobalData

India’s largest airline, IndiGo, has taken a decisive step in its international expansion roadmap by exercising its option to place additional orders for 30 Airbus A350-900 aircraft in June 2025, effectively doubling its initial commitment to a wide-body fleet from 30 to 60 aircraft. The move allows IndiGo to claim a strategic share in the […]
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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 deter potential aggression from China. With defense spending projected to reach $23.5 billion in 2030, Taiwan is prioritizing advanced air, naval, and unmanned systems, while also strengthening logistics and support infrastructure to enhance resilience and sustain prolonged […]
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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 its military capabilities and readiness. These strategic enhancements include investments in advanced weapons systems, military preparedness, and fortification of cybersecurity infrastructure. In light of these developments, the country has allocated $222 billion for the period from 2021 to […]
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F-16 fighter jet deal bolsters Philippines air defense amid rising regional tensions, says GlobalData

In a significant step toward strengthening the air defense capabilities of the Philippines, the US government has approved the potential sale of 20 F-16 fighter jets valued at approximately $5.6 billion. This acquisition will enhance the Philippine Air Force’s ability to safeguard its airspace, improve regional security, and boost interoperability with allied forces in the […]
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Singapore to battle test its defense capabilities through Cope Tiger military exercise, says GlobalData

Following the announcement of the Republic of Singapore Air Force’s (RSAF) participation in the military exercise “Cope Tiger”; Harshavardhan Dabbiru, Aerospace and Defense Analyst at GlobalData, a leading data and analytics company, offers his view: “The participation of the RSAF alongside Thailand and the US in the joint military exercise Cope Tiger 2025, which started on […]
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