Brazil's defence budget soars to $29.9bn by 2028 through initiatives
The Brazil Defense Market 2023-2028 report by GlobalData indicates a significant increase in defense expenditure.
Source: airforce-technology.com
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Vision 2030 to propel Saudi defence budget with a 4.5% CAGR by 2028
Saudi Arabia's commitment to bolster its defence capabilities aligns with its Vision 2030, driving growth in defence expenditure..
Saudi Arabia Saudi Arabian Saudi Arabian Defense Ministry Saudi Arabian Air Saudi Naval Expansion Program Saudi Arabian Air Force
Source: army-technology.com
Pakistan defence budget to reach $10bn by 2028, forecasts GlobalData
Defence spending is centred on modernisation in key areas such as combat aircraft, missile systems, submarines, and naval vessels.
Akash Pratim Debbarma Defense Market Size Budget Allocation Key Acquisitions Competitive Landscape Pratim Debbarma
Source: airforce-technology.com
China's naval plans propel $1.4trn PLA modernisation over 2024-2028
Rising geopolitical tensions drive China's ambitious defence spending amid territorial disputes and alliances.
Source: naval-technology.com
Japan boosts defence expenditure by 26.5% due to regional security concerns
Rising tensions prompt Japan to invest heavily in modernising its air and naval defence capabilities to boost its security.
North Korea United Kingdom Itsunori Onodera Chuck Hagel Aerospace Defence Analyst At Globaldata Defense Buildup Program
Source: army-technology.com
Australia's Navy takes centre stage in defence amid Indo-Pacific tensions
Australia's defence budget is projected to grow at a CAGR of 5.2% through 2028, fuelled by AUKUS and partnerships, says GlobalData report.
United Kingdom Sydney Harbour New South Wales James Marques Ryan Fletcher Shutterstock Akash Pratim Debbarma
Source: naval-technology.com
Hiring in the German aerospace, defence and security industry drop by 21% in Q1 2023
The German aerospace, defence and security industry experienced a 21% drop in hiring activity in Q1 2023, led by Rheinmetall's 45% share, according to GlobalData
Germany Defense Market Insightsgermany Defense Market Size Budget Allocation Key Acquisitions Competitive Landscape Mathematical Occupations
Source: army-technology.com
Hiring in the Indian aerospace, defence and security industry drop by 0.56% in Q1 2023
The Indian aerospace, defence and security industry experienced 0.56% drop in hiring activity in Q1 2023, led by Raytheon Technologies's 26% share, according to GlobalData
Raytheon Technologies India Defense Market Insightsindia Defense Market Size Budget Allocation Key Acquisitions Competitive Landscape
Source: army-technology.com
Hiring in the Canadian aerospace, defence and security industry drop by 2% in Q1 2023
The Canadian aerospace, defence and security industry experienced a 2% drop in hiring activity in Q1 2023, led by Bombardier's 33% share, according to GlobalData
Canada Defense Market Insightscanada Defense Market Size Budget Allocation Key Acquisitions Competitive Landscape Engineering Occupations
Source: army-technology.com
Hiring in the Mexican aerospace, defence and security industry rise by 3% in Q1 2023
The Mexican aerospace, defence and security industry experienced a 3% rise in hiring activity in Q1 2023, led by Raytheon Technologies's 48% share, according to GlobalData
Raytheon Technologies Mexico Defense Market Insightsmexico Defense Market Size Budget Allocation Key Acquisitions Competitive Landscape
Source: army-technology.com