Demand signal: SWEBAL on Western energetics needs
Rising demand is straining supplies of TNT, RDX, and nitrocellulose Upstream energetics production is limiting ammunition output Long-term contracts and…
Rising demand is straining supplies of TNT, RDX, and nitrocellulose Upstream energetics production is limiting ammunition output Long-term contracts and…
Market to more than double: $34.2bn (2026) to $75.7bn (2036) (8.3% CAGR) North America leads (39.5%), ahead of Europe (33.8%) and Asia-Pacific (19.5%) Large calibre dominates (35.6%); Europe leads that…
Market to grow from $3.5bn (2026) to $6.5bn (2036), led by hard armour North America leads; Europe is more balanced; Asia-Pacific is hard-armour heavy Level 4 armour is driving debate…
For defence manufacturers, the importance of platinum-group metals (PGMs) is less about the quantity consumed than the consequences of not having them. PGMs are used in a range of military…
Croatia’s defence budget is forecast to rise, driven by equipment modernisation Spending focus shifts to land and naval upgrades, including K239 Chunmoo MLRS and new surface ships Air recapitalisation is…
Market: ~$1.5bn (2026) → ~$2.8bn (2036); >$22bn total (6.4% CAGR). Demand: Europe 86%; Ukraine+Russia ~$14.2bn (66% of global spend). Drivers: AI/modularity/swarming + low unit cost vs cruise missiles. The invasion of Ukraine and…
Finland’s defence spend is forecast to rise to nearly $12bn, driven by Russia tensions and Nato accession Growth expected across air, land and sea, with missiles/missile defence the strongest segment Big-ticket modernisation includes 64…