View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
August 25, 2020

China introduces first warship developed for Pakistan Navy

China has introduced the ‘most advanced’ warship, which was developed for the Pakistan Navy, in a ceremony at Hudong Zhonghua shipyard in Shanghai, China.

China has introduced the ‘most advanced’ warship, which was developed for the Pakistan Navy, in a ceremony at Hudong Zhonghua shipyard in Shanghai, China.

Free Report
img

What is driving and impacting South Korea’s Defense Market?

South Korea’s defense budget is currently valued at $48.3 billion after experiencing impressive and robust annual growth of 10.5% in 2022. Over the forecast period, South Korean defense expenditure is anticipated to register a strong CAGR of 6.3% over 2023-27 and reach $66.2 billion by 2027. The country’s acquisition budget, which includes research and development (R&D) funding, is also anticipated to register significant growth, projected to reach $21.6 billion in 2027, seeing significant rise from the anticipated $17 billion in 2023. South Korean defense spending is continuing to be fueled by the country’s hostile relationship with North Korea, coupled with the need to develop its own domestic industry. If you want to strategize successfully off this growing market, it is important to be fully informed. This report’s key findings include:
  • Details on the defense budget
  • Drivers of defense spending
  • Key trends impacting the market
Download the full report so you can formulate winning strategies for the road ahead.
by GlobalData
Enter your details here to receive your free Report.

This vessel is the first of the four Type-054 class frigates expected to help Pakistan tackle challenges in the future.

According to local media, the guided missile frigate is said to be the biggest combat ship that has been sold by China to a navy of a foreign country and marks an important step for the military export sector of the country.

The remaining three ships are expected to join the Pakistan Navy next year.

Gulf News quoted the Pakistan Navy as saying in a statement that the frigates will feature modern surface, subsurface and anti-air weapons and sensors.

The vessels will be one of the most advances surface platforms in its fleet and “contribute in maintaining peace and security in its area of responsibility.”

The Type 054A Class of missile frigates are being built by Hudong-Zhonghua Shipyard and Huangpu Shipyard for the People’s Liberation Army Navy (PLAN).

They have a length of 134m and a beam of 16m. The standard displacement is 3,600t, while the full displacement is around 4,000t. Each vessel has a crew complement of 165.

Pakistan and China have deepened their military and defence ties with the ‘Sea Guardians 2020’ joint naval drill in the Arabian Sea and the development of JF-17 multirole combat aircraft.

Last month, China Shipbuilding Group planned to build an advanced amphibious assault ship to boost the Chinese marines’ ability to hit targets on land and at sea.

Related Companies

Free Report
img

What is driving and impacting South Korea’s Defense Market?

South Korea’s defense budget is currently valued at $48.3 billion after experiencing impressive and robust annual growth of 10.5% in 2022. Over the forecast period, South Korean defense expenditure is anticipated to register a strong CAGR of 6.3% over 2023-27 and reach $66.2 billion by 2027. The country’s acquisition budget, which includes research and development (R&D) funding, is also anticipated to register significant growth, projected to reach $21.6 billion in 2027, seeing significant rise from the anticipated $17 billion in 2023. South Korean defense spending is continuing to be fueled by the country’s hostile relationship with North Korea, coupled with the need to develop its own domestic industry. If you want to strategize successfully off this growing market, it is important to be fully informed. This report’s key findings include:
  • Details on the defense budget
  • Drivers of defense spending
  • Key trends impacting the market
Download the full report so you can formulate winning strategies for the road ahead.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The defence industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Naval Technology