South Korea builds two frigates, responding to regional animosity
The features of the next-generation FFX Batch III frigates will help modernise the South Korean Navy.
13 November 2023
13 November 2023
The features of the next-generation FFX Batch III frigates will help modernise the South Korean Navy.
Q3 results in the business area decreased by 6%, while earnings before interest and taxes also dropped.
During its first military manoeuvres the EU used the new European Command and Control system off the coast of Spain.
HM Naval Base Clyde is home of the UK’s nuclear deterrent fleet, the Vanguard-class ballistic missile submarines.
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Per GlobalData estimates, the space industry was worth $450 billion in 2022 and is expected to expand at a CAGR of somewhere between 6% and 10% by 2030. Investor interest, evident gaps in the market, and advancements in space technologies have led to a surge in start-ups entering the space economy in the last five years. The unforgiving environment of space exploration is matched by the harsh financial reality of developing space technologies, which has made acquisitions of complementary companies, strategic suppliers, and partners more likely.
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