15 November 2023
15 November 2023
This deal for the procurement of naval missiles after the East Asian republic confirmed the continued production of two more frigates marks the country’s maritime priorities.
Based on its Q3 results, the Italian naval manufacturer foresees a positive progression of its 2023-27 Business Plan despite European sentiment drop.
Dubai-based EDGE Group, a global defence company, inks landmark agreement for MANSUP Series with the Brazilian Navy at Dubai Airshow.
The critical design review for the Maritime Electronic Warfare System Integrated Capability has been approved, meaning it can proceed to manufacture, testing and acceptance.
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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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