China’s destroyer outlay set to rise amid tensions in the South China Sea
GlobalData forecasts 5.2% compound annual growth rate (CAGR) growth for China's expenditure on destroyers through 2033.
23 November 2023
23 November 2023
GlobalData forecasts 5.2% compound annual growth rate (CAGR) growth for China's expenditure on destroyers through 2033.
The navy and air force patrols are intended to counterweight Chinese aggression in the South China Sea.
HII's unmanned systems division expands production to meet the growing demand for marine technology.
GlobalData's Energy Monitor takes you through what to expect at COP28, the UN climate conference taking place in December in Dubai, United Arab Emirates (UAE).
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The US, Russia, and China are all testing hypersonic technology, generating fears of escalating global competition for weaponry that has the potential to render current defenses inadequate. Aside from military applications, hypersonic technology promises extremely fast commercial flight. However, with the future of commercial aviation looking increasingly green, and with inherent challenges to the commercial hypersonic profit model, it appears unlikely that hypersonic passenger flights will emerge as a major market.
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