Military

[New] The proportion of modern equipment in service with the Russian military is 68.2% and will reach 70% before the end of the year.
If GDP for 2020 falls by 13%, as predicted by the UK Office for Budget Responsibility, the government could cut the defence budget by more than £6 billion per annum and still remain within its manifesto pledge.
Whereas opposition parties criticize the increase of defense spending, the Trump administration in the United States might find it insufficient in terms of defense cooperation and burden sharing under the bilateral military alliance.
For future conflicts, the Department of Defense (DoD) has expressed concern that potential opponents such as Russia and China could prevent the United States from easily gaining air and naval superiority, which could hinder its ability to prosecute military campaigns.
Poised to reach over US$ 1 Billion by the year 2025, Aerospace & Defense will bring in healthy gains adding significant momentum to global growth.
After five straight years of growth, global defense spending is expected to decline in the coming years as nations deal with the economic fallout of the coronavirus pandemic.
The North Atlantic Treaty Organization (NATO) plans to launch weapons into space and that mutually-acceptable measures must be worked out among all parties to prevent a military confrontation in near-Earth space.
Given that every NATO economy will be under tremendous strain in the coming years, it is hard to see how the 2-percent issue of allied defense spending will get any easier.
Spending on global military communications systems and services will grow to over $36.7 billion in 2026, a compound annual growth rate of 3.5%.
Poised to reach over US$ 53.4 Billion by the year 2025, Defense will bring in healthy gains adding significant momentum to global growth.
COVID-19 will change National Security and how the United States assesses its readiness for potential defense and security-related crises.
Air forces of the future 'will require a fighter system that is highly flexible and can be applied to a wide variety of military operations', a multi-role aircraft then, which is not really all to different to most new aircraft today.
The global market for defense robotics reached $9.6 billion in 2018 and should reach nearly $14.1 billion by 2023, at a compound annual growth rate of 8.2% for the period of 2018-2023.
The fiscal year 2020 National Defense Authorization Act directed the creation of the Space Acquisition Council, which will handle all procurement operations for disparate DoD space entities such as the Space Rapid Capabilities Office, Space Development Agency and Space and Missile Systems Center.
The potential for direct armed conflict against great power competitors remains a potent threat to US national security and remains a top priority for the Department of Defense.
The goal of the Naval Shipbuilding Plan is to ensure that the regeneration of the Royal Australian Navy over the coming decades will ensure both a cost-effective solution for the government and provide Navy the assured capability to fight and win.
Today's milestone reinforces the OPV program is on schedule to deliver the capability for the Royal Australian Navy when the first ship commences service in 2022.
Works set to commence later this year on new Defence facilities at HMAS Stirling and Henderson will bring a much needed economic boost to Western Australia and create 750 new jobs.
Military Expenditure in Indonesia is expected to reach USD 7980.00 Million by the end of 2020.
Western Australia will receive a timely, major economic boost with up to 750 construction jobs supported through works set to commence later this year on new Defence facilities at HMAS Stirling and Henderson.
Military Expenditure in Turkey is expected to reach USD 20778.92 Million by the end of 2020.
Of the increase in US annual costs that CBO projects from 2024 through 2034 ($88 billion), about 18% ($16 billion) is for the cost of military personnel; 43% ($37 billion) is for O&M costs; and 38% ($33 billion) is for costs to develop and purchase weapon systems.
North America is expected to have a leading share in the Ground Military Antenna Market over the coming years.

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Last updated: 21 May 2020