India’s indigenous destroyer delivery marks stride towards naval self-reliance
The third project 15B indigenous destroyer, Imphal, has been delivered.
23 October 2023
23 October 2023
The third project 15B indigenous destroyer, Imphal, has been delivered.
After the Iris-T missile system found its place in Europe’s growing defence industry, the German manufacturer has eyes on South Korea, where the aerospace sector dominates.
Beyond schedule and at huge cost, Spain's first S-80 submarine has reached maximum depth, the final stage before delivery.
The section of the UK’s future Dreadnought nuclear ballistic missile submarine (SSBN) is the largest segment to be completed so far in Barrow-in-Furness.
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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