News in Numbers

Battlefield use in Ukraine and the Middle East coupled with a rise in loitering munitions sales is projected to drive the value of the global military UAV market to just under $18bn by 2033.

Thales has clinched a £1.8bn ($2.3bn), 15-year contract with the UK Ministry of Defence to enhance national security under the Maritime Sensor Enhancement Team project.

Australia has injected $400m (A$616) into the MQ-28A Ghost Bat programme, which is developing an uncrewed ‘Loyal Wingman’ platform to augment the capabilities of crewed fighters.

The US Government has placed an order with BAE Systems to purchase additional M109A7 Paladin self-propelled howitzers and associated M992A3 ammunition carriers at a cost of $418m.

The Spanish Ministry of Defence has announced it will increase defence spending, which is now forecast to reach 1.3% of GDP in 2024.