Industry News

The Nigerians in Diaspora Monitoring Group (NDMG) has lauded the deepening defence ties between Nigeria and India, framing the collaboration as a strategic pivot in addressing the country’s persistent security challenges. In a statement signed by its

South Korea’s shrinking military workforce, driven by a decades-long decline in birth rates, is forcing a strategic pivot in defence planning. The country’s armed forces have reduced by 20% over the past six years, from 563,000 personnel in 2019 to a

The military platforms market is poised for significant growth, driven by escalating geopolitical tensions and a surge in defence spending. Projections indicate the market will expand from USD 49.87 billion in 2024 to USD 84.41 billion by 2032, refle

Russia’s relentless air campaign against Ukraine has intensified, with Moscow deploying a record 6,200 drones in July alone, according to the latest UK Ministry of Defence (MoD) Intelligence Update. This surge in drone swarms, coupled with advanced m

Deutsche Telekom (DT) and Porsche are reportedly teaming up to launch a €500 million venture capital fund focused on European defence technology, according to a Bloomberg report. The fund, which is still in the planning stages, would be managed by Di

In a spirited debate on the 13th Malaysia Plan (13MP) in the Dewan Rakyat, lawmakers have underscored the urgent need to fortify the Federal Land Development Authority (Felda) and accelerate Malaysia’s defence technology capabilities. These discussio

Private capital is reshaping the global defence technology landscape, with venture capital and private markets driving innovation in drones, AI-enabled systems, cybersecurity, and dual-use applications. The United States remains the epicentre of this

Porsche and Deutsche Telekom are in advanced discussions to anchor a new €500 million venture capital fund dedicated to European defence technology, a move that underscores the continent’s accelerating shift toward military innovation. The fund, mana

ConvergX and GreyLevel have announced a strategic partnership to accelerate the commercialization of dual-use technologies, bridging Alberta’s industrial capabilities with Yukon’s Arctic testing environment. This collaboration aims to fast-track inno

Kim Bolton, President and Portfolio Manager at Black Swan Dexteritas (BSD), has outlined a bullish long-term outlook for technology stocks, with a particular focus on the defence sector. His analysis comes at a time when global markets are navigating