Tuesday, December 06, 2016
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Sea

Naval warfare market worth $50 billion by 2026

The naval warfare market is growing.The global naval vessels, surface combatants, and related maintenance, repair and overhaul (MRO) market will grow from $36.3 billion in 2016 to $50.3 billion by 2026, according to a new study.
   

Algerian Umkhonto production almost complete

An Umkhonto surface to air missile.Denel Dynamics will complete production of Umkhonto surface-to-air missiles for the Algerian Navy in January 2017.
   

Thales to upgrade Collins submarine with latest generation sonar systems


The refresh enables better detection of evolving underwater threats, and upgrades to cylindrical and flank arrays.

   

Undersea warfare market worth $11.9 billion by 2026

The undersea warfare market is growing.The global undersea warfare systems market, valued at $7.1 billion in 2016, is projected to be worth $11.9 billion by 2026, according to a new report.
   

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