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October 2, 2018

China’s FTC-2000G fighter aircraft conducts maiden flight

China’s new FTC-2000G multi-role combat jet created for export has reportedly carried out its maiden flight successfully.

China’s new FTC-2000G multi-role combat jet created for export has reportedly carried out its maiden flight successfully.

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What is driving and impacting South Korea’s Defense Market?

South Korea’s defense budget is currently valued at $48.3 billion after experiencing impressive and robust annual growth of 10.5% in 2022. Over the forecast period, South Korean defense expenditure is anticipated to register a strong CAGR of 6.3% over 2023-27 and reach $66.2 billion by 2027. The country’s acquisition budget, which includes research and development (R&D) funding, is also anticipated to register significant growth, projected to reach $21.6 billion in 2027, seeing significant rise from the anticipated $17 billion in 2023. South Korean defense spending is continuing to be fueled by the country’s hostile relationship with North Korea, coupled with the need to develop its own domestic industry. If you want to strategize successfully off this growing market, it is important to be fully informed. This report’s key findings include:
  • Details on the defense budget
  • Drivers of defense spending
  • Key trends impacting the market
Download the full report so you can formulate winning strategies for the road ahead.
by GlobalData
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During its debut flight conducted in the city of Anshun in China’s south-west Guizhou Province, the aircraft remained airborne cruising for approximately ten minutes, reported the Press Trust of India (PTI) citing state-run China Daily.

The aircraft has been manufactured locally by the Guizhou Aviation Industry Corporation under the state-owned defence firm Aviation Industry Corporation of China.

“With a maximum speed of 1,470km/h, the FTC-2000G fixed-wing, multi-role combat jet is primarily deployed by the country to carry out airstrikes against ground targets.”

The debut flight ceremony saw the participation of more than 1,000 people, which includes executives and provincial leaders from Aviation Industry Corporation of China, in addition to other ambassadors and military officials from different countries.

With a maximum speed of 1,470km/h, the FTC-2000G fixed-wing, multi-role combat jet is primarily deployed by the country to carry out airstrikes against ground targets.

Featuring a maximum take-off weight of 11 metric tonnes, the combat jet has a maximum flight range of 2,400km and an operational flight ceiling of 15km.

Guizhou Aviation Industry chief designer Hu Jianxing was quoted by PTI as saying: “The aircraft can fulfil a wide range of tasks, ranging from flight training and close-in air support to long-distance penetration airstrikes and air escorts.”

The FTC-2000G jet also features the latest radar and fire-control systems, in addition to advanced air-to-surface weapons.

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Free Report
img

What is driving and impacting South Korea’s Defense Market?

South Korea’s defense budget is currently valued at $48.3 billion after experiencing impressive and robust annual growth of 10.5% in 2022. Over the forecast period, South Korean defense expenditure is anticipated to register a strong CAGR of 6.3% over 2023-27 and reach $66.2 billion by 2027. The country’s acquisition budget, which includes research and development (R&D) funding, is also anticipated to register significant growth, projected to reach $21.6 billion in 2027, seeing significant rise from the anticipated $17 billion in 2023. South Korean defense spending is continuing to be fueled by the country’s hostile relationship with North Korea, coupled with the need to develop its own domestic industry. If you want to strategize successfully off this growing market, it is important to be fully informed. This report’s key findings include:
  • Details on the defense budget
  • Drivers of defense spending
  • Key trends impacting the market
Download the full report so you can formulate winning strategies for the road ahead.
by GlobalData
Enter your details here to receive your free Report.

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