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June 30, 2020

India to receive six Rafale aircraft amid border tensions with China

India is set to receive six fully loaded Rafale fighter aircraft with the long-range Meteor air-to-air missiles, amid the ongoing border disputes with China along the Line of Actual Control (LAC) in Ladakh.

India is set to receive six fully loaded Rafale fighter aircraft with the long-range Meteor air-to-air missiles, amid the ongoing border disputes with China along the Line of Actual Control (LAC) in Ladakh.

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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 GD50 ADS
Enter your details here to receive your free Report.

The Rafales have a strike range capacity of 150km and are expected to be delivered by July this year.

Once delivered, the aircraft will enhance the air strike capability of the Indian Air Force (IAF), providing an edge over the Chinese Air Force.

Undisclosed government sources told ANI: “Depending upon the situation and the ongoing training of IAF pilots in France, we may get six Rafales by July-end.

“The aircraft will be arriving with their full package and will be made operational within few days itself.”

In September 2016, India signed a contract with France for 36 Rafales for the IAF. The jets are expected to be delivered by April 2022.

Originally, the airforce had scheduled the delivery of four Rafales, including three twin-seater trainer versions.

The aircraft will train the pilots at Ambala Air Force station, making it the first base of the Rafale fighter jets in the country.

According to the sources, the second base was expected to be in Hashimara, West Bengal.

However, the number of aircraft to be delivered may differ according to requirements, including the training requirements of the pilots already stationed in France.

Currently, the IAF is overlooking the development of ground infrastructure of the aircraft. The date of arrival of the aircraft remains undecided.

The first aircraft is planned to be piloted by the Commanding Officer of the 17 Golden Arrows’ squadron along with a French pilot.

The aircraft will be transferred from France to India. Before landing, it will undergo refuelling by a French Air Force tanker aircraft in the air.

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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 GD50 ADS
Enter your details here to receive your free Report.

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