Page 10 - ADT MARCH 2023 Latest Magazine | GBP
P. 10

LAND SYSTEMS


                                                                                                    © BAE SYSTEMS

























        GAINING GROUND










        The land-based defence equipment

        manufacturing market is recovering rapidly



        - By Jay Menon
             he outbreak of COVID-19 acted as a massive restraint on   lish a panel of industrial activity in any country
             the land-based defence equipment manufacturing market     in the region. Countries such as Saudi Arabia,
        T in 2020, with supply chains being disrupted due to trade     under its Vision 2030, makes it mandatory to
        restrictions and manufacturing coming almost to a standstill due   enhance local content through localising the
        to lockdowns imposed by governments globally.  As many govern-  production of goods. “We can propose that to
        ments restricted the movement of goods across nations, defence   our potential customers,” the official said. Egypt
        equipment manufacturers had to halt production due to a lack of   is reportedly in talks with Eurosam to purchase
        parts and raw materials. The outbreak had a negative impact on   the new generation air defence systems.
        businesses throughout 2020 and into 2021.  However, the land-based
        defence equipment manufacturing market is now rapidly recovering   “We have ramped up production lines for the
        from the shock. Amid the rise in conflicts and war-like situations   new system and expect to start the delivery to
        across different parts of the world, the demand for missile-launch   the French and Italian forces by the end of 2025,”
        systems, armoured fighting vehicles, soldier equipment, and com-  Bruxmeier said. “And the system will be available
        munication devices have grown at a significant rate.           for global customers from 2026.”   As the ability
                                                                       to intercept ballistic missiles is also growing in
                                                                       importance in the region, the SAMP/T NG with a
        Missile Defence System
                                                                       360 degree radar system and high mobility can
        Several countries in the Middle East and North African (MENA) region   easily complement the existing missile defence
        and South East Asia are showing keen interest in the SAMP/T NG   systems in region. Also, it helps the nations in
        (new generation) medium range air defence systems to guard     the region not to depend on one country or
        against tactical ballistic missiles and a plethora of unmanned aerial   one system,” the Eurosam official added.  The
        systems. “In these regions there are these well identified threats and   Franco-Italian consortium, earlier this year,
        our systems have been designed to address these threats. We are   launched the production of the new genera-
        discussing with several countries in these regions,” Eva Bruxmeier,   tion of medium range air defence systems for
        managing director of Eurosam said. Eurosam is also ready to estab-  the French air force and the Italian army.  The
        10 |  APRIL-MAY 2023                                                                WWW.GBP.COM.SG/ADT
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