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December 17, 2020updated 21 May 2021 11:29am

Investment on loitering munitions will reduce expenditure for other weapon types: Poll

Loitering munitions have the ability to target, evade and penetrate enemy defences but also pose potential challenges.

Loitering munitions have the ability to target, evade and penetrate enemy defences but also pose potential challenges.

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Verdict has conducted a poll to assess whether investment on loitering munitions will reduce expenditure for other weapon types.

A majority of 32% of the poll respondents opined that investment on loitering munitions will reduce expenditure for unmanned combat aerial vehicles (UCAVs), while 22% voted that expenditure for manned platforms will reduce and 17% opined that expenditure on conventional unguided munitions will reduce.

Loitering munitions

A minority of 15% of the respondents voted that expenditure on other guided missile types will reduce, while the remaining 14% opined that investment on loitering munitions will not reduce expenditure for other weapon types.

The analysis is based on 188 responses received from the readers of Verdict’s defence sites Airforce Technology, Army Technology and Naval Technology between 07 October and 14 December 2020.

Increased use of loitering munitions in combat operations

Originally developed to target radar installations and mobile missile launchers, loitering weapon systems are increasingly being deployed for infantry use. A number of countries are acquiring loitering munitions due to their unique capabilities such as improved precision and cost effectiveness compared to other guided weapon systems.

The armed forces of the Middle East countries such as Turkey, Israel and Iran have emerged as the leading users of these loitering munitions that are often referred to as suicide or kamikaze drones. Loitering weapons are capable of tracking targets for extended periods of time, while providing the option of cancelling an attack mid-flight compared to rockets, mortars and missiles.

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How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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