Singapore Navy Successfully Tests Aster Missile Amid Major Frigate Upgrades
In April 2025, the Republic of Singapore Navy (RSN) successfully conducted a live-fire test of an Aster 15 surface-to-air missile from its lead Formidable-class frigate, RSS Formidable, in waters near Toulon, France. The missile intercepted and destroyed a Banshee...
Bangkok Airways Plans to Acquire 30 New Jets as ‘The White Lotus’ Drives Tourism Growth
Bangkok Airways is preparing to place an order for up to 30 new aircraft as part of its fleet renewal strategy and to accommodate the anticipated growth in tourism, particularly driven by the success of the television series The White Lotus. The airline plans to...
Singapore’s Defence Budget Hike Drives New Military Acquisitions, Opportunities
The Government of Singapore has announced a 12.4% increase in its defence budget for FY 2025, raising it to SGD 23.4 billion (USD 17.4 billion), the largest allocation among government expenditures. This boost will fund major military acquisitions, including two...