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Growing Defense Budgets and Expenditures is Boosting the Demand will lead the Integrated Platform Management System market growth during 2020-2027
Integrated Platform Management System Market market was valued at US$ 3,314.3 million in 2019 and is projected to reach US$ 5,234.3 million by 2027 and is expected to grow at a CAGR of 5.8% during the forecast period.
The integrated platform management system (IPMS) is a complex control system solution developed for various types of naval vessels, including aircraft carriers, submarines, and frigates. The solution consists of electrical, damage control, propulsion, auxiliary, and HVAC systems integrated in a single solution. Integrating the system into aforesaid naval vessels removes standalone third party control equipment lowering cabling, weight, and space while offering better supportability.
This file photo shows the Type-054 Class Frigate that China launched for Pakistan in Aug 2020. Photo courtesy: Pakistan Navy
Chief Naval Overseer (China) Commodore Azfar Humayun attends the launching ceremony of the warship at the Hudong Zhonghua Shipyard in China s Shanghai on Saturday. Photo courtesy: Pakistan Navy
China launched a second advanced warship a Type-054 Class Frigate for Pakistan on Saturday, the Pakistan Navy said in a statement.
The warship, which has been constructed by China, is the country s most advanced frigate, according to a report by China s state-backed publication,
The new version has a better defence capability and is equipped with an improved radar system and a larger amount of missiles with a longer range , the report quoted Zhang Junshe, a senior research fellow at the PLA Naval Military Studies Research Institute, as saying.
Royal Canadian Navy Halifax-class frigate HMCS Ottawa docking at JMSDF s Kure base. Picture by Yoshihiro Inaba. Interview: The Royal Canadian Navy’s Role in the Indo-Pacific Region Japanese defence reporter Yoshihiro Inaba conducted an exclusive interview with Admiral Art McDonald, Canada’s Chief of the Defence Staff. The former Commander of the Royal Canadian Navy spoke about the importance of cooperation with regional countries including Japan and his country s commitment to the Indo-Pacific region. 28 Jan 2021
In recent years, Japan has strengthened its security ties with Canada, particularly through the Japan Maritime Self-Defense Force (JMSDF) and the Royal Canadian Navy (RCN). Both naval forces have strengthened their cooperation through the bilateral joint exercise KAEDEX and by ensuring the implementation of the United Nations Security Council Resolution (UNSCR) against North Korea.