Insight

Defense & Security Equipment

~THB 160B defence; Saab Gripen, Lockheed, BAE, Airbus, Rheinmetall imports; DTI, Chaiseri, Panus, R.V. Connex indigenous; S26T submarine saga

Last updated: Live coverage

Reports in this sector

2

Market profiles

0

Cited sources

30

Primary-grade share

83%

Key statistics

Public reference figures, each linked to source-level context.

FY2024
~THB 160B

Thailand defence, security equipment size

MoD budget, SIPRI, Jane's

FY2024
~38%

Army capability share

SIPRI, MoD procurement records

FY2024
~28%

Air Force capability share

Jane's, SIPRI, RTAF disclosures

FY2024
~20%

Navy capability share

Jane's, RTN disclosures

FY2024
~4%

Indigenous, DTI industry share

DTI, MoD

FY2020-FY2024
~USD 5.5B (2024)

Thailand Ministry of Defence budget (2020-2024)

SIPRI Military Expenditure Database, Thailand Bureau of the Budget, MoD annual budget statements

FY2024
Army ~46% / Air Force ~22% / Navy ~21%

MoD budget allocation by service branch

Thailand Bureau of the Budget FY2024 Budget Act, Defence News service breakdowns, IISS Military Balance

2024-2032 contract phasing
~USD 5.4B (12 aircraft)

Saab Gripen E/F Thailand fighter contract value (proposed)

Saab AB Q3 2024 investor briefing, Royal Thai Air Force selection announcement, Bangkok Post defence coverage

2024 inventory
VT-4 ~60 / Stryker ~130 / M1126 IFV ~70

Royal Thai Army armoured vehicle fleet (selected platforms)

IISS Military Balance 2024, Royal Thai Army announcements, US DSCA Foreign Military Sales notification archive

FY2020-FY2024
~THB 850M (2024)

Defence Technology Institute (DTI) R&D appropriation (2020-2024)

Defence Technology Institute annual reports, Thailand Bureau of the Budget DTI line item, Janes Defence Industry

FY2024
~85% imported / ~15% domestic

Thailand defence equipment imports vs domestic share

SIPRI Arms Transfers Database, Janes Defence Industry, DTI annual report, Chaiseri Defence company disclosures

2018-present (project lifecycle)
~USD 290M (Phase 1)

U-Tapao Aerospace MRO project (EEC anchor)

EEC Office project disclosures, Thai Airways rehabilitation plan, Bangkok Post aerospace MRO coverage

2024 establishment
~360,000 active

Royal Thai Armed Forces active personnel

IISS Military Balance 2024, Royal Thai Armed Forces public information, Ministry of Labour SSO data

Available reports

Thailand Defense & Security Equipment Market Intelligence

Thai defence ~THB 160B. MOD, RTA, RTN, RTAF procurement; DTI indigenous R&D; Chaiseri, Panus armored; Saab Gripen, Lockheed, BAE, Rheinmetall imports; S26T submarine, next-gen fighter.

Thailand Defense and Security Equipment Procurement Market Intelligence

Thailand FY2026 MoD budget THB 204.4B; Gripen E/F contract signed (12 airframes through 2035), S26T submarine cleared with Chinese engines, VT-4 MBTs delivered, Stryker C4I upgrades, Chaiseri exports to 37 markets.

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Thailand Defense & Security Equipment Market Intelligence

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