The Global Defense Electronics Obsolescence Market is projected to grow from USD 2.63 billion in 2023 to USD 5.08 billion by 2031, driven by rising defense expenditures and the integration of advanced technologies such as electronic warfare and sensors. Recent developments include a Rs 2,890 crore contract awarded by the Indian Ministry of Defence to Hindustan Aeronautics Limited for upgrading 25 Dornier Aircraft for the Indian Navy, highlighting India’s commitment to modernizing its defense capabilities. Despite challenges like regulatory hurdles and skilled labor shortages, the demand for innovative military technologies remains robust, underscoring the critical need for operational resilience and modernization in defense systems. The report identifies key market players, including Bharat Electronics Ltd and Hindustan Aeronautics Ltd, positioning India as a significant contributor to the global defense electronics landscape.