Italian shipbuilder Fincantieri announced on Thursday the acquisition of Leonardo's Underwater Armament Systems (UAS) for an enterprise value of €415 million. The
The 2024 Moscow International Airshow (MAKS) has been cancelled making it the second time in two years that the prestigious event held biennially, has been cancelled in view of the ongoing Ukraine war. Scheduled to take place in Zhukovsky this summer, the show has been called off, according to three industry...
Airbus announced Tuesday that it has finalised the acquisition of U.S
The United States announced sanctions on nearly
Australia, the United Kingdom, and the United States have jointly proposed significant changes to their national export control exemptions to facilitate defense industry collaboration within the AUKUS partnership. These proposed changes aim to create a license-free environment for defense-related exports among the three countries, promoting enhanced cooperation in scientific, technological, and industrial capabilities
Polands Deputy Prime Minister Władysław Kosiniak-Kamysz, also serving as Minister of National Defense for Poland, met with Richard Marles, Australia's Deputy Prime Minister and Minister of Defense, in Warsaw on April 26 to discuss strengthening security and defense cooperation between the two countries. During the meeting, Deputy Prime Minister Kosiniak-Kamysz highlighted Australia's significant partnership with NATO and expressed appreciation for Australia's support in various areas, including military cooperation, humanitarian aid, and protection of transportation infrastructure, particularly in light of the Ukraine conflict
RSBC Investment Group has completed the acquisition of STEYR ARMS, the Austrian firearm manufacturer, on April 23. RSBC Group has acquired 100% ownership of STEYR ARMS from its previous owner, SMH Holding GmbH
Indonesia and Canada held their first-ever defense dialogue, the Indonesia-Canada Defense Dialogue (ICDD), hosted by the Ministry of Defense of Indonesia at the Borobudur Hotel in Jakarta on April 22 and 23, 2024. The Indonesian delegation was led by Major General TNI Bambang Trisnohadi, Director General of Defense Strategy, while the Canadian side was led by Major General Gregory Smith, Director General of International Security at the Canadian Department of Defense
Turkey and Iraq have signed a Memorandum of Understanding (MOU) to enhance strategic cooperation between the countries in the field of defense industry. The agreement was signed during the visit of Turkish President Recep Tayyip Erdogan and Haluk Görgün, President of Turkey's Presidency of Defense Industries (SSB), to Iraq on April 22
The Central African Republic (CAR) is considering deploying a Russian military base in the eastern region to enhance border security in that area. In an interview with RTVI, President Faustin-Archange Touadera expressed interest in potentially establishing a Russian military base in the eastern region of his country to bolster border security
Australias defense ministry is planning to invest between A$36-44 billion in acquiring landing craft, HIMARS missile systems, and helicopters for its military. This spending will enable the Army to impede a potential adversary's freedom of action, aligning with the goals outlined in the National Defense Strategy released on April 17