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Russia Exported Weapons to 17 Countries in 2024: Rosoboronexport CEO

June 10, 2024 @ 11:41 AM

Russia's Rosoboronexport (ROE) has exported weapons to 17 countries so far in 2024, with its order book standing at $55 billion, said ROE General Director Alexander Mikheev. The orders include military, dual-use, and civilian products for 45 countries, Mikheev stated at the International Helicopter Industry Exhibition HeliRussia 2024 in Moscow today

Indonesia’s PT Len Industri, Thales Form Joint Venture to Develop Surveillance Radars...

June 4, 2024 @ 06:30 AM

Thales is forming a joint venture with Indonesian defence firm PT Len Industri to collaborate on air surveillance radars, Command & Control systems, and a national Air Operations Centre. A Centre of Excellence, the first of its kind in Indonesia, will be created to meet the air surveillance requirements of the...

Fincantieri Buys Leonardo's Submarine Business for €415M

May 11, 2024 @ 07:59 AM

Italian shipbuilder Fincantieri announced on Thursday the acquisition of Leonardo's Underwater Armament Systems (UAS) for an enterprise value of €415 million. The

Russia Cancels MAKS Airshow for Second Consecutive Year

May 10, 2024 @ 07:04 AM

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 sources who spoke to

Airbus Finalises Acquisition of Flexrotor VTOL UAS Developer ‘Aerovel’

May 8, 2024 @ 05:27 AM

Airbus announced Tuesday that it has finalised the acquisition of U.S

U.S. Imposes Sanctions on Nearly 300 Entities Allegedly Supporting Russia's Invasion of...

May 2, 2024 @ 06:43 AM

The United States announced sanctions on nearly

AUKUS Countries Detail Export License Removals for Defense Manufacture

May 1, 2024 @ 05:14 AM

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

Poland, Australia Strengthen Defense Ties in Warsaw Meeting

April 29, 2024 @ 09:33 AM

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

Czech Firm, RSBC Group Acquires Austrian STEYR ARMS

April 25, 2024 @ 06:41 AM

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

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