Hanwha Aerospace and Hanwha Systems have entered into a memorandum of understanding (MOU) for defense industry cooperation with the Saudi Ministry of National Defense, as announced during the 'World Defense Show 2024 in Riyadh, Saudi Arabia. Hanwha said in a statement on February 13 that the signing ceremony, which took place...
The U.A
South Korea and Qatar have solidified their commitment to enhanced defense collaboration through the signing of an initial agreement during talks between their defense chiefs. Defense Minister Shin Won-sik signed the memorandum of understanding (MOU) during his meeting with Qatar's Deputy Prime Minister Khalid bin Mohamed Al Attiyah in Doha
Even after Moscow imposed “banana sanctions on Ecuador, the latter has shown no inclination of reversing the supply of “scrap metal” Russian military equipment to Ukraine in exchange for receiving $200 million worth of new gear from the U.S
The United Kingdom and Saudi Arabia on Monday announced the creation of a "Strategic Capability Partnership Committee," with a focus on developing cooperation in equipment and industry, research and development, and training. A particular focus for planned collaboration will be land-based systems including air defense capabilities and armored vehicles, uncrewed aerial...
South Korea and Saudi Arabia have recently taken a step towards defense industry cooperation by signing a memorandum of understanding (MOU) on mid- to long-term collaboration. The agreement was inked by Defense Acquisition Program Administration Director Eom Dong-hwan and Saudi Arabia's Vice Minister of National Defense, Talal Abdullah Al-otaibi, in the presence of Minister of National Defense Shin Won-sik in Riyadh on February 4
The Ministry of Investment (MISA) of the Kingdom of Saudi Arabia, the General Authority for Military Industries (GAMI), and Leonardo revealed the signing of a Memorandum of Understanding (MoU) at the ongoing World Defence Show in Riyadh. The MoU aims to facilitate discussions, development, and evaluation of investment and collaboration opportunities within the defense and aerospace sector
BAE Systems has finalized the acquisition of Malloy Aeronautics, a company specializing in heavy lift drone and aeronautical technologies. This move is part of BAE Systems' broader strategy to invest in technologies and augment its capabilities in the uncrewed aerial systems (UAS) sector
Rheinmetall is set to acquire a 72.5% majority holding in Automecanica Mediaș, a Romanian vehicle maker, as part of its ongoing expansion in Central Europe
Airbus U.S
John Cockerill, a supplier of light tank turrets and simulation systems, has entered an exclusive agreement with the Volvo Group to acquire Arquus, Frances primary military vehicle supplier. The
Airbus Helicopters and Aerovel have inked an agreement for Airbus to acquire Aerovel and its unmanned aerial system (UAS), Flexrotor. The move is part of Airbus' strategic plan to bolster its portfolio of tactical unmanned solutions