Austal Confirms Receipt of Conditional Acquisition Proposal from Hanwha Ocean
Austal Limited confirmed on April 1, that it received an unsolicited, conditional, and non-binding indicative proposal from Hanwha Ocean Co., Ltd
Indian Defense Exports Touch $2.63B in Fiscal 2024
Indian defense exports have surged to a record INR 21,083 crore (approximately $ 2.63 billion) in the Financial Year 2023-24, marking a growth of 32
Airbus to Acquire German Cybersecurity Company INFODAS
Airbus Defence and Space has confirmed its agreement to acquire INFODAS, a German company specializing in cybersecurity and IT solutions for the public sector, including defense and critical infrastructures. The acquisition is pending customary regulatory approvals and is expected to be completed by the end of 2024
Boeing Eyes Cutting Airbus Ties in Spirit AeroSystems Talks
Boeing is considering reducing Spirit AeroSystems' links to its competitor Airbus amid complications in Boeing's bid to reclaim its former subsidiary. This decision, first reported by
Airbus Ends Acquisition Bid of ATOS' Big Data and Security Business
Airbus has decided to halt discussions with Atos regarding the potential acquisition of its Big Data and Security (BDS) business line, dealing a blow to Atos's efforts to overcome financial hurdles. The
Denmark to Increase 2024-28 Defense Spending by DDK 40.5 Billion ($4.8 Billion)
The government of Denmark plans to raise defense spending by a total of DKK 40.5 billion ($4
Chinese Military Delegation Visits Maldives, Sri Lanka & Nepal
A Chinese People's Liberation Army (PLA) delegation for international military cooperation visited Maldives, Sri Lanka and Nepal from March 4 to 13, announced the Chinese Defense Ministry on Wednesday. During the visits, the Chinese delegation met with the President of Maldives and held talks with the defense authorities of three countries respectively, the PLA announced on its media outlet They exchanged views on mil-to-mil relations and regional security issues of common concern, with a focus on promoting bilateral defense cooperation, and reached a series of consensus
AERO Vodochody Acquires Czech Parts Supplier, Technometra
Czech aircraft maker, AERO Vodochody AEROSPACE has acquired 100% of Technometra Český Brod, one of Aeros major suppliers for the new L-39NG aircraft and also supplies and repairs aggregates for older aircraft manufactured by Aero. The acquisition of Technometra Český Brod was completed on 7 March 2024, when Aero became a 100% shareholder of Technometra
Iran Displays "Gaza" Drone, Other Weapons at DIMDEX 2024
Iran has showcased a range of weapons at the Doha International Maritime Defense Exhibition and Conference (DIMDEX) 2024, including radars, air defense systems, and the ‘Gaza drone. Iranian Defense Minister Brigadier General Mohammad Reza Ashtiani is present at DIMDEX 2024, actively participating in the military exhibition and engaging in discussions with Qatari officials
Boeing in Talks to Acquire Spirit AeroSystems
Boeing has officially confirmed ongoing discussions regarding the potential acquisition of Spirit AeroSystems. The collaboration aims to strengthen the manufacturing operations of both companies, with Boeing expressing confidence that the reintegration could enhance aviation safety and overall product quality
U.A.E.’s EDGE Group, Italy’s Fincantieri Announce €30B Joint Venture for Naval Manufacturing...
EDGE Group and Fincantieri have officially entered into a term sheet to establish a joint venture (JV) with a focus on manufacturing naval vessels. The term sheet formalization took place at Palazzo Marina in Rome, Italy, on Wednesday in the presence of key officials from both organizations and high-ranking military figures
Israel, Germany Begin Preparations for Arrow 3 Missile Defense Delivery
Germany to Equip F-35 Fleet with Joint Strike Missile in $650M Deal
Naval Group Launches Third Hellenic FDI Frigate
Raytheon, Northrop Grumman Complete Key Tests of New U.S. Army Short-Range Interceptor...
The Future of Combat: Miniaturized Laser Weapons Set to Replace Bullets and Missiles
Lasers may soon replace bullets, and drones could disable enemy UAVs with beams of light instead of missiles
Four-legged Robots Vs. Military Dogs
Four legged robots that resemble dogs are increasingly being seen in war zones and exercises for functions such as reconnaissance...
Lockheed Martin Faces Billions in F-35 Cuts Under U.S. Policy Shift
Americas policy of controlling F-35 usage, spares, and maintenance—combined with President Donald Trumps threats of trade wars with Europe, halted...
Russian Su-57 and Chinese J-20 as Alternatives to the American F-35 Stealth Fighter
As the Russian Su-57 stealth fighter jet enters serial production, the debate over how it stacks up against the American...
