Elbit Systems Buys BAE’s Rokar GPS Solutions Business
Elbit Systems said on Thursday that it has acquired BAE Systems Rokar for $31 million. Rokar International Ltd
Australia Launches $761M Missile Project
Australia is liaising with the United States to build its own guided missiles under a $761 million (A$1 billion) ten-year long project. “Creating our own sovereign capability on Australian soil is essential to keep Australians safe,” Prime Minister Scott Morrison said while launching the project on Wednesday
European Union Creates €5B Fund to Finance Overseas Military Ops
The European Union (EU) announced on Monday that it has established European Peace Facility (EPF) an off-budget fund worth ~€5 billion for the period 2021-2027 to finance military operations abroad. The new financial instrument will cover all of EUs external actions that have military or defence implications under the Common Foreign...
Russian UAC, Sukhoi, MiG to Merge Aircraft Design, Program Management
Rostec State Corporation (Rostec) will unite United Aircraft Corporation (UAC) UAC, Sukhoi and MiG companies into a single corporate aircraft manufacturing center, which will consolidate the management of aircraft programs and other UAC assets. The UAC Corporate Aircraft Center, where Sukhoi and MiG will join, will consolidate the functions of...
India Not Going to Sign Defense Cooperation Deal with U.S.-Pentagon
The Pentagon has said that India wont sign any defense cooperation deal with the United States anytime soon. "India is not going to sign a mutual defense treaty with us any time soon, but they are a major defense partner of the United States and they are trying to become more...
Israel Aerospace Signs MoU with U.A.E.’s EDGE to Develop Anti-Drone Systems...
Israel Aerospace Industries (IAI) today announced that it has signed an agreement with U.A
DoD Announces $8M Agreement With GLOBALFOUNDRIES to Strengthen the Domestic Microelectronics Industrial...
The U.S
CAE to Acquire L3Harris Technologies' Military Training Business for $1B
CAE today announced it will acquire L3Harris Technologies' Military Training business for $1.05 billion
AeroVironment Acquires Artificial Intelligence Specialist, Intelligent Systems Group for $30M
AeroVironment said it acquired Progeny Systems Corporations Intelligent Systems Group (ISG) for $30 million earlier this week. Under the terms of the transaction, AeroVironment acquired ISG for $30 million in cash and an earnout for Progeny Systems Corporation of up to $6 million over three years, based on the achievement of specific performance targets
Israel Companies No-Show at IDEX 21
Barred from flying to Abu Dhabi due to Tel Aviv airport closure, Israeli companies marked its presence at the Arab worlds biggest arms fair, IDEX 2021, by a token and virtual presence. Close to 40 Israeli companies were to attend the exhibition, marking the countrys first participation in any U
Chinese Investors Seek $3.6 Billion Compensation from Ukrainian Moto Sich
Chinese investors of Ukraines Motor Sich have increased the amount of arbitration lawsuit against Ukraine by $100 million, taking the total figure to $3.6 billion
Anduril Rolls Out Pulsar-L Electromagnetic Warfare System for Fast-Deploy Missions
Pakistan Warns Of Imminent Indian Strike After Kashmir Attack Kills 26
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Norway Completes F-35 Fleet Delivery, Receives First Joint Strike Missile for Stealth...
Lockheed Martin Partners With Rheinmetall to Launch Missile Production Hub in Europe
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...
