China May Cut Rare Earth Material Supply to Lockheed Martin in Sanctions...
China is likely to cut-off material supply including rare earths to Lockheed Martin besides imposing restrictions on its Chinese suppliers as part of sanctions for selling arms to Taiwan. Chinese Foreign Ministry spokesperson Zhao Lijian said at a press conference on Tuesday that China had decided to impose sanctions on Lockheed...
Embraer Buys Brazilian Cybersecurity firm, Tempest
Embraer today announced the signing of a contract for a majority investment in Brazilian Security Intelligence firm, Tempest. The largest cybersecurity company in Brazil, Tempest, positions itself as a provider of complete solutions for business protection in the digital world
Maxar to acquire Saab’s Shares in Vricon Geospatial-Intelligence Data and Software Provider...
Maxar Technologies has announced its intent to acquire Saabs shares in Vricon Inc., a fifty-fifty joint venture
Lockheed Appoints Jim Taiclet as President and CEO
Lockheed Martin appointed Gulf War veteran and pilot James D. Taiclet, 60, as president and CEO of the company, today
US Allocates $250M Ukraine Security Assistance Fund against ‘Russian aggression’
The US Department of Defense will allocate $250 million in Fiscal Year 2020 Ukraine Security Assistance Initiative (USAI) funds for additional training, equipment, and advisory efforts to enable Ukraines capacity to more effectively defend itself against ‘Russian aggression. The USAI funds – $125 million of which was conditional on Ukraines progress...
France Speeds Up Aircraft Procurement to Revive Ailing Aerospace Industry
France will accelerate procurement of drones, helicopters and tanker planes as part of a larger potential recovery plan to help aerospace industry cope with the economic crisis caused by COVID-19 outbreak. The announcement was made by French defense minister Florence Parly on Tuesday
South Korea to Defer US Missile Purchase as Part of $225 Million...
South Korea has decided to defer the purchase of US-made ship-to-air missiles worth 70 billion Won (US$57.5 million) as part of a 300 billion Won ($244
Germany's Thyssenkrupp to Acquire Oceana shipyard in Brazil
Germanys Thyssenkrupp Marine Systems has signed a contract to acquire the Oceana shipyard in Brazil (Itajaí, state of Santa Catarina). The seller is Aliança S
China’s Defense Budget Doubles to $178.2B in a Decade
China has set aside 1.268 trillion yuan ($178
India to sign defense contracts valued below INR 200 Crore with local
The Indian Defense Ministry will sign contracts valued equal to or less than INR 200 crore ($23.4 million) with only local firms
India Announces Measures to Cut Defence Imports
India plans to strengthen its “Make in India” initiative by building its own military equipment and curbing imports, under its whopping $265.2 billion (INR 20 lakh crore) economic package
German Naval Yards, Lürssen Announce Merger
German Naval Yards Kiel and Lürssen shipyards announced plans to form a joint venture on Thursday. Earlier this week, owners of both shipyards laid the foundation for a final JV agreement
Anduril Rolls Out Pulsar-L Electromagnetic Warfare System for Fast-Deploy Missions
Pakistan Warns Of Imminent Indian Strike After Kashmir Attack Kills 26
_1480683499.jpg)
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...
