Finmeccanica Shareholders Approve Name Change To Leonardo

April 29, 2016 @ 10:26 AM

Finmeccanica announced Thursday that the company is changing its name to ‘Leonardo S.p

Embraer Consolidates Two Business Operations

March 2, 2016 @ 01:32 PM

Embraer Defense & Security will consolidate the operations of two of its subsidiaries, Savis Tecnologias e Sistemas S.A

New President and CEO Appointed To Boeing Defense, Space and Security Business

February 25, 2016 @ 08:01 AM

The Boeing board of directors has elected Leanne Caret as a president and chief executive officer of the company's Defense, Space & Security business effective March 1. She will succeed Chris Chadwick, who has announced his retirement from the company

Boeing Board of Directors Elects New Chairman

February 23, 2016 @ 07:08 AM

The Boeing board of directors has elected Dennis A. Muilenburg as its next chairman, effective March 1

Kalyani, Israeli Rafael Enter JV To Bid For Indian BMP II Upgrade...

February 10, 2016 @ 10:41 AM

Bharat Forge subsidary, Kalyani Strategic Systems has entered into a joint venture with Israels Rafael Advanced Defense Systems to bid for defence programmes in India, including infantry combat vehicle BMP II upgrade. The joint venture company Kalyani Rafael Advanced Systems will look to address programmes in relation to BMP II upgrade,...

China’s Five Military Commands To Have Own Army, Air Force

February 4, 2016 @ 09:29 AM

Chinas newly formed five military commands are expected to have their own army and air force, while naval forces are not likely to be deployed by all five commands. China has established five military theatre commands and have disclosed the location of their army headquarters,

Lockheed Martin Unlocks $5 Billion By Combining Information Systems Segment With Leidos

January 27, 2016 @ 08:35 AM

Lockheed Martin is unlocking $5 billion in value by entering into an agreement to separate the Information Systems & Global Solutions (IS&GS) segment and combine it with Leidos Holdings to concentrate on Aerospace and Defense business. The Corporation intends to use to repay debt, pay dividends, and/or repurchase its stock

China Sets Up New Strategic Support Force To Safeguard National Security

January 19, 2016 @ 02:09 PM

China has set up a new Strategic Support Force (SSF) in waging special operations and information warfare. the structure of the newly-created force and the national security tasks it is set to tackle

Elbit To Wind Up Brazilian JV 'Harpia Sistemas'

January 7, 2016 @ 02:40 PM

Elbit Systems will wind up the activities of its joint venture with Brazilian Embraer, ‘Harpia. The JV was formed in September 2011 in order to explore the unmanned aerial vehicles market

Reliance Buys Saab’s Stake In Pipavav Shipyard

January 1, 2016 @ 09:49 AM

Reliance Defense Systems has bought Saabs (approximately 3.3 per cent) stake in Indias Pipavav Defense and Offshore

Rolls Royce to End Aerospace And Land & Sea Div As Part...

December 16, 2015 @ 02:57 PM

Rolls Royce will end Aerospace and Land and Sea (ALS) division as part of their management restructuring to reduce costs. Rolls Royce will be removing a layer of senior management in the ALS division

Lockheed Martin To Close Sikorsky Acquisition Nov 6

November 4, 2015 @ 09:01 AM

Lockheed Martin anticipates closing the acquisition on Friday, Nov 6. Lockheed Martin has received the final regulatory approval needed to close its acquisition of Sikorsky Aircraft