Women Fighter Pilots For IAF From Next Year

October 24, 2015 @ 01:31 PM

The Indian Ministry of Defence has approved women as fighter pilots who will be inducted into the combat stream of the Indian Air Force from next year. Since their induction into the transport and Helicopter streams of the IAF, the womens performance has been ‘praiseworthy and on a par with their...

Saab Dissolves Security and Defence Solutions Biz

October 23, 2015 @ 12:16 PM

Saab today announced the dissolution of its Security and Defence Solutions unit as part of a restructuring of its business units starting January 2016. A company statement said that Saab expects organic sales growth in 2015

CAE Acquires Bombardier’s Canadian Military Aviation Training Base

October 2, 2015 @ 12:11 PM

CAE has closed the acquisition of Bombardier's Military Aviation Training business for Canadian $19.8 million

Subversive Capital Acquires AeroVironment's CybAero Holding

September 17, 2015 @ 09:14 AM

Subversive Capital has acquired the remainder of AeroVironment's CybAero holding. "We are delighted that Subversive Capital decided to become a major shareholder of CybAero and we look forward to working closely with them," said CybAero CEO Mikael Hult in a statement Thrusday

Singapore Appoints Major-General Perry Lim Cheng Yeow As New Chief Of Defense...

July 31, 2015 @ 02:48 PM

Singapore has appointed Major-General Perry Lim Cheng Yeow, Chief of Army as a new chief of Defense Forces. From 18th August, MG Lim will succeed Lieutenant-General (LG) Ng Chee Meng, the Singapore Defense Forces announced Today

Nexter Systems and Krauss‐Maffei Wegmann (KMW) merger agreement signed

July 29, 2015 @ 07:34 PM

Nexter Systems and Krauss‐Maffei Wegmann today signed an agreement to merge into a Franco‐German defence technology group with a 2 billion euro turnover, 9 billion euro order book and over 6,000 employees. Nexter and its owners view this step as decisive for the consolidation of the defence technology industry in Europe

Indian MoD Gets New Top Bureaucrats

May 23, 2015 @ 10:52 AM

The Appointments Committee of the Indian Cabinet (ACC) has approved on Friday the appointment of Senior IAS officer G Mohan Kumar as new Defence Secretary for a two-year term and Ashok Kumar Gupta as the new secretary of defence production. G

Turkey's Havelsan To Acquire US Based Quantum3D

May 5, 2015 @ 10:27 AM

Turkey's Havelsan will acquire flight simulation assets of Quantum3D that has US government units and civil companies as its customers, in order to increase simulation and training abilities. The deal with Quantum3D will likely to be finalized this year and its products will continue to be sold under the Quantum3D brand name like before, various media reported last week

Indian Ordnance Factory Board Corporatization Plan Gathers Pace

March 14, 2015 @ 11:43 AM

Indian Ordnance Factory Board (OFB), the collection of government owned factories which manufactures ammunition, weapons and vehicles, could be turned into one or more corporate entities. The move is expected to ensure better accountability, higher production and profitability

Mahindra To Buy 30% Stake In Pipavav Defense

February 11, 2015 @ 12:20 PM

Indias Mahindra group is planning to acquire 30% stake in Pipavav Defense as it plans to make a foray into defense sector. Pipavav is Indias largest shipyard in the private sector

Harris Corp Acquires Exelis For $4.75 Billion

February 6, 2015 @ 12:26 PM

Harris Corporation will acquire Exelis for an approximate $4.75 billion at $23

KMW Acquires Diehl Defence Land Systems

December 19, 2014 @ 10:53 AM

Krauss-Maffei Wegmann (KMW) has acquired Diehl Defence Land System from Diehl Defense under a contract announced on December 17. However, the contract is subject to approval by the antitrust authorities