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India Closes Bribery Cases Against IAI, Tatra, Hope For AW, Denel, Rheinmetall

December 27, 2013 @ 01:59 PM

India, in the past couple of months, has closed at least two high-profile cases involving bribery and corruption in its defense dealings thus lifting a moratorium placed on several firms over the past decade. One is the long-running investigation into the allegation that the Israeli Aerospace Industries paid kickbacks to Indian...

Textron To Acquire Beech Holdings Under $1.4 Billion Deal

December 27, 2013 @ 09:03 AM

Beechcraft Corporation announced today that Textron Inc. has agreed to acquire its parent, Beech Holdings, LLC

USAF Sign MoU For GSA OASIS Contract

December 20, 2013 @ 08:58 AM

The United States Air Force today signed a Memorandum of Understanding (MoU) with GSA, securing its use of GSA's One Acquisition Solution for Integrated Services (OASIS) and OASIS Small Business contracts for procurement of complex professional services. OASIS is a first-of-its kind contract that will provide the government with a total...

Cisco, Finmeccanica Team Up For Global Defense And Security Market

December 19, 2013 @ 07:58 AM

Cisco and Finmeccanica today announced a new global partner agreement that will combine their complementary technology strengths in the defense and civil industries to create innovative products and systems for the global marketplace. Building on a long-standing and successful relationship between the two companies, the expanded, collaborative alliance combines Finmeccanicas industry...

Rockwell Collins Appoints New Senior Vice President And General Counsel

December 19, 2013 @ 05:11 AM

Rockwell Collins today announced that Robert J. Perna, has been appointed senior vice president and general counsel for the company, effective Jan

Lockheed Martin Appoints New Executive Chairman of the Board

December 17, 2013 @ 07:47 AM

Lockheed Martin has elected Marillyn A. Hewson as a Chairman of the Board, in addition to her responsibilities as President and Chief Executive Officer, effective from Jan

Northrop Grumman Appoints New Chief Executive For Saudi Arabia

December 16, 2013 @ 07:59 AM

Northrop Grumman has announced the appointment of Walid Abukhaled as chief executive Saudi Arabia, effective Jan. 1, 2014

Exelis Mission Systems Launched As Publicly Traded Military And Government Services Company

December 12, 2013 @ 07:13 AM

Exelis today announced a plan to spin-off its military and government services business, currently called Exelis Mission Systems, into an independent public company. This business is currently part of the company's Information and Technical Services segment

EADS Announces Restructuring Plans For Airbus Defence and Space

December 10, 2013 @ 12:05 PM

EADS today presented a restructuring plan for its future Airbus Defence and Space Division to the European Works Council. This presentation follows a decision by the EADS Board of Directors in July this year to consolidate the defence and space businesses of the Group into one new Division and to rebrand EADS into “Airbus Group”

DCI Appoints New Chief Executive Officer

December 10, 2013 @ 07:54 AM

The Défense Conseil Internationals (DCI) board of directors have announced the appointment of Jean-Michel Palagos as Chief Executive Officer. He is succeeding admiral François Dupont, who has reached the statutory age limit and who has been thanked by the board of directors for his actions at the head of the company

EADS Considers Downsizing Defence And Space Operation

December 7, 2013 @ 07:41 AM

EADS is set to announce a draconian restructuring plan on Monday that may include thousands of job cuts and strain relations with shareholders Germany and France. In the line of fire is the company's defence and space operations, both suffering a drop in orders that the company says requires urgent attention

Russian MoD To Form News Agency In 2014

December 5, 2013 @ 12:30 PM

Russias defense ministry plans to create its own news agency next year, a ministry official was quoted as saying by RIA Novosti. The agency will focus mainly on military news but will also address social and political issues, plus high-profile events in Russia and around the world

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