Russian Military Base May Appear in Central African Republic

April 20, 2024 @ 06:05 AM

The Central African Republic (CAR) is considering deploying a Russian military base in the eastern region to enhance border security in that area. In an interview with RTVI, President Faustin-Archange Touadera expressed interest in potentially establishing a Russian military base in the eastern region of his country to bolster border security...

Australia Planning A$36B-A$44B Investment into Landing Craft, HIMARS, Helicopters

April 19, 2024 @ 06:50 AM

Australias defense ministry is planning to invest between A$36-44 billion in acquiring landing craft, HIMARS missile systems, and helicopters for its military. This spending will enable the Army to impede a potential adversary's freedom of action, aligning with the goals outlined in the National Defense Strategy released on April 17

Argentina to Join NATO as Global Partner

April 19, 2024 @ 06:15 AM

Argentinas Minister of Defense, Luis Petri, met with NATO's Deputy Secretary General Mircea Geoana at NATO headquarters in Brussels on Thursday to formally initiate the process of joining the alliance as a global partner. During the meeting, Argentina presented a letter of intent to begin the process of incorporating the country...

Australia to Invest $80B Over Next Decade to Boost Navy Capability

April 18, 2024 @ 03:45 AM

Australia plans to invest more than $80 billion to enhance its Navy with nuclear-powered submarines, upgraded subsea warfare capabilities, an expanded surface combatant fleet, and advanced missile systems over the next decade. Canberra is earmarking between $53 billion and $63 billion over the next decade to fortify its Navy's capabilities, focusing...

Defense Department Sets Record $80B in Sales Amidst Ukraine Conflict

April 10, 2024 @ 09:50 AM

The Defense Department set a record for sales of military equipment and hardware in fiscal year 2023, with the U.S

L3Harris Sells Antenna Business for $200M

April 8, 2024 @ 01:12 PM

L3Harris Technologies has signed an agreement under which an affiliate of Kanders & Company, Inc. will acquire its antenna and related businesses for $200 million

Shield AI to Acquire Australia-Based Sentient Vision Systems

April 5, 2024 @ 06:10 AM

Shield AI has announced its intent to acquire Sentient Vision Systems (Sentient), an Australia-based firm specializing in AI-enabled real-time situational awareness. The companies will merge their AI expertise and operational understanding to deliver intelligence, surveillance, and reconnaissance (ISR) capabilities

Austal Confirms Receipt of Conditional Acquisition Proposal from Hanwha Ocean

April 2, 2024 @ 09:19 AM

Austal Limited confirmed on April 1, that it received an unsolicited, conditional, and non-binding indicative proposal from Hanwha Ocean Co., Ltd

Indian Defense Exports Touch $2.63B in Fiscal 2024

April 2, 2024 @ 05:19 AM

Indian defense exports have surged to a record INR 21,083 crore (approximately $ 2.63 billion) in the Financial Year 2023-24, marking a growth of 32

Airbus to Acquire German Cybersecurity Company INFODAS

March 25, 2024 @ 12:00 PM

Airbus Defence and Space has confirmed its agreement to acquire INFODAS, a German company specializing in cybersecurity and IT solutions for the public sector, including defense and critical infrastructures. The acquisition is pending customary regulatory approvals and is expected to be completed by the end of 2024

Boeing Eyes Cutting Airbus Ties in Spirit AeroSystems Talks

March 20, 2024 @ 11:43 AM

Boeing is considering reducing Spirit AeroSystems' links to its competitor Airbus amid complications in Boeing's bid to reclaim its former subsidiary. This decision, first reported by

Airbus Ends Acquisition Bid of ATOS' Big Data and Security Business

March 20, 2024 @ 04:28 AM

Airbus has decided to halt discussions with Atos regarding the potential acquisition of its Big Data and Security (BDS) business line, dealing a blow to Atos's efforts to overcome financial hurdles. The