L3Harris Sells Antenna Business for $200M
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
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
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
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
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
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
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
Denmark to Increase 2024-28 Defense Spending by DDK 40.5 Billion ($4.8 Billion)
The government of Denmark plans to raise defense spending by a total of DKK 40.5 billion ($4
Chinese Military Delegation Visits Maldives, Sri Lanka & Nepal
A Chinese People's Liberation Army (PLA) delegation for international military cooperation visited Maldives, Sri Lanka and Nepal from March 4 to 13, announced the Chinese Defense Ministry on Wednesday. During the visits, the Chinese delegation met with the President of Maldives and held talks with the defense authorities of three countries respectively, the PLA announced on its media outlet They exchanged views on mil-to-mil relations and regional security issues of common concern, with a focus on promoting bilateral defense cooperation, and reached a series of consensus
AERO Vodochody Acquires Czech Parts Supplier, Technometra
Czech aircraft maker, AERO Vodochody AEROSPACE has acquired 100% of Technometra Český Brod, one of Aeros major suppliers for the new L-39NG aircraft and also supplies and repairs aggregates for older aircraft manufactured by Aero. The acquisition of Technometra Český Brod was completed on 7 March 2024, when Aero became a 100% shareholder of Technometra
Iran Displays "Gaza" Drone, Other Weapons at DIMDEX 2024
Iran has showcased a range of weapons at the Doha International Maritime Defense Exhibition and Conference (DIMDEX) 2024, including radars, air defense systems, and the ‘Gaza drone. Iranian Defense Minister Brigadier General Mohammad Reza Ashtiani is present at DIMDEX 2024, actively participating in the military exhibition and engaging in discussions with Qatari officials
Singaporean F-16 Fighter Crashes During Take-off, Pilot Hurt
Indonesia Awaits "Accommodating" Conditions to Resume Su-35 Fighter Jet Deal with Russia
Russian Army Receives T-72B3M, T-90M Battle Tanks
U.S. Approves $144M HARM Missile Upgrade Sale to U.A.E.
Russia's Growing Influence in Africa: Arms Sales and Military Bases
Russia's expanding influence in Africa, demonstrated by arms sales, military deployments, and diplomatic engagements, reflects a significant geopolitical shift on...
Development Trends in Unmanned Surface Vessels
Unmanned surface vessels (USVs) have caught the attention of the world following their spectacular success in sinking Russian warships in...
Have Iran-Israel Missile Attacks Enabled Mutual Deterrence?
Iran's April 13-14 missile strike against Israel marks a paradigm shift in Tehran's approach to Israel; from previously relying on...
Free Flight to Russian Hypersonic Missiles as America's Own Hypersonics Program Delayed to 2027
As Russian Aerospace Forces pummeled Ukrainian positions in mid-March 2024 with hypersonic missiles, the Pentagon's own hypersonics program faces delays,...
Counter-trade, Undisclosed Deals May be Masking Russia’s Arms Export Numbers
A Stockholm International Peace Research Institute (SPIRI) report last week reported a steep fall in Russias arms exports- pushed to...
China’s “Moderate” 2024 Defense Budget Hides Frenetic Military Build-up
China on Tuesday revealed a draft defense budget draft for 2024 amounting to 1