Top 10 U.S. Defense Firms Receive Contracts Worth $150B in 2022
The Department of Defense Office of Local Defense Community Cooperation stated in its Fiscal Year 2022 Defense Spending by State report today that the top 10 defense firms secured U.S
French Photonis Group Renamed to Exosens
French firm, PHOTONIS GROUP, which specializes in differentiated technology for detection, imaging, and lighting, is currently undergoing a corporate rebranding initiative and will henceforth be known as Exosens. The company, under the ownership of Groupe HLD since 2021, is undergoing a profound transformation by venturing into adjacent technologies and expanding into...
AeroVironment Completes Acquisition of Tomahawk Robotics
AeroVironment has completed its acquisition of Tomahawk Robotics, a company dealing with AI-enabled robotic control and integrated communications systems. AeroVironment signed a definitive agreement to purchase Tomahawk Robotics in August for a total purchase price of $120 million to be paid in a mix of cash and stock
Saab Acquires AI-enabled Autonomous Swarm Systems Provider “BlueBear”
Saab has completed acquisition of U.K
Pakistan, Turkey, Saudi Arabia Hold First Tripartite Defense Cooperation Meeting
The Saudi-Turkish-Pakistani Tripartite Committee held its first meeting in
AeroVironment to Acquire Tomahawk Robotics
AeroVironment said it is planning to acquire Tomahawk Robotics, a company that deals with AI-enabled robotic control systems. “The acquisition will enable deeper integration of both companies technology, leading to enhanced interoperability and interconnectivity of unmanned systems through a singular platform with similar control features
Rooboronexport Signs Export Contracts Worth $600 Million at Army 2023
Russias Rosoboronexport signed contracts worth $600 million with several foreign customers at the Army 2023 event in Moscow. It reached agreements on the joint production of Kalashnikov assault rifles, armored vehicles, guided missiles on the territory of customers, besides the installation of Russia-made combat modules of various calibers on the chassis of (land vehicles) of our partners, said Alexander Mikheev, CEO of Rosoboronexport in a statement
BAE Systems to Acquire Ball Aerospace for $5.55B
BAE Systems planned acquisition of Ball Aerospace for $5.55 billion is expected to boost its position across a range of activities, notably the
Brazilian and Saudi Defense Companies Eye Joint Ventures, Technology Transfers
Brazilian industry association FIESP said several Brazilian and Saudi defense companies have signed agreements that could lead to joint ventures and technology-sharing agreements. The Saudi businesses involved in the potential effort are Scopa Defense and Alqahtani Holding, and the Brazilian firms are weapon manufacturer Taurus, rocket and missile maker Avibras, aircraft battery producer Ocellott, and aviation specialist Avionics Services,
Under Shadow of Ukraine War, Rosoboronexport to Display 'Battle-Tested' Weapons at ARMY-2023
A range of “battle-tested” weapons will be showcased by Russias Rosoboronexport at the upcoming VIII Army 2023 International Military-Technical Forum to be held from August 14-20 at the Patriot Exhibition and Convention Center. The company has allocated a dedicated section at its stand for weapons that have been “successful” against Western weapons, probably hinting at their performance in the Ukraine war
Pakistan Aerospace Park, Turkish Drone-maker Baykar Sign Cooperation Agreement
Pakistans National Aerospace Science and Technology Park (NASTP), which was officially opened on August 4 signed a cooperation agreement with Turkish Drone maker, Baykar for R & D. With the R&D studies that Baykar will carry out within NASTP, the foundation of the comprehensive cooperation to be carried out in the future has been laid
Rheinmetall Completes Acquisition of Spain’s Expal Systems
Rheinmetall AG said it has completed its takeover of all shares in Expal Systems S.A
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