Patria Acquires Nordic Drones to Enhance Unmanned Aerial Systems Capabilities

June 13, 2024 @ 12:49 PM

Patria has signed a bill of sale on Thursday to acquire the entire share capital of Nordic Drones Oy, a Finnish drone pilot trainer and manufacturer specializing in professional drones. The value of the acquisition has not been disclosed

Indonesia’s PT Len Industri, Thales Form Joint Venture to Develop Surveillance Radars...

June 4, 2024 @ 06:30 AM

Thales is forming a joint venture with Indonesian defence firm PT Len Industri to collaborate on air surveillance radars, Command & Control systems, and a national Air Operations Centre. A Centre of Excellence, the first of its kind in Indonesia, will be created to meet the air surveillance requirements of the...

Fincantieri Buys Leonardo's Submarine Business for €415M

May 11, 2024 @ 07:59 AM

Italian shipbuilder Fincantieri announced on Thursday the acquisition of Leonardo's Underwater Armament Systems (UAS) for an enterprise value of €415 million. The

Airbus Finalises Acquisition of Flexrotor VTOL UAS Developer ‘Aerovel’

May 8, 2024 @ 05:27 AM

Airbus announced Tuesday that it has finalised the acquisition of U.S

Czech Firm, RSBC Group Acquires Austrian STEYR ARMS

April 25, 2024 @ 06:41 AM

RSBC Investment Group has completed the acquisition of STEYR ARMS, the Austrian firearm manufacturer, on April 23. RSBC Group has acquired 100% ownership of STEYR ARMS from its previous owner, SMH Holding GmbH

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

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

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

AERO Vodochody Acquires Czech Parts Supplier, Technometra

March 11, 2024 @ 04:54 PM

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