Indra Group has signed an agreement with Redeia Corporación to acquire 89.68% of the share capital of Hispasat, a satellite operator and service provider, for €725 million
KNDS and Texelis signed a Memorandum of Understanding (MOU) concerning the proposed acquisition by KNDS France of Texelis' Defense business. Texelis is a French company producing numerous parts and mobility components for the French Army armored vehicles
Navantia UK has
Germany's competition authority, the Bundeskartellamt, has authorized the formation of a joint venture between Rheinmetall AG and Leonardo SpA. The new venture, named Leonardo Rheinmetall Military Vehicles (LRMV), will be based in Rome and focus on delivering military solutions, particularly armored combat vehicles and main battle tanks
Fincantieri has finalized the
Indonesia aims to boost domestic ammunition production by forming a consortium between PT Pindad and PT Dahana to accelerate the construction of a propellant factory. Plans for
Anduril Industries has acquired the Radar and Command and Control divisions of Numerica Corporation, a move that bolsters its air and missile defense solutions. The acquisition integrates Numerica's radar technology and command software into Anduril's Lattice platform, enhancing its mission systems with tracking algorithms, signal processing, and radar systems
Italy has approved the sale of Piaggio Aerospace to Turkish unmanned combat aerial vehicle (UCAV) manufacturer Baykar. Baykar secured the acquisition after outbidding international rivals in a competitive tender process
EDGE and Indra Sistemas have launched a joint venture, PULSE, in Abu Dhabi to boost radar production, innovation, and local capabilities in the UAE. The agreement was signed in the presence of Spains Defense Minister, Margarita Robles
Indras Board of Directors approved the acquisition of a 51.001% majority stake in TESS Defence (TESS) on September 30
Leonardo and Rheinmetall have formed a joint venture to develop a new main battle tank and a variant of the Lynx infantry fighting vehicle for the Italian Army. The announcement was made today, following the signing of a Memorandum of Understanding (MoU) in July 2024 in Rome
European defense consortium KNDS has established a subsidiary in Kyiv under the name KNDS Ukraine LLC. The new entity aims to strengthen collaboration with Ukrainian government institutions, the domestic defense industry, and support Ukrainian Armed Forces capabilities