Baykar Acquires Italian Aviation Firm Piaggio Aerospace
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, Indra Form Joint Venture to Develop Radar Systems in Abu Dhabi
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
Indra Acquires Spanish Land Vehicles Maker, TESS Defence
Indras Board of Directors approved the acquisition of a 51.001% majority stake in TESS Defence (TESS) on September 30
Leonardo, Rheinmetall Launch Joint Venture to Develop New Italian Battle Tank, Lynx...
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 KNDS Opens Subsidiary in Ukraine
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
Diehl Defence & TAUBER Holding Establish JV to Help in Ammunition Stockpiling
Diehl Defence and TAUBER Holding have set up a 50:50 joint venture ‚ ‘TD Services GmbH‘ to serve the expansion of capacities in the fields of ammunition disposal, logistics and inventory management in Germany. While Diehl Defence is a leading supplier of air defence systems, missiles and various other military effectors, TAUBER offers a whole range of capabilities including explosive ordnance detection, ordnance removing and deactivation as well as the storage and disposal of explosive ordnance
Indonesia Donates, Weapons, Ammunition to Cambodian Army's Special Forces
Indonesia has donated and unspecified number of weapons and ammunition to the special forces of the Cambodian armed forces which were flown aboard a C-130 Hercules aircraft. The handover ceremony was led by Air Vice-Marshal H
Lockheed Martin to Acquire Satellite Solutions Provider, Terran Orbital for $450 million
Lockheed Martin today signed an agreement to acquire Terran Orbital, a provider of satellite-based solutions to the aerospace and defense industries. Terran Orbital is specialized in robotic manufacturing capacity and modular space vehicle designs
Rheinmetall to Acquire Majority Stake in South African Resonant Holdings
Rheinmetall AG has signed an agreement with Resonant Holdings (Pty) Ltd, to acquire a majority stake in the South Africa based company. The agreement will see Rheinmetall Waffe Munition GmbH, a subsidiary of Rheinmetall, taking a 51% share in the newly established joint venture, Rheinmetall Resonant South Africa
Leonardo, Rheinmetall in JV for Italian Tank, Lynx Infantry Vehicle
Leonardo and Rheinmetall have signed an MoU to form a 50:50 joint venture for developing and commercializing new land defense systems, including a Main Battle Tank and the Lynx Platform for the Italian Army. In particular, the future joint venture - headquartered in Italy - will be the Lead System Integrator, prime-contractor and system integrator, in both the Italian programs (MBT and AICS) and will define the roadmap for the participation in the future European Main Ground Combat System (MGCS)
John Cockerill Defense Buys French Military Vehicles Supplier ‘Arquus’
John Cockerill Defense announced Tuesday the conclusion of the acquisition process of Volvo Groups Arquus, the French supplier of military vehicles. The conclusion of the operation comes as France and Belgium recently signed a Memorandum of Understanding to support and oversee this alliance, with both states each entering at 10% in the capital of John Cockerill Defense
Boeing Acquires Spirit AeroSystems for $8.3B, Airbus to Take Over its Manufacturing...
Video Boeing today announced a definitive agreement to acquire Spirit AeroSystems, a key supplier of sub-assemblies for both Boeing and Airbus
Raytheon Awarded $946M to Supply Romania with Additional Patriot Systems
South Korea Unveils AI-Powered Surveillance System for Army Border Security
Over 100 Israeli Troops Raid Iranian-backed Missile Factory in Syria
U.S. Approves Saudi Purchase of MK 54 Lightweight Torpedoes
Russian Su-57 and Chinese J-20 as Alternatives to the American F-35 Stealth Fighter
As the Russian Su-57 stealth fighter jet enters serial production, the debate over how it stacks up against the American...
NATO’s Intensified Exercises a Prep to Attack Russia?
Recent NATO exercises such as the BALTOPS-24, Steadfast Defender 2024 and its first-ever Basic Fighter Maneuvers exercise have been its...
Precision in the Skies: The Evolution of Loitering Munitions
Loitering munitions - drones that hover over a target and blow up near it - have become the weapon of...
Is the Patriot Air Defense System Outdated?
After Israel revealed its decision to decommission its U