Safran-MTU Joint Venture to Develop Engines for Future European Military Helicopters
Safran Helicopter Engines and MTU Aero Engines have signed a cooperation agreement to establish a 50/50 joint venture named EURA (European Military Rotorcraft Engine Alliance). This new entity, which aims to develop engines for military helicopters, will be based at Safran Helicopter Engines headquarters in Bordes, France
Patria Acquires Nordic Drones to Enhance Unmanned Aerial Systems Capabilities
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...
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
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’
Airbus announced Tuesday that it has finalised the acquisition of U.S
Czech Firm, RSBC Group Acquires Austrian STEYR ARMS
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
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
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
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
U.S. Navy Declares Operational Readiness for Next Generation Jammer Mid-Band
China Launches Shijian-25 Satellite to Test Orbital Refueling Technologies
U.S., Partner Forces Conclude Week-long Anti-ISIS Operations In Iraq & Syria
Taiwan's Indigenously-built Submarine Submerged & Surfaced in Harbor Trials
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