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Belgium’s John Cockerill to Acquire French Military Vehicle Supplier Arquus

January 17, 2024 @ 02:50 PM

John Cockerill, a supplier of light tank turrets and simulation systems, has entered an exclusive agreement with the Volvo Group to acquire Arquus, Frances primary military vehicle supplier. The

Airbus Helicopters to Acquire VTOL UAV Manufacturer, Aerovel

January 16, 2024 @ 09:47 AM

Airbus Helicopters and Aerovel have inked an agreement for Airbus to acquire Aerovel and its unmanned aerial system (UAS), Flexrotor. The move is part of Airbus' strategic plan to bolster its portfolio of tactical unmanned solutions

Diehl Defence Acquires Precision Parts Manufacturer ‘Allweier’

December 23, 2023 @ 06:21 AM

Germany's Diehl Defence officially announced its acquisition of Allweier, a precision parts manufacturer based in Überlingen. The company said it will take over Allweier on January 1, 2024

Ukraine’s Ukroboronprom, German Rheinmetall Establish Joint Venture 'RHEINMETALL UDI'

October 25, 2023 @ 07:15 AM

Ukraine's Defense Industry (UDI), formerly known as Ukroboronprom, has entered into a significant joint venture with Germany's Rheinmetall AG, resulting in the establishment of "Rheinmetall Ukrainian Defense Industry LLC" to jointly maintain and produce military equipment. This partnership was officially registered on October 18, 2023, and Ukraine's Prime Minister, Denys Shmyhal,...

Thales Closes Deal to Buy Australian Cybersecurity Firm, Tesserent

October 5, 2023 @ 10:54 AM

Thales has completed its acquisition of Tesserent, a cybersecurity firm based in Australia. The acquisition, initially announced in June 2023, has solidified Thales's position in the cybersecurity sector, furthering its commitment to enhancing global cyber defenses

Safran Acquires Thales’ Aeronautical Electrical Systems Business

October 3, 2023 @ 06:01 AM

Safran Electrical & Power has completed buying Thales' business that makes electrical systems for planes, including power conversion, generation, and motors for both civilian and military aircraft. This buyout follows exclusive negotiations announced in September 2022

Germany's Federal Cartel Office Clears Rheinmetall-Ukrainian Defence Industry Joint Venture in Kyiv

September 29, 2023 @ 06:03 AM

Germanys Federal Cartel Office, Bundeskartellamt, cleared the way for establishing a joint venture between Rheinmetall Landsysteme GmbH and Ukrainian Defence Industry group (UDI), the former Ukroboronprom, on Thursday. Authorization from other relevant agencies has already been applied for and is expected to come shortly

French Photonis Group Renamed to Exosens

September 21, 2023 @ 08:54 AM

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 the particle detection markets

AeroVironment Completes Acquisition of Tomahawk Robotics

September 19, 2023 @ 07:00 AM

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”

September 1, 2023 @ 10:11 AM

Saab has completed acquisition of U.K

AeroVironment to Acquire Tomahawk Robotics

August 23, 2023 @ 04:42 AM

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

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