Boeing in Talks to Acquire Spirit AeroSystems
Boeing has officially confirmed ongoing discussions regarding the potential acquisition of Spirit AeroSystems. The collaboration aims to strengthen the manufacturing operations of both companies, with Boeing expressing confidence that the reintegration could enhance aviation safety and overall product quality
U.A.E.’s EDGE Group, Italy’s Fincantieri Announce €30B Joint Venture for Naval Manufacturing...
EDGE Group and Fincantieri have officially entered into a term sheet to establish a joint venture (JV) with a focus on manufacturing naval vessels. The term sheet formalization took place at Palazzo Marina in Rome, Italy, on Wednesday in the presence of key officials from both organizations and high-ranking military figures...
BAE Systems Acquires Malloy Aeronautics to Expand Uncrewed Aerial Systems Portfolio
BAE Systems has finalized the acquisition of Malloy Aeronautics, a company specializing in heavy lift drone and aeronautical technologies. This move is part of BAE Systems' broader strategy to invest in technologies and augment its capabilities in the uncrewed aerial systems (UAS) sector
Rheinmetall Acquires Majority Stake in Romanian Vehicle Maker, Automecanica Medias
Rheinmetall is set to acquire a 72.5% majority holding in Automecanica Mediaș, a Romanian vehicle maker, as part of its ongoing expansion in Central Europe
Airbus U.S. Purchases its 50% share of the Airbus OneWeb Satellites Joint...
Airbus U.S
Belgium’s John Cockerill to Acquire French Military Vehicle Supplier Arquus
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
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’
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
U.A.E.'s EDGE Group Acquires Majority Share in Autonomous Air Systems Developer Swiss...
U.A
Ukraine’s Ukroboronprom, German Rheinmetall Establish Joint Venture 'RHEINMETALL UDI'
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, made the announcement during the German-Ukrainian Business Forum in Berlin, where Germany's Federal Chancellor, Olaf Scholz, was also present
Thales Closes Deal to Buy Australian Cybersecurity Firm, Tesserent
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
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
Truck Carrying Patriot Air Defense System Overturns in Taiwan, 2 Hurt
Rafale Jet to Detect Targets 100 Times Faster with New AI-Infused Talios
Russia’s Nuclear Weapons Testing Ground Ready to Resume Tests After 34 years
World Central Kitchen Confirms Israeli Strike on Workers
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
Russia's Growing Influence in Africa: Arms Sales and Military Bases
Russia's expanding influence in Africa, demonstrated by arms sales, military deployments, and diplomatic engagements, reflects a significant geopolitical shift on...