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,...
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...
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
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 Indonesian Air Force, enhancing airspace protection capabilities
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
Belgium to Purchase 300 Piorun MANPADS from Polish Firm, MESCO
Saudi Arabia Eyes F-35 Jets as Trump Seeks $1 Trillion Investment During...
Ahead of Trump's Visit, U.A.E. Approved to Buy Chinook Helicopters Worth $1.32B...
As War Clouds Recede, India Lifts Civilian Aircraft Ban on 32 Airports
The Future of Combat: Miniaturized Laser Weapons Set to Replace Bullets and Missiles
Lasers may soon replace bullets, and drones could disable enemy UAVs with beams of light instead of missiles
Four-legged Robots Vs. Military Dogs
Four legged robots that resemble dogs are increasingly being seen in war zones and exercises for functions such as reconnaissance...
Lockheed Martin Faces Billions in F-35 Cuts Under U.S. Policy Shift
Americas policy of controlling F-35 usage, spares, and maintenance—combined with President Donald Trumps threats of trade wars with Europe, halted...
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...
