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Kalashnikov Rifle Manufacturing in India Going as Planned, Delayed in Venezuela

May 27, 2022 @ 12:00 PM

Plans to manufacture the Kalashnikov rifles in India is going as per plan but is hit by delays in Venezuela, Vladimir Lepin, general director of the company was quoted as saying in a report by

Lockheed Martin Scraps $4.4B Agreement to Acquire Aerojet Rocketdyne

February 14, 2022 @ 04:14 AM

Lockheed Martin today announced it has terminated its agreement to acquire rocket engine maker Aerojet Rocketdyne Holdings, Inc. for $4

UAC Shareholders Approve Sukhoi, MiG Merger

January 21, 2022 @ 06:54 AM

Shareholders of the Russian state-owned United Aircraft Corporation (UAC) approved the merger of two subsidiary aircraft manufacturing companies, JSC Sukhoi Company and JSC RAC MiG, into UAC. The majority of shareholders voted for the reorganization of UAC in the form of joining Sukhoi and MiG to it during an extraordinary meeting...

Leonardo Acquires 25.1% Shares in HENSOLDT for €606M

January 5, 2022 @ 12:24 PM

Leonardo completed the acquisition of 25.1% of the shares in HENSOLDT AG, a leading German player in the field of sensors for defence and security applications, with an expanding portfolio in sensors, data management and robotics, for a cash consideration of €606 million

Thales Acquires Moog Ground-Based Navigation Aids Business

December 7, 2021 @ 11:08 AM

Thales announced today it acquired the Moog ground-based navigation aids business located in Salt Lake City, Utah. The acquisition was completed after Thales received the required regulatory approvals in October 2021

UAC Announces Merger with Sukhoi, MiG

December 2, 2021 @ 10:39 AM

Russias United Aircraft Corporation (UAC) announced today that it had merged with the Sukhoi aircraft manufacturer and the MiG aerospace firm. UAC Board of Directors approved the merger of the three companies on November 30

Rheinmetall to Buy Over 25% Stake in Hungary’s 4iG Nyrt Company

November 26, 2021 @ 03:11 AM

Rheinmetall signed a letter of intent with Hungarian IT company 4iG Nyrt with an intention to buy 25.1% stake

Rheinmetall Acquires German Drone Manufacturer EMT

November 23, 2021 @ 10:07 AM

Rheinmetall is taking over the activities of EMT, a well-known German unmanned aerial vehicle maker. The Group intends to maintain the company's four locations in Bavaria and Schleswig-Holstein and to integrate the current staff into the Rheinmetall workforce

BAE Systems Plans to Acquire Bohemia Interactive Simulations

November 12, 2021 @ 08:40 AM

BAE Systems said it has entered into a definitive agreement to acquire Bohemia Interactive Simulations (BISim), a global software developer of simulation training solutions for military organizations. Over the coming months, the company will undertake the customary regulatory and pre-closing activities necessary to complete this type of international transaction

IMCO Group Acquires Israeli Drone Maker ‘Innocon’

September 23, 2021 @ 12:39 PM

IMCO Group has acquired Innocon Ltd., a company that manufactures Micro, Mini and Tactical unmanned aerial systems (UAS) as well as mission systems for manned light airplanes

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