Former CEO of United Engine Corporation, Vadim Badekha will take over military and civil aircraft maker, UAC following the resignation of Yuri Slyusar who has been appointed acting governor of the Rostov region. Alexander Grachev, the head of UEC-Klimov, will replace Vadim Badekha as CEO of United Engine Corporation (UEC)
The U.K
Airbus Defence and Space plans to reduce up to 2,500 positions in its workforce by mid-2026 due to ongoing challenges in the defense and space sectors. The company said it will reduce positions, especially in the Space Systems segment, where significant financial charges were recorded in 2023 and 2024
Turkish Aerospace Industries has offered to establish a manufacturing plant for the ANKA unmanned aerial vehicle in Nigeria. The news was stated by the Nigerian Ambassador to Ankara, Ismail Yusuf Abba during his interaction with the press as the guest of the Institute for Strategic Thinking (SDE) International School of Diplomacy...
The U.S
Five years after its creation, the French and German governments today announced that the land systems manufacturer KNDS will change its governance on December 15, 2020, by appointing a new managing director and a chairman. To approach this new stage in the integration of KNDS, to make the company the benchmark European player in land armament, in particular within the framework of the MGCS program (the future heavy tank to eventually replace the Leopard and Leclerc), the two shareholders have appointed the future directors of KNDS, a French MoD release said
Pakistans Federal Investigation Agency (FIA) on Monday registered booked German ex-CEO of Pakistan International Airlines (PIA) for abusing his powers and making illegal appointments. “The FIA Corporate Crime Circle has registered an FIR against German national Bernd Hildenbrand, a former acting CEO of PIA, for allegedly abusing his powers and illegally appointing Austrian national Helmut Bechhofner as a consultant to CEO in October 2016,” said deputy director, FIA, CCC, Karachi, Abdur Rauf
Lockheed Martin appointed Gulf War veteran and pilot James D. Taiclet, 60, as president and CEO of the company, today