Nexter Systems and Krauss-Maffei Wegmann (KMW) have closed the initial merger phase under a Dutch incorporated holding company. Two of the European manufacturers of military land systems based in France and Germany will operate jointly under the umbrella of a holding company under Dutch law with headquarters in Amsterdam, the companies said in a statement Tuesday
ThyssenKrupp (TKMS) has offered to buy Australian shipbuilder ASC to create a Pacific advanced manufacturing hub to build, maintain and export combat boats to Australia's regional allies. TKMS says it is prepared to take over ASC, formerly known as the Australian Submarine Corporation, in order to "replicate" its German shipbuilding operations in Australia, Financial Review news daily reported Sunday
Airbus Helicopters has delivered the final two H135 training helicopters to the Japan Maritime Self-Defense Force (JMSDF). The TH-135 is a variant of Airbus Helicopters light twin-engine H135
Russian Helicopters has delivered a batch of five military transport Mi-171Sh helicopters to Bangladesh's Ministry of Defence. In addition to regular cargo transportation operations and border security provision, the new Mi-171Sh will be used in UN humanitarian missions and in regions facing complex crime problems, the company said in a press release last Friday
Philippines House of Representatives has scrapped a P10 billion (US $580 million) proposed allocation for procurement of more fighter planes for the nations air force (PAF). “The house conferees did not accept their senate counterparts recommendation as it would have taken P8 billion (US $464 million) from funds allocated for conditional cash transfers (CCT) to poor families,” Davao City Rep
Lockheed Martin has won $1.1 billion contract to provide Patriot anti-ballistic missile interceptors for South Korea, Saudi Arabia and Qatar
Indian Defense Minister witnessed the first run of indigenously designed and developed aero engine Hindustan Turbo Fan Engine – HTFE 25 for trainer aircraft and helicopters. Defense Minister Manohar Parrikar also launched the design and development project of Hindustan Turbo Shaft Engine (HTSE-1200) used for light utility helicopters (Dhruv) at Hindustan Aeronautics (HAL)s Engine Division Monday
BAE has won a £13.5m contract to supply 60 new Pacific 24 Rigid Inflatable Boats (RIBs) to the UK navy
Russian Helicopters will supply required equipment and training and technical assistance in repairing Mi-8T and Mi-17-1V helicopters with the Egyptian Air Force. The company will retrofit the existing maintenance and repair facility at the plant in Helwan and offer technical assistance in the repair of the choppers, the company said in a statement last Friday
Saudi Arabia today announced a 34-state Islamic military coalition to combat terrorism with a joint operations center based in Riyadh. According to an official statement published by the Saudi news agency,"the countries here mentioned have decided on the formation of a military alliance led by Saudi Arabia to fight terrorism