News

Japan to Tighten Foreign Investment Rule for Defence, Nuclear Firms

October 4, 2019 @ 08:56 AM

The Japanese government plans to tighten rules for foreign firms investing in Japanese companies in sectors impacting national security such as defence, aerospace and nuclear energy. Foreign exchange laws will be revised to require foreign investors to seek prior approval before obtaining a 1 percent or higher stake in such a company, lowering the threshold from the current 10 percent, the Mainichi reported quoting unnamed government sources
General Atomics to Develop US Military's Hypersonic Glide Body

October 2, 2019 @ 12:05 PM

General Atomics Electromagnetic Systems (GA-EMS) announced today that it has been awarded a contract by the US Armys Rapid Capabilities and Critical Technologies Office (RCCTO) to further the development of the Common Hypersonic Glide Body (CHGB) and Flight Test Vehicle in support of the Army Long Range Hypersonic Weapon (LRHW) and the Navys Intermediate Range Conventional Prompt Strike (IRCPS) Program. The contract award follows work performed by GA-EMS under a previous contract with the U
US Military to get M795 Howitzer Ammo

September 27, 2019 @ 06:19 AM

American Ordnance was awarded a $42 million modification contract for 155mm High Explosive Projectile M795 Insensitive Munitions Explosive (IMX). “American Ordnance LLC, Middletown, Iowa, was awarded a $41
Qatar May Sign Euro 1.5B Deal with Nexter for 490 VBCI Armored

September 18, 2019 @ 12:36 PM

Qatar has reached an agreement with the French company Nexter to buy 490 VBCI armored vehicles worth an estimated Euro 1.5 Billion ($1
Boeing, Safran Invest in Battery Provider for Electric Airplanes

September 18, 2019 @ 08:55 AM

Boeing and European aero-engine maker, Safran yesterday announced a joint investment in Electric Power Systems (EPS), a company offering lightweight energy storage products for electric airplanes. The joint investment will help EPS develop an industrial base to produce aviation-grade energy storage systems at an unprecedented scale
Iranian Drone Display at Russian Airshow May Hold Clue to Attack on...

September 17, 2019 @ 11:21 AM

The display of a stealth drone powered by a turbo-jet engine by Iran Aviation Industries Organization (IAIO) at the MAKS 2019 show in Moscow (August 27-Sept 1) may hold a clue to the Yemeni Houti attack on two Saudi oil refineries last weekend. The Yemeni Houti Army used drones with a new type of engine, “something between a regular and jet engine,” Yemen's Army spokesman, Brigadier General Yahya Saree, said referring to the drone used in attacks on the Abqaiq and Khurais oil refineries
India Test-fires Astra BVR Air-to-Air missile from Su-30MKI Jet

September 17, 2019 @ 10:49 AM

India test-fired Astra Beyond Visual Range Air-to-Air missile equipped on a Su-30MKI fighter jet that took off from an airbase in eastern Indian state of West Bengal, on Tuesday. The Astra missile, which can fly towards its target at a speed of over 5,555 kilometres per hour (4
Northrop To Integrate Joint Tactical Radio Systems on Japanese AEW&C Planes

September 17, 2019 @ 05:39 AM

Northrop Grumman has won a $16.2 million modification contract to integrate Joint Tactical Radio Systems on Japanese airborne early warning and control (AEW&C) aircraft
Cruise Missiles Coming From Iran or Iraq Involved in Saudi Oil Facility...

September 16, 2019 @ 10:34 AM

Cruise Missiles striking with great precision, rather than drone were involved in Saturdays Saudi Oil facility attack, the Pentagon said releasing satellite pictures of the strike. The projectiles attacked storage tanks and processing and compressor trains, the Washington-based Center for Strategic and International Studies said
Leonardo Sells 600 Type 163 Laser Target Designators

September 12, 2019 @ 03:08 PM

Leonardo has sold over 600 units of its Type 163 Laser Target Designator (LTD) to 16 customers, the company announced at DSEI-2019 exhibition in London, UK. The countries to which the designators are sold include Italy, the US, Australia, Canada, New Zealand, Belgium, Denmark, Finland, France, Latvia and the Netherlands

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