Lockheed Martin has entered into a definitive agreement to acquire Industrial Defender, a provider of cyber security solutions for control systems in the oil and gas, utility and chemical industries. Subject to the satisfaction of customary closing conditions, the acquisition is expected to close within 30 days
Brazilian Defense Minister Celso Amorim on Wednesday announced plans to build the countrys first aircraft carrier to replace its aging models as part of a modernization program. The program has included orders for submarines, helicopters and supersonic aircraft via technology transfer agreements with the proviso that the hardware is made in Brazil
Exelis announced today that a registration statement on Form 10 was filed with the US Securities and Exchange Commission (SEC) for the planned spinoff of its current Mission Systems business. The form filling has named "Exelis MSCO Inc
The Indian embassys network systems in Moscow were hacked to launch a cyber attack on Russian arms exporting agency, Rosoboronexport, if a claim by group calling itself the ‘Russian Cyber Command (RCC) is to be believed. The attack was launched earlier this week to steal some 1000 documents concerning Rosoboronexports dealings with India and other countries which import arms from Russia
A nation from the MENA region has placed a €83 million follow-on order from Rheinmetall for Skyguard fire units to expand its existing array of Oerlikon Skyguard air defence systems. The existing basic contract, plus previous expansions, already accounts for sales volume of €582 million, meaning that the new order brings the total – including services and spare parts – to €665 million for this country
Saab has signed a contract estimated $12 million to supply the RBS 70 VSHORAD (very short range air defence system) to the Brazilian Army. The order comprises deliveries of man-portable launchers, missiles and associated equipment
The Norwegian military yesterday took delivery of first upgraded CV9030 armoured vehicle from BAE Systems under a $750 million contract signed in June 2012. The new upgraded-version vehicle fleet has significantly enhanced protection, survivability, situational awareness and interoperability, incorporating lessons learned from Norwegian, Swedish and Danish operations in Afghanistan with CV90
Thales revealed their annual result for the year 2013, stating the order intake has increased about 7% from the previous year totally valued $14.17 billion
Serge Dassault, who heads Dassault Aviation, was taken into custody Wednesday for allegedly buying votes in Corbeil-Essonnes where he was formerly mayor. Dassault in 1998 received a two-year suspended prison sentence in Belgium for bribing members of the Socialist Party to win a helicopter deal
Michael Baker International has been awarded contracts worth total $838 million to support Iraq's purchase of F-16 Fighting Falcon aircraft under the US foreign military sales (FMS) programme. Under the contracts, the company will provide design, engineering, construction, and other services to support the deployment of the aircraft at Balad Air Base, Iraq, over the next three years