Italian shipbuilder Fincantieri will take control of France's STX shipyard to create one of the largest naval shipbuilding companies in the world. The Italian and French governments struck a deal in Lyon yesterday to end a dispute between the two countries after France had unexpectedly blocked a takeover of the STX shipyard by Fincantieri this summer, citing job and strategic concerns, AFP reported
The US Forces in Korea (USFK) have transported four additional THAAD rocket launchers into its new base in Seongju despite fierce protests by local residents. The South Korean defense ministry has announced that the deployment has been completed in a ‘tentative step to counter urgent threats posed by North Korea,
MBDA has signed a Memorandum of Understanding (MoU) with Romanian defence group Romarm and its subsidiary Electromecanica Ploiesti that permits them to define and present the best French proposal for tactical missile systems. The MoU was signed in response to the operational requirements of the Romanian Armed Forces for land based air defence systems
The new engine of Russias fifth generation fighter jet Sukhoi-57 is scheduled to begin flight tests by this year end, local media reports. The engine for the Su-57, developed under the Prospective Airborne Complex of Frontline Aviation program (known by Russian acronym PAK FA), will be tested on board a flying lab in the fourth quarter of 2017, a United Engine Corportation (UEC) spokesperson told
Frances Finance Minister Bruno Le Maire has offered to expand shipbuilding cooperation with Italy into naval vessels to renegotiate STX France shipyard ownership deal. Le Maire said in an interview published on Sunday by Le Journal du Dimanche that he will open renegotiations in Rome on August 1, Reuters reports
Frand and Germany plan to come up with a roadmap for joint development of a new European fighter jet and replacement of the existing fleet by mid-2018. "Today there are too many European standards and qualifications and sometimes there is competition among Europeans internationally," French President Emmanuel Macron was quoted as saying by Reuters during a news conference along with German Chancellor Angela Merkel Friday
Hacking attacks blamed on a Russian cyber intelligence unit failed at disrupting the campaign of French President-elect Emmanuel Macron, claims an article in the
Russias next generation early radar warning aircraft, Beriyev A-100 Premier “flying radar”, will begin testing this July. "The Beriyev R & D Group in Taganrog (Russian acronym TANTK) is one of the parties engaged in the development of the early radar warning complex," Russian Deputy Minister of Defense Yuri Borisov told TASS Thursday after a tour of the production facility
Thales has won a 74 million Euros contract to modernize Master radars over a period of 60 months for Swiss Air Force as part of the FLORAKO program. This contract will be the main order within the broader FLORAKO radars life extension project approved by the Swiss government in 2016, the company announced Wednesday
Turkey's state-owned Machines and Chemical Industries Board (MKEK) has delivered first 500 locally produced assault rifle MPT-76 to the Turkish Land Forces Command (TLFC) Wednesday. The rifles delivered on 11 January are the first batch from a 2015 deal which will see the production of around 35,000 MPT-76s for the TLFC, Naval Forces Command, and the Gendarmerie General Command