China stripped Russia to grab the second spot only after the United States, in Stockholm International Peace Research Institute's (SIPRI's) list of world's largest arms producers. SIPRI had excluded Chinese defense companies so far because the information on the country's weapons manufacturing had been "unreliable" and "lacked transparency
Russian Helicopters has embarked on the development of a new type of attack helicopter called ‘Airborne Combat Vehicle, which will feature special weapons and more power. The company has developed a new version of the Mi-8AMTSh-VN Special Forces helicopter with enhanced weapons, says CEO Andrey Boginsky
Albayraklar Savunma Company awarded as the fastest growing defense company of the Year in 2019 resolved to quit the sector by offering its stocks for sale. The stocks of Albayraklar Defense Company affiliated to Albayraklar Holding, which is known for its world-famous defense industry products, are offered for sale with the decision of the board of directors
Israel-based Tactical Robotics and Boeing have signed an agreement to further development of a ducted fan propulsion technology to be used in piloted and autonomous light aircraft. The two companies will set up a joint working group to explore opportunities may exist in developing, producing and marketing Fancraft based vertical takeoff and landing (VTOL) products including Tactical Robotics own Cormorant autonomous vehicle
The Bell Textron- Boeing Navy-specific CMV-22B Osprey completed first flight operations at Bells Amarillo Assembly Center. The United States Navy will use the CMV-22B to replace the C-2A Greyhound for transporting personnel, mail, supplies and high-priority cargo from shore bases to aircraft carriers at sea
The Indian Navy's first Indigenous Aircraft Carrier (IAC-1) INS Vikrant will embark on its first sea trial in mid-2020. The Empowered Aex Committee (EAC) reviewed the progress in the construction of the boat at the Cochin Shipyard on Monday
Russia will deliver one Pantsir-S1 battery consisting of six missile systems to Serbia in this year. “Russia and Serbia signed a deal on one battery made up of six Pantsir-S1 missile systems
Leonardos new Falco Xplorer multi-senor strategic surveillance drone, considered a competitor to the General Atomics Grey Eagle drone, undertook its maiden flight in Italy. Not subject to International Traffic in Arms Regulations (ITAR) restrictions and meeting the criteria for a Missile Technology Control Regime (MTCR) class II, Falco Xplorer is readily exportable around the world, a Leonardo release said
Claimed to be the world's first, a three-engine large drone made its first flight in China last Thursday which can be used in transport and attack missions. Developed by Chengdu-based Tengden Technology Co, the drone took off and landed on Thursday morning at an airfield in Southwest China, marking its successful maiden flight, Chengdu Daily reported on Friday
Dutch shipbuilder Damen and Australias Gentium Solutions have signed an agreement with Bangladesh to setup a new shipbuilding and ship repair facility in the country. The memorandum of understanding (MoU) between Damen, Gentium and Bangladeshs Ministry of Industry was signed on January 14 in Dhaka, with an “aim to build ships in Bangladesh, for Bangladesh, with a long-term view of serving export markets