Defence and security company Saab and UMS Aero Group AG, a Swiss supplier of tactical unmanned aerial vehicles (UAVs), are forming a joint venture under the name UMS Skeldar AG. UMS Skeldar will strengthen Saab's offerings in the tactical UAV market
Philippines has allocated 83.9 billion pesos ($1
India plans to acquire 10 additional C-17 Globemaster III strategic airlift aircraft to add to its fleet of six planes acquired from Boeing over the past few years. "The request for acquiring 10 additional Boeing C-17 Globemaster III aircraft is being processed
Ukrainian arms sales have declined 37.4 per cent in 2014 in comparison to arms sales revenue in 2013 largely due to the conflict in the eastern region
Safwa Marine in UAE and wholly owned subsidiary of Abu Dhabi Ship Building (ADSB) today launched its first 120 HD Novamarine Professional speed boat in partnership with Novamarine, the speed boat construction company, Italy. With the launch of the 120 HD Professional, Safwa Marine and Novamarine will deliver on the needs of owners, captains and engineers who require world standard yacht services
Eleven Russian firms are now ranked in the Stockholm International Peace Research Institutes (SIPRI) Top 100 defense companies for 2014 compared to nine in 2013. According to the report published Monday, Three companies entered the Top 100 in 2014
Rolls Royce will end Aerospace and Land and Sea (ALS) division as part of their management restructuring to reduce costs. Rolls Royce will be removing a layer of senior management in the ALS division
A Russian cruise missile hit a block of flats after it went astray soon after launch. The missile was being tested when the incident happened, none was injured, the Defense Ministry was quoted as saying by local media Tuesday
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