The German Federal Cartel Office, Bundeskartellamt today has cleared the merger of Wegmann and the French GIAT Industries. The companies plan to introduce a new joint venture by merging its two subsidiaries Krauss-Maffei Wegmann (KMW) and Nexter Systems in constituting 50:50 stakes
UAE plans to buy 100 units of tank boats from Indonesia as part of a defence cooperation deal signed during President Joko Widodos visit to Abu Dhabi on Sunday. Indonesian firm Pindad is currently working on manufacturing the tank boat which consists of a high speed boat with a 105mm canon mounted on it
Although the overall German small weapons trade has decreased steadily falling by 42 per cent than previous year, the small arms and ammunition exports to Arab nations has increased 32 folds during the same period. With the German ammunition sales have been increasing, it is rather unclear about what the trend might represent
Saab has delivered Automatic Warning and Reporting (AWR) system to a customer in Kuwait for the detection, identification, warning, monitoring and reporting of Chemical, Biological, Radiological and Nuclear (CBRN) hazards. The system, which is a flexible, modular and future-proof solution, can be operated from fixed locations, carried by personnel or mounted on vehicles, the company announced today
Lockheed Martin has designed an advanced electro-optical targeting system (EOTS) to replace the F-35's current EOTS. The newly introduced advanced EOTS is available for the F-35's Block 4 development, the company announced Thursday
Russia is in talks with India to supply the latest Russian T-90MS battle tanks. Even though the tank uses the same type of ammunition as the T-90, it includes additional countermeasures to significantly reduce the chances of being hit by enemy anti-tank semi-automatic guided weapons
China will customize its yet to be launched light attack helicopter Z-19E as per the buyer's specific requirements. "The government has given the green light for the export of the WZ-19
Russia and China are finalizing an agreement to jointly manufacture a heavy-lift helicopter next year and will conduct its first flight around 2020. Speaking at the third Chinese Helicopter Expo at Tianjin, Wu Ximing, chief helicopter designer at Aviation Industry Corp of China (AVIC) was quoted by China Military Online, “"The project is progressing smoothly, and we are discussing with our Russian counterparts terms and clauses in the agreement
Saab today announced that its SEK39.3 billion (US$4
South Korea will set aside part of 38.95 trillion won ($32