In a major shift to the mode of donating weapons to Ukraine, Denmark will invest in the Ukrainian defense industry rather than provide arms directly to the Ukrainian armed forces. A letter of intent (LoI) between top Danish and Ukrainian officials was signed Saturday to ensure that future Danish donations can be financed via investments in the Ukrainian defense industry
Boeing has finalized a deal with GKN Aerospace St. Louis and its parent company, Melrose Industries, to sustain the production of critical components for the U
American President Joe Biden has signed into law a critical supplemental bill totaling approximately $95 billion, aimed at bolstering security assistance for key U.S
QinetiQ has conducted the U.K
Kongsberg Discovery's business area, Kongsberg Discovery, has announced the completion of factory acceptance testing for the first production system of their long-range Autonomous Underwater Vehicle (AUV) called HUGIN Endurance. Sea trials for the first production unit began in September 2023 and concluded with a successful demonstration of the AUV's capabilities to the customer in March 2024
RSBC Investment Group has completed the acquisition of STEYR ARMS, the Austrian firearm manufacturer, on April 23. RSBC Group has acquired 100% ownership of STEYR ARMS from its previous owner, SMH Holding GmbH
The U.S
China has expressed its displeasure with the Philippines' decision to sink the decommissioned oil tanker BRP Lake Caliraya during this year's Balikatan exercises, which involve Filipino and American soldiers. Commodore Roy Vincent Trinidad, spokesperson for the Philippine Navy (PN) in the West Philippine Sea, responded to China's criticism by stating that the sinking exercise was not intended to provoke
AeroVironment (AV) has announced the introduction of its Autonomy Retrofit Kit (ARK) and AVACORE software aimed at advancing autonomy and machine learning capabilities for autonomous systems. The ARK and AVACORE technologies are designed to enhance the effectiveness of AV's existing UAS platforms, including the Puma 3 AE and Puma LE, and future autonomous systems
Turkey is reportedly considering deploying its Russian-made S-400 Triumf air defense systems along its Iraqi border as part of an upcoming summer offensive against the Kurdistan Workers' Party (PKK) in Iraqi Kurdistan. If implemented, this would mark the first operational deployment of the S-400 since its acquisition in 2017, despite widespread condemnation from NATO allies