Fair trade regulator, Competition Commission (CCI) today approved the proposed joint venture between Indian Reliance Aerostructure and French Dassault Aviation. The proposed combination relates to the setting up of a joint venture between Reliance Aero and Dassault -- Dassault Reliance Aerospace Limited, in which Reliance Aero would hold 51 per cent shares, with the remaining 49 per cent to be held by Dassault
Germany has decided to skip an open tender for the planned 1.5 billion euros worth purchase of five more corvettes
Raytheon and Leonardo have decided not to jointly pursue the U.S
Ukrainian Arey Engineering group developed new main battle tank design codenamed T-Rex is expected to rival Russian T-14 Armata. The main battle tank met all technical requirements of the countrys defense ministry and is planned to enter service within a year, according to
BAE Systems is being awarded a $51 million contract for the execution of USS Roosevelt (DDG 80) fiscal 2017 depot maintenance period availability. This is a long-term availability and was competed on a coast-wide (East and Gulf) basis without limiting the place of performance to the vessels homeport, US department of defense said in a statement Thursday
French aero engine manufacturer Safran on Thursday has launched a $9 billion agreed bid for seats manufacturer Zodiac Aerospace to create the world's third-largest aerospace supplier as the industry bulks up to tackle record high output plans. The deal comes three months after Zodiac's competitor B/E Aerospace agreed to be acquired by Rockwell Collins and six years following Zodiac's family shareholders publicly snubbing a botched approach from Safran, branding it "opportunistic"
Turkish Aerospace Industries (TAI) has planned to deliver the Hürkuş-C close air support (CAS) aircraft to the country's Armed Forces (TSK) in 2017. The Hürkuş-C will also be equipped with a tactical data-link system, electro-optical and infrared (EO/IR) system, self-protection system, and an armour reinforced airframe, Quwa reported Wednesday
Beretta has acquired Victrix Armaments brand (victrixarmaments.com) from Officina Meccanica Rottigni, an Italian company based in Cazzano SantAndrea (BG)
Russia's Elektropribor Design Bureau is developing a high-speed torpedo dubbed Khishchnik (Russian for ‘raptor) to replace the Shkval underwater anti-ship missile. The expert Vladimir Tuchkov writes in an article with the Svobodnaya Pressa online news agency
Doss Aviation has won a $290 million contract from US Air Force for initial flight training. The contractor will provide ground training and flying training for pilots, combat systems officers (CSO), remotely piloted aircraft (RPA) pilots and international military students in preparation for specialized undergraduate pilot training, undergraduate CSO training, and undergraduate RPA training