Following allegations of multimillion-euro tax avoidance through profit transfers abroad, the General Electric site in Belfort, eastern France, has undergone a new raid eight months after the initial investigation. The investigation was initiated by the National Financial Prosecutor's Office (PNF) based on a report filed by Fabien Roussel, the national secretary of the French Communist Party (PCF), in July 2019
General Dynamics European Land Systems (GDELS) – Bridge Systems and Rheinmetall MAN Military Vehicles (RMMV) have presented for the first time the ANACONDA tactical bridge-laying system mounted on a high-mobility 8x8 HX2 carrier vehicle at the 5th User Forum Armament and Utilization – RÜ.NET 2023 conference held on August 30 - 31 in Koblenz
Buoyed by the excellent results by drones in its war against Russia, Ukraine has plans to buy or manufacture up to 200,000 UAVs worth an estimated $1.09 Billion by the year-end
Learning from the success of small, cheap and deadly drones in Ukraine, the Pentagon on Monday announced a new drone program, "Replicator" to better prepare for a possible attrition with China. Deputy Defense Secretary Kathleen Hicks introduced the “Replicator” program at the Emerging Technologies conference hosted by the National Defense Industrial Association
Hanwha Ocean, a subsidiary of Hanwha Aerospace, announced plans to establish an overseas base to expand into submarine and ships manufacturing. The company's KRW 900 billion expansion strategy encompasses a diverse range of initiatives, including securing an
Lockheed Martin and the Ministry of Defence of Poland have concluded an arrangement outlining offset obligations in support of the PAC-3 WISLA Phase II program. The agreement creates eight new projects and provide new areas of technology, training, and technical assistance to the Polish defence industrial base
Russias Kalashnikov Concern plans to establish an unmanned aviation training center for training of operators of all company-made drones. This was stated by Alan Lushnikov, President of the Kalashnikov Concern JSC, on the sidelines of the plenary session "Unmanned aircraft - dual-use technologies in war and peace
GERMAN NAVAL YARDS KIEL and Rheinmetall are jointly developing an offshore platform for eco-friendly ammunition disposal. The danger posed to the environment and people by contaminated ammunition in the Baltic Sea has been known for many years
Lithuanias President Gitanas Nausėda said his country will send NASAMS air defense system launchers to Ukraine next month. These statements were made during Lithuanian leaders visit to Kyiv to participate in the third summit of the international Crimean Platform