Lockheed Martin is set to acquire Zeta Associates. The terms of the agreement were not disclosed and are not material to Lockheed Martin
Defense and security company Saab acquired ThyssenKrupp Marine Systems AB (TKMS AB, formerly Kockums) at SEK 340 million (around €37 million). In April 2014, Saab and ThyssenKrupp Industrial Solutions AG signed a non-binding MoU regarding the acquisition of the Swedish shipyard TKMS AB with operations based in Karlskrona, Malmö and Muskö, Sweden
After streamlining industrial licensing on defense equipment last week, India has issued a set of security guidelines for all licensed defense equipment manufacturing companies. According to the Indian Express newspaper, the guidelines are to elaborate physical defense systems
Indias biggest military equipment supplier, Rosoboronexport of Russia could have flouted Indian rules by using the services of a “middleman”, Rosoboronservice in a Rs 21-crore chopper engine deal with the Indian Navy. The contract refers to the supply of four TV3-117 MAR engines for the Indian Navy Kamov KA-31 helicopters in 2011
Lockheed Martin will deliver five Sniper Advanced Targeting Pods (ATP) worth US$ 16.5 million to Royal Jordanian Air Force The contract involves integration, program management and other hardware to equip its fleet of F-16 aircraft
The United States is reportedly facing a shortage of cybersecurity professionals — particularly for positions within the federal government because it does not offer salaries as high as the private sector. According to a study published by the RAND organization, the demand for cybersecurity professionals began to overtake supply in 2007, largely due to increased reports of large-scale hacking, including the leakage of credit card data, attacks on Internet connectivity, and the discovery of "advanced persistence threats" — teams of hackers who go after intellectual property by establishing a persistent presence in the networks of U
As the Navy prepares to deploy its first laser weapon on a ship later this summer, Office of Naval Research (ONR) officials announced June 11 that they have finished awarding contracts to develop a similar weapon to be used on ground vehicles. The Ground-Based Air Defense Directed Energy On-the-Move program, commonly referred to as GBAD, aims to provide an affordable alternative to traditional firepower to keep enemy unmanned aerial vehicles (UAVs) from tracking and targeting Marines on the ground
Since June 2, four Rafale fighters of the French air forces 3/30 “Lorraine” squadron have deployed at Jodhpur air base, in India, to take part in the bilateral “Garuda” exercise. This is the fifth time the two countries hold this exercise, which will end on June 13
Finnish company Oricopa Oy has signed a contract with Norway's Kongsberg for the delivery of sub-systems for the command and control element of the NASAMS surface-to-air missile system. The total value of the contract for Oricopa is approximately €25 million, with the deliveries taking place between 2015 and 2017
The U.S