By 2023 Turkeys defense industry targets $27 billion in turnover, $10 billion in exports and employment for approximately 80,000 people, according to Ismail Demir, the chairperson of the Presidency of the Defense Industries (SSB). In comparison, current Turkish defense exports total $3 billion and turnover is $12 billion
Ethical considerations will go into Artificial Intelligence (AI)s design and employment because it enables autonomy, decision making and system execution at incredibly fast speeds, a U.S
Lockheed Martins Sniper Advanced Targeting Pod (ATP) just successfully completed ground and flight testing, clearing the way for FA-50 airworthiness certification. The tests resulted in a successful long-range guided munition hit of a designated target, the compan
Indias first indigenous 9mm Machine Pistol has been jointly developed by DRDO and Indian Army. Infantry School, Mhow and DRDOs Armament Research & Development Establishment (ARDE), Pune have designed and developed this weapon using their respective expertise in the complementary areas
Boeing said today it will pay $2.5 billion to settle a Justice Department investigation and admitted that employees defrauded the Federal Aviation Administration (FAA) when it first won approval for the flawed 737 MAX jet
The U.S
Lockheed Martin has won a deal worth $731 million to support Aegis combat systems used by Japan, South Korea, Australia, Canada, Norway and Spain. The contract covers provision of engineering and technical services for Aegis in-service combat systems engineering, ship integration and test engineering, computer program maintenance, integrated logistics support and planning and in-country support for multiple international partners employing Aegis
The U.S
Huntington Ingalls Industries (HII) announced today that it has acquired the autonomy business of Spatial Integrated Systems Inc. (SIS)
Lockheed Martin said today it plans to acquire Aerojet Rocketdyne for $4.4 billion next year