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Rostec's Ruselectronics Unveils New Underwater Surveillance System for Unmanned Vehicles

July 11, 2024 @ 05:00 AM

Ruselectronics, a holding company within the Rostec State Corporation, has developed a new video surveillance system for underwater unmanned vehicles. This system is designed for monitoring water areas, underwater pipelines, and drilling platform facilities
Lithuania Orders Saab’s MSHORAD Air Defense Systems

July 10, 2024 @ 06:19 AM

Saab has secured a $123 million (SEK 1.3 billion) order from the Lithuanian Ministry of Defence (MoD) for the delivery of its Mobile Short Range Air Defence (MSHORAD) solution
BAE Systems to Deliver Radar Warning Receivers for C-130J Aircraft to U.S....

July 10, 2024 @ 05:05 AM

BAE Systems is set to deliver AN/ALR-56M radar warning receivers to the U.S
Ukraine's West-Supplied Air Defense Stressed by Russian Firepower: Pentagon

July 9, 2024 @ 05:12 AM

The Pentagon announced today that the intense barrage from Russia on Ukraines Western-supplied air defense systems, such as Patriot, NASAMS, and IRIS-T, has significantly strained these defenses. “Ukraine is getting air-defense systems from a variety of nations, and they have managed to cobble together an integrated air-defense system that incorporates different systems, radars, launchers and more,” Pentagon Press Secretary Air Force Maj
Czech Firm Starts Producing Attack, Reconnaissance Drones for Ukraine

July 3, 2024 @ 08:00 AM

The Czech-Ukrainian company UAC commenced production of specialized military drones for the Ukrainian army with plans to manufacture hundreds of reconnaissance and attack drones annually. According to Czech publication
Lockheed Secures $5.3B Patriot Systems Contract for Foreign Customer

July 2, 2024 @ 05:33 AM

The Pentagon has announced a
Eve Air Mobility Secures $94M in New Equity Financing for eVTOL Development

July 1, 2024 @ 12:31 PM

Eve Air Mobility, a global electric vertical take-off and landing (eVTOL) aircraft manufacturer and services provider, has announced $94 million in new equity financing from multiple investors. This funding includes the issuance of new shares of common stock and warrants, with participation from a diverse group of global industrial companies, including Embraer and Nidec, as well as additional financial investors
Boeing Acquires Spirit AeroSystems for $8.3B, Airbus to Take Over its Manufacturing...

July 1, 2024 @ 07:10 AM

Video Boeing today announced a definitive agreement to acquire Spirit AeroSystems, a key supplier of sub-assemblies for both Boeing and Airbus
India Channels Over 50% of Defence Exports to U.S.

June 25, 2024 @ 08:54 AM

The American Chamber of Commerce in India (AMCHAM) has revealed that over 50% of India's defence exports are now directed towards the United States. This was revealed in the latest report from AMCHAM, titled "U
Safran Pursues AI Advancement with Talks to Acquire Preligens for €220M

June 25, 2024 @ 07:03 AM

Safran has announced ongoing discussions to acquire Preligens, an AI solutions provider, for €220 million. Preligens, established in 2016, specializes in AI analytics for aerospace and defense, offering algorithms for analyzing imagery, video, and acoustic signals

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