Search Results
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Eve Air Mobility Secures $94M in New Equity Financing for eVTOL Development
July 1, 2024 @ 12:31 PMEve 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
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Boeing Acquires Spirit AeroSystems for $8.3B, Airbus to Take Over its Manufacturing...
July 1, 2024 @ 07:10 AMVideo Boeing today announced a definitive agreement to acquire Spirit AeroSystems, a key supplier of sub-assemblies for both Boeing and Airbus
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Russian Black Sea Fleet Redeploys Corvettes Amidst Ukrainian Drone Threat
July 1, 2024 @ 06:19 AMRussias Black Sea Fleet appears to be relocating corvettes to more secure bases in response to threats posed by Ukrainian naval drones. Recent photos from Crimea and other Russian bases confirm the redeployment of surface forces to new locations
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First Batch of North Korean 130mm Artillery Shells Arrive in Russia
June 28, 2024 @ 08:56 AMNorth Korea has started delivering large batches of 130-mm high-explosive fragmentation shells OF-482M to Russia, intended for use with long-range 130-mm M-46 cannons. These projectiles have a range of 27,490 meters, equivalent to the performance of the 152-mm Msta-B howitzers, despite lacking bottom pressurization gas generators, as per
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China Retrieves Alleged U.S. Submarine Detector in South China Sea
June 27, 2024 @ 09:53 AMChina recently intercepted a submarine detector allegedly dropped by the United States in the South China Sea. A 40-second video posted on Wednesday by Yuyuan Tantian, an arm of China Media Group, showed a U
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Leonardo's AW609 Tiltrotor Completes First Ship Trial
June 26, 2024 @ 11:34 AMLeonardos AW609 tiltrotor aircraft recently completed its first ship trial with support from the Italian Navy. From April 3-12, the AW609 AC4 aircraft, fully representative of the final production configuration, conducted demonstration trials
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Chinese, Japanese Coast Guards Clash Over Diaoyu Islands
June 25, 2024 @ 04:25 AMThe China Coast Guard (CCG) expelled several Japanese vessels that entered the territorial waters of Diaoyu Islands between June 20 and 24, according to a statement released on Monday by CCG spokesperson Gan Yu. Gan claimed that the CCG's actions were part of law enforcement operations within waters under China's jurisdiction
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Refinery Hit as Russia Repels Massive Ukrainian Drone Attack
June 21, 2024 @ 05:20 AMIn the early hours of Friday morning, the Ilsky Oil Refinery in the Krasnodar Territory was struck by a drone, resulting in injuries to two individuals, according to a report from the regional operational headquarters. The incident occurred around 4:00 a
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European Coalition Jointly Procures Mistral 3 Missiles
June 20, 2024 @ 09:47 AMA European coalition involving France, Belgium, Cyprus, Estonia, and Hungary signed a framework cooperation agreement on June 19 for the joint acquisition of the Mistral 3 ground-based air defense system. This agreement, managed by the French Defence Procurement Agency (DGA) with support from MBDA, aims to streamline the acquisition process to better meet the requirements of the participating nations' armed forces
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Philippines Supply Ships Reinforced with Hardshell to Resist Chinese Water Cannons
June 20, 2024 @ 08:36 AMThe Philippine Navy (PN) has reinforced its supply ships with a protective cover to resist water cannon assaults by the Chinese Coast Guard (CCG). PN supply ships are providing materials to the anchored BRP Sierra Madre stationed in Ayungin Shoal, which China claims as part of its maritime territory, a claim Manila disputes
Oman Signs New Radar Deal with Spain’s Indra
U.S. Space Force Awards V2X $62 Million to Support COBRA DANE Radar...
Turkish Roketsan to Produce ATMACA Anti-ship Missile in Indonesia
Germany’s Next Leader Signals Support for Sending Taurus Missiles to Ukraine
Four-legged Robots Vs. Military Dogs
Four legged robots that resemble dogs are increasingly being seen in war zones and exercises for functions such as reconnaissance...
Lockheed Martin Faces Billions in F-35 Cuts Under U.S. Policy Shift
Americas policy of controlling F-35 usage, spares, and maintenance—combined with President Donald Trumps threats of trade wars with Europe, halted...
Russian Su-57 and Chinese J-20 as Alternatives to the American F-35 Stealth Fighter
As the Russian Su-57 stealth fighter jet enters serial production, the debate over how it stacks up against the American...
NATO’s Intensified Exercises a Prep to Attack Russia?
Recent NATO exercises such as the BALTOPS-24, Steadfast Defender 2024 and its first-ever Basic Fighter Maneuvers exercise have been its...