The Kingdom of Saudi Arabia has granted a license to a local company to manufacture military drones first unveiled at Dubai Airshow-2019, starting next year. On April 27, the General Authority for Military Industries approved for Infra Defense Technologies to build 6 drones in 2021, and 40 within a span of five years
Leonardo has modified helmets and oxygen masks to keep pilots safe from getting infected from COVID-19 infection. “As the situation surrounding Covid-19 evolves, Leonardo Helicopters (UK) has found unique ways to adapt social distancing methods to the cockpit ensuring crew safety
Airbus Defence and Spaces EBIT Adjusted results for the First Quarter (Q1) for this year stands at €15 million, or nearly seven times lower than in Q1 2019 when it was €101 million, owing to the COVID-19 pandemic. “We saw a solid start to the year both commercially and industrially but we are quickly seeing the impact of the COVID-19 pandemic coming through in the numbers
Germany and France have signed two agreements to launch the development of a new Main Ground Combat System (MGCS) intended to replace the Lepoard 2 and Leclerc tanks in the 2030s. German defence minister Annegret Kramp-Karrenbauer and her French counterpart, Florence Parly, signed the framework and implementation agreements on the Franco-German Main Ground Combat System (MGCS), Germany's Federal Ministry of Defence (MoD) announced on its website on 28 April, stating that this was "an important signal for European defence co-operation"
General Electric has won $707.3 million to supply F110 engines to power F-16 fighter jets of Slovakia, Bulgaria, and Taiwan
Saudi Arabia spent $61.9Billion on military expenditure in 2019 compared to 67
Two Chinese VT4 Battle Tanks upgraded with a turret boost design and explosive reactive armor have been dispatched to a foreign buyer location. The VT4 tanks made by China North Industries Group (NORINCO) left for their destination following a launch ceremony, China Central Television (CCTV), reported on Friday
Embraer has accused Boeing of “wrongfully” terminating the Master Transaction Agreement (MTA) to establish a strategic partnership, and said the company failed to cough up $4.2 billion purchase price
Boeing announced today that it has terminated its Master Transaction Agreement (MTA) with Embraer, under which the two companies sought to establish a strategic partnership. Under the MTA, April 24, 2020, was the initial termination date, subject to extension by either party if certain conditions were met
The US Navy accepted the delivery of $4 billion USS Zumwalt destroyer on Friday, three years after the service commissioned the stealthy warship. “The Navy accepted delivery of USS Zumwalt (DDG 1000), the lead ship of the Navy's next-generation of multi-mission surface combatants, on April 24