Australias defense ministry is planning to invest between A$36-44 billion in acquiring landing craft, HIMARS missile systems, and helicopters for its military. This spending will enable the Army to impede a potential adversary's freedom of action, aligning with the goals outlined in the National Defense Strategy released on April 17
Argentinas Minister of Defense, Luis Petri, met with NATO's Deputy Secretary General Mircea Geoana at NATO headquarters in Brussels on Thursday to formally initiate the process of joining the alliance as a global partner. During the meeting, Argentina presented a letter of intent to begin the process of incorporating the country...
Australia plans to invest more than $80 billion to enhance its Navy with nuclear-powered submarines, upgraded subsea warfare capabilities, an expanded surface combatant fleet, and advanced missile systems over the next decade. Canberra is earmarking between $53 billion and $63 billion over the next decade to fortify its Navy's capabilities, focusing...
The Defense Department set a record for sales of military equipment and hardware in fiscal year 2023, with the U.S
L3Harris Technologies has signed an agreement under which an affiliate of Kanders & Company, Inc. will acquire its antenna and related businesses for $200 million
Shield AI has announced its intent to acquire Sentient Vision Systems (Sentient), an Australia-based firm specializing in AI-enabled real-time situational awareness. The companies will merge their AI expertise and operational understanding to deliver intelligence, surveillance, and reconnaissance (ISR) capabilities
Austal Limited confirmed on April 1, that it received an unsolicited, conditional, and non-binding indicative proposal from Hanwha Ocean Co., Ltd
Indian defense exports have surged to a record INR 21,083 crore (approximately $ 2.63 billion) in the Financial Year 2023-24, marking a growth of 32
Airbus Defence and Space has confirmed its agreement to acquire INFODAS, a German company specializing in cybersecurity and IT solutions for the public sector, including defense and critical infrastructures. The acquisition is pending customary regulatory approvals and is expected to be completed by the end of 2024
Boeing is considering reducing Spirit AeroSystems' links to its competitor Airbus amid complications in Boeing's bid to reclaim its former subsidiary. This decision, first reported by
Airbus has decided to halt discussions with Atos regarding the potential acquisition of its Big Data and Security (BDS) business line, dealing a blow to Atos's efforts to overcome financial hurdles. The
The government of Denmark plans to raise defense spending by a total of DKK 40.5 billion ($4