Thales Closes Deal to Buy Australian Cybersecurity Firm, Tesserent
Thales has completed its acquisition of Tesserent, a cybersecurity firm based in Australia. The acquisition, initially announced in June 2023, has solidified Thales's position in the cybersecurity sector, furthering its commitment to enhancing global cyber defenses
Safran Acquires Thales’ Aeronautical Electrical Systems Business
Safran Electrical & Power has completed buying Thales' business that makes electrical systems for planes, including power conversion, generation, and motors for both civilian and military aircraft. This buyout follows exclusive negotiations announced in September 2022
Germany's Federal Cartel Office Clears Rheinmetall-Ukrainian Defence Industry Joint Venture in Kyiv
Germanys Federal Cartel Office, Bundeskartellamt, cleared the way for establishing a joint venture between Rheinmetall Landsysteme GmbH and Ukrainian Defence Industry group (UDI), the former Ukroboronprom, on Thursday. Authorization from other relevant agencies has already been applied for and is expected to come shortly
Leonardo DRS to De-list from Tel Aviv Stock Exchange
Leonardo DRS, Inc. has announced its intention to voluntarily remove its common stock from the Tel Aviv Stock Exchange (the "TASE")
Top 10 U.S. Defense Firms Receive Contracts Worth $150B in 2022
The Department of Defense Office of Local Defense Community Cooperation stated in its Fiscal Year 2022 Defense Spending by State report today that the top 10 defense firms secured U.S
French Photonis Group Renamed to Exosens
French firm, PHOTONIS GROUP, which specializes in differentiated technology for detection, imaging, and lighting, is currently undergoing a corporate rebranding initiative and will henceforth be known as Exosens. The company, under the ownership of Groupe HLD since 2021, is undergoing a profound transformation by venturing into adjacent technologies and expanding into the particle detection markets
AeroVironment Completes Acquisition of Tomahawk Robotics
AeroVironment has completed its acquisition of Tomahawk Robotics, a company dealing with AI-enabled robotic control and integrated communications systems. AeroVironment signed a definitive agreement to purchase Tomahawk Robotics in August for a total purchase price of $120 million to be paid in a mix of cash and stock
Saab Acquires AI-enabled Autonomous Swarm Systems Provider “BlueBear”
Saab has completed acquisition of U.K
Pakistan, Turkey, Saudi Arabia Hold First Tripartite Defense Cooperation Meeting
The Saudi-Turkish-Pakistani Tripartite Committee held its first meeting in
AeroVironment to Acquire Tomahawk Robotics
AeroVironment said it is planning to acquire Tomahawk Robotics, a company that deals with AI-enabled robotic control systems. “The acquisition will enable deeper integration of both companies technology, leading to enhanced interoperability and interconnectivity of unmanned systems through a singular platform with similar control features
Rooboronexport Signs Export Contracts Worth $600 Million at Army 2023
Russias Rosoboronexport signed contracts worth $600 million with several foreign customers at the Army 2023 event in Moscow. It reached agreements on the joint production of Kalashnikov assault rifles, armored vehicles, guided missiles on the territory of customers, besides the installation of Russia-made combat modules of various calibers on the chassis of (land vehicles) of our partners, said Alexander Mikheev, CEO of Rosoboronexport in a statement
BAE Systems to Acquire Ball Aerospace for $5.55B
BAE Systems planned acquisition of Ball Aerospace for $5.55 billion is expected to boost its position across a range of activities, notably the
Lockheed Martin Delivers First SPY-7 Radar Shipset for Japan’s Aegis Vessels
U.K. Engineers Arrive in India to Revive Stranded Royal Navy F-35B...
Air Base, Intelligence Center among 5 Israeli Facilities Hit By Iranian Missiles
Netherlands Tightens CV90 Training, Maintenance after 2024’s Fatal Accident in Germany
The Future of Combat: Miniaturized Laser Weapons Set to Replace Bullets and Missiles
Lasers may soon replace bullets, and drones could disable enemy UAVs with beams of light instead of missiles
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...
