Russian drone maker, "Kronstadt" has set up Russias first all-new aircraft factory in the post-Soviet era to manufacture its Orion and other drones. Construction of the factory in Dubna near Moscow which began earlier this year was completed in December
Korea Research Institute for Defense Technology Planning and Advancement (KRIT) claimed in an annual report issued Monday that Seoul was the world's 9th-largest arms exporter in the 2016-2020 period. As per information published by the government in the Global Defense Market Yearbook 2021, South Korea accounted for 2
UAEs “countermeasures” against American conditions to purchase F-35 jets and other weapons has taken the American side aback, and it has already softened its stand with several officials expressing hope that the negotiations would be restarted down the road. The Biden administration has threatened UAE to downgrade its strategic cooperation with...
Russia will train Argentine military personnel in their country under a new agreement signed in Moscow recently. "This is an agreement to facilitate the training of our officers and NCOs in Russian military institutions and it is a step that will allow a greater relationship between both Armed Forces,” said Minister...
Thales announced today it acquired the Moog ground-based navigation aids business located in Salt Lake City, Utah. The acquisition was completed after Thales received the required regulatory approvals in October 2021
Russia has rejected a Stockholm International Peace Research Institute (SIPRI) report that claimed that its arms exports declined by 6.5% from 2019 to 2020
Russias United Aircraft Corporation (UAC) announced today that it had merged with the Sukhoi aircraft manufacturer and the MiG aerospace firm. UAC Board of Directors approved the merger of the three companies on November 30
Rheinmetall signed a letter of intent with Hungarian IT company 4iG Nyrt with an intention to buy 25.1% stake
Rheinmetall is taking over the activities of EMT, a well-known German unmanned aerial vehicle maker. The Group intends to maintain the company's four locations in Bavaria and Schleswig-Holstein and to integrate the current staff into the Rheinmetall workforce
UAEs state-owned EDGE and Israel Aerospace Industries (IAI) signed a Memorandum of Understanding (MoU) to establish a maintenance center, for a selection of IAI's systems, in the UAE. In addition to maintenance, the center will advance local marketing of these systems
Russias state-owned Rosoboronexport signed contracts worth nearly $1.3 billion at the ongoing Dubai Airshow 2021
BAE Systems said it has entered into a definitive agreement to acquire Bohemia Interactive Simulations (BISim), a global software developer of simulation training solutions for military organizations. Over the coming months, the company will undertake the customary regulatory and pre-closing activities necessary to complete this type of international transaction