New U.S. Facility to Produce 25% of World Rare Earth Oxides, Cut...
Lynas Rare Earths Ltd, the largest rare earth element mining and processing company outside of China, has been awarded a Defense Production Act (DPA) Title III technology investment agreement to establish domestic processing capabilities for light rare earth elements (LREE). Specific actions include stockpiling, implementing Defense Federal Acquisition Regulations Supplement (DFARS)...
IFS, Tech Mahindra to Enable $54 Million Software Project for HAL
Enterprise software company, IFS has signed a contract with Tech Mahindra, the prime contractor for Hindustan Aeronautics Limited (HAL), to enable HALs Project Parivartan Program, a US$ 54 million (Rs 400 crore) software project. The ERP solution from IFS will support business-critical processes, including maintenance, repair, overhaul (MRO), manufacturing, supply chain...
Turkey Targets $10 Billion in Defense Exports by 2023
By 2023 Turkeys defense industry targets $27 billion in turnover, $10 billion in exports and employment for approximately 80,000 people, according to Ismail Demir, the chairperson of the Presidency of the Defense Industries (SSB). In comparison, current Turkish defense exports total $3 billion and turnover is $12 billion
Bharat Electronics Exports $48.6M during FY 2019-20
Indias Bharat Electronics Limited (BEL) has exported nearly $48.6 million (INR 354
Russia Establishes Consortium to Develop New-Gen Nuclear Energy Tech
A consortium consisting of nine Russian research centers and universities has been created to develop new generation nuclear power technologies. Projects to be undertaken by the consortium includes developing nuclear fuel cycle facilities, fast reactors, new materials for energy technologies of the future and innovative nuclear power plant projects
Rostec Registers $24.3B Export Revenue in 2020
Sergei Chemezov, CEO of Rostec State Corporation, has said that the company has delivered $24.3 billion worth of goods last year of which $13 billion were military equipment
Huntington Ingalls Acquires Autonomy Business of Spatial Integrated Systems
Huntington Ingalls Industries (HII) announced today that it has acquired the autonomy business of Spatial Integrated Systems Inc. (SIS)
U. S. Senate Out-votes Trump Veto of $741B Defense Bill
The Senate voted to override U.S
Lockheed Martin to acquire Aerojet Rocketdyne for $4.4B in 2021
Lockheed Martin said today it plans to acquire Aerojet Rocketdyne for $4.4 billion next year
Europe’s SEA Defence Project Kicks Off Officially
The Netherlands-led consortium for European Defense Industrial Development Programme (EDIDP)-funded SEA Defence project announced its official start on Thursday. The European Commission (EC) selected the SEA Defence project in June 2019
U.S. Sanctions: Turkey Refuses to Abandon S-400, Deals with Pakistan Could be...
Turkey today refused to back down on using its S-400 air defense systems (ADS) even as the United States announced sanctions again the countrys defense agency, and the denial of permission to export defense goods made with U.S
S.Korea’s Hanwha Signs Joint Defense Research Agreement with U.S. Army...
South Koreas Hanwha became the first Korean enterprise to seal an agreement with the U.S
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...
