Finmeccanica Re-negotiates Five-Year Revolving Credit Facility
Finmeccanica has renegotiated the five-year revolving credit Facility that envisages the payment of a spread of 100bp above Euribor, 80bp less than the previous conditions. The size was also reduced to 2 billion euro, compared to the former 2
Vecdi Gonul is Turkey’s Defense Minister
Turkeys Prime Minister Ahmet Davutoglus interim government has appointed Vecdi Gonil as new defense minister on Friday. Ismet Yilmaz, who was serving the position, previously had to resign as he was running for election as parliament speaker
Fluor To Be Part Of US Air Force Contract Augmentation Program
Fluor Corporation has been selected to be part of the US Air Force Contract Augmentation Program IV (AFCAP IV) for six years. The contract begins from October 1, 2015, the company announced Wednesday
Dennis Muilenburg To Replace McNerney As Boeing CEO
Boeing announced today that the board of directors has elected Dennis A. Muilenburg as the new President and CEO
Northrop Appoints New Vice President And Program Manager Of Global Hawk
Northrop Grumman has appointed Mick Jaggers as vice president and program manager of Global Hawk unmanned aircraft system programs, effective immediately. "Mick's focus on international expansion in Japan and Korea, continued production with Lot 11, and the future research and development opportunities with new sensors for the Global Hawk aircraft are...
Indian MoD Gets New Top Bureaucrats
The Appointments Committee of the Indian Cabinet (ACC) has approved on Friday the appointment of Senior IAS officer G Mohan Kumar as new Defence Secretary for a two-year term and Ashok Kumar Gupta as the new secretary of defence production. G
US Marine Gen Joseph Dunford Jr Likely To Be Next Joint Chiefs...
US Marine Gen.Joseph Dunford Jr is likely to become the next chairman of the Joint Chiefs of Staff succeeding Army Gen
Turkey's Havelsan To Acquire US Based Quantum3D
Turkey's Havelsan will acquire flight simulation assets of Quantum3D that has US government units and civil companies as its customers, in order to increase simulation and training abilities. The deal with Quantum3D will likely to be finalized this year and its products will continue to be sold under the Quantum3D brand name like before, various media reported last week
Northrop Grumman Appoints Christina Williams As Vice President For Command And Control...
Northrop Grumman announced Wednesday that it has appointed Christina (Chris) Williams as vice president, operations, for its Command and Control division within the company's Information Systems sector. Williams will report directly to Sam Abbate, vice president and general manager, Command and Control division, and will have executive responsibility for the division's business operations including operations optimization, program performance and engineering
UTC Appoints Robert Leduc As President Of Sikorsky Aircraft, Mick Maurer As...
United Technologies has appointed Robert Leduc as President of Sikorsky Aircraft, succeeding Mick Maurer, who will move to the new position Senior Vice President, Strategic Projects. The appointments are effective immediately, and both Leduc and Maurer will report to UTC President and Chief Executive Officer Gregory Hayes, the company announced on Monday in its press release
Airbus Helicopters Names New Head of Digital Strategy
Airbus Helicopters has appointed Stéphane Chery as the Head of Digital Strategy. He will be responsible for implementing the companys vision and objectives in this domain, enabling new culture and behaviors governing digital technologies across the company, the company announced in its press release on Monday
Indian Ordnance Factory Board Corporatization Plan Gathers Pace
Indian Ordnance Factory Board (OFB), the collection of government owned factories which manufactures ammunition, weapons and vehicles, could be turned into one or more corporate entities. The move is expected to ensure better accountability, higher production and profitability
French DGA Orders 70 New Generation Fuel Tank Trucks
U.S. Army Awards Lockheed Martin $756M for Hypersonic Weapon System Enhancements
Singapore’s F-16 Crash Caused by Gyroscope Malfunction
Is the Patriot Air Defense System Outdated?
After Israel revealed its decision to decommission its U
Russia's Growing Influence in Africa: Arms Sales and Military Bases
Russia's expanding influence in Africa, demonstrated by arms sales, military deployments, and diplomatic engagements, reflects a significant geopolitical shift on...
Development Trends in Unmanned Surface Vessels
Unmanned surface vessels (USVs) have caught the attention of the world following their spectacular success in sinking Russian warships in...
Have Iran-Israel Missile Attacks Enabled Mutual Deterrence?
Iran's April 13-14 missile strike against Israel marks a paradigm shift in Tehran's approach to Israel; from previously relying on...
Free Flight to Russian Hypersonic Missiles as America's Own Hypersonics Program Delayed to 2027
As Russian Aerospace Forces pummeled Ukrainian positions in mid-March 2024 with hypersonic missiles, the Pentagon's own hypersonics program faces delays,...
Counter-trade, Undisclosed Deals May be Masking Russia’s Arms Export Numbers
A Stockholm International Peace Research Institute (SPIRI) report last week reported a steep fall in Russias arms exports- pushed to...