Indias Defence Acquisition Council (DAC), approved 10 capital acquisition proposals amounting to Rs 1,44,7160 crore ($ 17 Billion). Of the total approvals, 99% is from indigenous sources under Buy (Indian) and Buy (lndian-Indigenously Designed Developed and Manufactured) categories, an official release said
Diehl Defence and TAUBER Holding have set up a 50:50 joint venture ‚ ‘TD Services GmbH‘ to serve the expansion of capacities in the fields of ammunition disposal, logistics and inventory management in Germany. While Diehl Defence is a leading supplier of air defence systems, missiles and various other military effectors,...
Indonesia has donated and unspecified number of weapons and ammunition to the special forces of the Cambodian armed forces which were flown aboard a C-130 Hercules aircraft. The handover ceremony was led by Air Vice-Marshal H
The Department of Defense (DoD) of the United States and the Ministry of Defence of the Government of India (IN MoD) have entered into a bilateral Security of Supply Arrangement (SOSA), marking a significant step in the defense cooperation between the two nations. The agreement, which is non-binding, was signed by...
Russia's defense conglomerate, Rostec has initiated a training program for foreign engineers in the manufacture and repair of Russian military equipment. The initiative, unveiled during a recent roundtable, aims to create a unified educational space with partner countries, focusing on the development of specialized engineering talent
Lockheed Martin today signed an agreement to acquire Terran Orbital, a provider of satellite-based solutions to the aerospace and defense industries. Terran Orbital is specialized in robotic manufacturing capacity and modular space vehicle designs
Anduril Industries has announced securing $1.5 billion in funding for its Series F round to scale up defense manufacturing
The Aviation Industry Corporation of China (AVIC) has secured the second spot in the "Defense News Top 100 for 2024" list, surpassing other global defense firms. The annual rankings, published by U
Rheinmetall AG has signed an agreement with Resonant Holdings (Pty) Ltd, to acquire a majority stake in the South Africa based company. The agreement will see Rheinmetall Waffe Munition GmbH, a subsidiary of Rheinmetall, taking a 51% share in the newly established joint venture, Rheinmetall Resonant South Africa
Russian arms manufacturers have increased the production of artillery guns and their ammunition by upto ten times in 2023 over 2022, marking the biggest increase since the start of the Ukraine war. Rostec CEO Sergey Chemezov presented the company's 2023 performance to Russian President Vladimir Putin
The German Defense Ministry has announced plans to acquire a light attack helicopter, an F127 frigate, and an air defense system for short- and very short-range threats. The details were outlined in the
The U.K