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Airbus to Acquire German Cybersecurity Company INFODAS

March 25, 2024 @ 12:00 PM

Airbus Defence and Space has confirmed its agreement to acquire INFODAS, a German company specializing in cybersecurity and IT solutions for the public sector, including defense and critical infrastructures. The acquisition is pending customary regulatory approvals and is expected to be completed by the end of 2024

Boeing Eyes Cutting Airbus Ties in Spirit AeroSystems Talks

March 20, 2024 @ 11:43 AM

Boeing is considering reducing Spirit AeroSystems' links to its competitor Airbus amid complications in Boeing's bid to reclaim its former subsidiary. This decision, first reported by

Airbus Ends Acquisition Bid of ATOS' Big Data and Security Business

March 20, 2024 @ 04:28 AM

Airbus has decided to halt discussions with Atos regarding the potential acquisition of its Big Data and Security (BDS) business line, dealing a blow to Atos's efforts to overcome financial hurdles. The

Denmark to Increase 2024-28 Defense Spending by DDK 40.5 Billion ($4.8 Billion)

March 16, 2024 @ 03:08 AM

The government of Denmark plans to raise defense spending by a total of DKK 40.5 billion ($4

Chinese Military Delegation Visits Maldives, Sri Lanka & Nepal

March 13, 2024 @ 12:18 PM

A Chinese People's Liberation Army (PLA) delegation for international military cooperation visited Maldives, Sri Lanka and Nepal from March 4 to 13, announced the Chinese Defense Ministry on Wednesday. During the visits, the Chinese delegation met with the President of Maldives and held talks with the defense authorities of three countries...

AERO Vodochody Acquires Czech Parts Supplier, Technometra

March 11, 2024 @ 04:54 PM

Czech aircraft maker, AERO Vodochody AEROSPACE has acquired 100% of Technometra Český Brod, one of Aeros major suppliers for the new L-39NG aircraft and also supplies and repairs aggregates for older aircraft manufactured by Aero. The acquisition of Technometra Český Brod was completed on 7 March 2024, when Aero became a 100% shareholder of Technometra

Iran Displays "Gaza" Drone, Other Weapons at DIMDEX 2024

March 5, 2024 @ 06:20 AM

Iran has showcased a range of weapons at the Doha International Maritime Defense Exhibition and Conference (DIMDEX) 2024, including radars, air defense systems, and the ‘Gaza drone. Iranian Defense Minister Brigadier General Mohammad Reza Ashtiani is present at DIMDEX 2024, actively participating in the military exhibition and engaging in discussions with Qatari officials

Boeing in Talks to Acquire Spirit AeroSystems

March 4, 2024 @ 08:34 AM

Boeing has officially confirmed ongoing discussions regarding the potential acquisition of Spirit AeroSystems. The collaboration aims to strengthen the manufacturing operations of both companies, with Boeing expressing confidence that the reintegration could enhance aviation safety and overall product quality

U.A.E.’s EDGE Group, Italy’s Fincantieri Announce €30B Joint Venture for Naval Manufacturing...

February 22, 2024 @ 05:35 AM

EDGE Group and Fincantieri have officially entered into a term sheet to establish a joint venture (JV) with a focus on manufacturing naval vessels. The term sheet formalization took place at Palazzo Marina in Rome, Italy, on Wednesday in the presence of key officials from both organizations and high-ranking military figures

Adani, Mahindra, HAL in Indian Defence Industry Delegation to Philippines

February 19, 2024 @ 06:56 AM

The Indian government has dispatched a delegation of 18 companies, including major players like Adani, Mahindra, and Hindustan Aeronautics Limited (HAL), to Manila with the aim of showcasing their military technologies and exploring potential defence industry partnerships with the Philippines. India is offering a soft loan to support the Philippines in defence modernization, provided by the Export-Import Bank of India (EXIM Bank) with a concessional interest rate of 1

Russian Defense Minister Urges Expedited Production of Anti-tank missile systems

February 15, 2024 @ 08:31 AM

In a recent visit to the troops of the Western Military District, the Minister of Defence of the Russian Federation, Sergei Shoigu, inspected the state defense order for the production of portable and operational-tactical missile systems. The focus of his scrutiny was the Mechanical Engineering Design Bureau Research and Production Corporation, located in the Moscow region

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