U.A.E.'s EDGE Group Acquires Majority Share in Autonomous Air Systems Developer Swiss...
U.A
Five South Korean Banks Considering $22B Loan to Finance Arms Sales to...
Five South Korean banks have come to the aid of Poland in their quest to acquire $22 billion worth of weapons, marking Seoul's most extensive arms deal, covering the procurement of rocket artillery systems and fighter jets. In a bid to facilitate this significant arms transaction, South Korea is harnessing the...
Turkey, U.A.E. Discuss Joint Defense Projects
Turkey and the United Arab Emirates (U.A
Ukraine’s Ukroboronprom, German Rheinmetall Establish Joint Venture 'RHEINMETALL UDI'
Ukraine's Defense Industry (UDI), formerly known as Ukroboronprom, has entered into a significant joint venture with Germany's Rheinmetall AG, resulting in the establishment of "Rheinmetall Ukrainian Defense Industry LLC" to jointly maintain and produce military equipment. This partnership was officially registered on October 18, 2023, and Ukraine's Prime Minister, Denys Shmyhal,...
Thales Closes Deal to Buy Australian Cybersecurity Firm, Tesserent
Thales has completed its acquisition of Tesserent, a cybersecurity firm based in Australia. The acquisition, initially announced in June 2023, has solidified Thales's position in the cybersecurity sector, furthering its commitment to enhancing global cyber defenses
Safran Acquires Thales’ Aeronautical Electrical Systems Business
Safran Electrical & Power has completed buying Thales' business that makes electrical systems for planes, including power conversion, generation, and motors for both civilian and military aircraft. This buyout follows exclusive negotiations announced in September 2022
Germany's Federal Cartel Office Clears Rheinmetall-Ukrainian Defence Industry Joint Venture in Kyiv
Germanys Federal Cartel Office, Bundeskartellamt, cleared the way for establishing a joint venture between Rheinmetall Landsysteme GmbH and Ukrainian Defence Industry group (UDI), the former Ukroboronprom, on Thursday. Authorization from other relevant agencies has already been applied for and is expected to come shortly
Leonardo DRS to De-list from Tel Aviv Stock Exchange
Leonardo DRS, Inc. has announced its intention to voluntarily remove its common stock from the Tel Aviv Stock Exchange (the "TASE")
Top 10 U.S. Defense Firms Receive Contracts Worth $150B in 2022
The Department of Defense Office of Local Defense Community Cooperation stated in its Fiscal Year 2022 Defense Spending by State report today that the top 10 defense firms secured U.S
French Photonis Group Renamed to Exosens
French firm, PHOTONIS GROUP, which specializes in differentiated technology for detection, imaging, and lighting, is currently undergoing a corporate rebranding initiative and will henceforth be known as Exosens. The company, under the ownership of Groupe HLD since 2021, is undergoing a profound transformation by venturing into adjacent technologies and expanding into the particle detection markets
AeroVironment Completes Acquisition of Tomahawk Robotics
AeroVironment has completed its acquisition of Tomahawk Robotics, a company dealing with AI-enabled robotic control and integrated communications systems. AeroVironment signed a definitive agreement to purchase Tomahawk Robotics in August for a total purchase price of $120 million to be paid in a mix of cash and stock
Saab Acquires AI-enabled Autonomous Swarm Systems Provider “BlueBear”
Saab has completed acquisition of U.K
First 6 Rafales for the Croatian Air Force just Landed in Zagreb
Rostec firm Develops Portable Radar to Detect Drones at Ultra-low Altitudes
Oshkosh Defense Secures $40M Contract Extension for ROGUE-Fires UGV
European Defence Fund Supports STORE Project to Enhance Land Forces' Imaging Systems...
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...
China’s “Moderate” 2024 Defense Budget Hides Frenetic Military Build-up
China on Tuesday revealed a draft defense budget draft for 2024 amounting to 1
Battle of Counter-Drone SAMs- Raytheon's Coyote Vs. Russian Pantsir-S1
The spectacular success of drones on the battlefield in Ukraine has prompted Russia and the United States to develop counter-measures...