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AeroVironment to Acquire Tomahawk Robotics

August 23, 2023 @ 04:42 AM

AeroVironment said it is planning to acquire Tomahawk Robotics, a company that deals with AI-enabled robotic control systems. “The acquisition will enable deeper integration of both companies technology, leading to enhanced interoperability and interconnectivity of unmanned systems through a singular platform with similar control features

Rooboronexport Signs Export Contracts Worth $600 Million at Army 2023

August 19, 2023 @ 06:04 PM

Russias Rosoboronexport signed contracts worth $600 million with several foreign customers at the Army 2023 event in Moscow. It reached agreements on the joint production of Kalashnikov assault rifles, armored vehicles, guided missiles on the territory of customers, besides the installation of Russia-made combat modules of various calibers on the chassis...

BAE Systems to Acquire Ball Aerospace for $5.55B

August 17, 2023 @ 02:01 PM

BAE Systems planned acquisition of Ball Aerospace for $5.55 billion is expected to boost its position across a range of activities, notably the

Brazilian and Saudi Defense Companies Eye Joint Ventures, Technology Transfers

August 11, 2023 @ 05:37 AM

Brazilian industry association FIESP said several Brazilian and Saudi defense companies have signed agreements that could lead to joint ventures and technology-sharing agreements. The Saudi businesses involved in the potential effort are Scopa Defense and Alqahtani Holding, and the Brazilian firms are weapon manufacturer Taurus, rocket and missile maker Avibras, aircraft...

Under Shadow of Ukraine War, Rosoboronexport to Display 'Battle-Tested' Weapons at ARMY-2023

August 10, 2023 @ 02:24 PM

A range of “battle-tested” weapons will be showcased by Russias Rosoboronexport at the upcoming VIII Army 2023 International Military-Technical Forum to be held from August 14-20 at the Patriot Exhibition and Convention Center. The company has allocated a dedicated section at its stand for weapons that have been “successful” against Western...

Pakistan Aerospace Park, Turkish Drone-maker Baykar Sign Cooperation Agreement

August 5, 2023 @ 11:08 AM

Pakistans National Aerospace Science and Technology Park (NASTP), which was officially opened on August 4 signed a cooperation agreement with Turkish Drone maker, Baykar for R & D. With the R&D studies that Baykar will carry out within NASTP, the foundation of the comprehensive cooperation to be carried out in the future has been laid

Rheinmetall Completes Acquisition of Spain’s Expal Systems

August 2, 2023 @ 05:14 AM

Rheinmetall AG said it has completed its takeover of all shares in Expal Systems S.A

Russian MoD to Sign Contracts Worth $4.7B at Army 2023 Show

August 1, 2023 @ 07:21 AM

Russia's Defense Ministry plans to conclude contracts worth more than 433 billion rubles ($4.7 bln) at the Army-2023 International Military-Technical Forum to be held in Moscow later this month

Poland Seeks $15B loan from South Korea to Fund Arms Purchase

July 29, 2023 @ 06:39 AM

The Polish government has requested a loan worth 20 trillion won ($15.6 billion) from South Korea to finance a major defense purchase

Moscow Prepares to Hardsell "Battle Tested" Drones at Russia-Africa Forum

July 26, 2023 @ 06:48 AM

Rosoboronexport will exhibit popular “battle-tested” drones at an exhibition that will be part of the second Russia-Africa Forum slated to take place in St. Petersburg from July 27-28

Safran Offers $1.8B Cash to Acquire Collins Aerospace's Flight Control Business

July 24, 2023 @ 06:51 AM

Safran has announced the acquisition of Collins Aerospaces actuation and flight control business for $1.8 billion

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