Hypersonics Flight Test Firm Stratolaunch acquires Bankrupt Virgin Orbit's 747 Aircraft

May 26, 2023 @ 10:55 AM

Stratolaunch said it has received approval from the U.S

Russia, Chinese Strategic Rocket Forces Could have "Exchanges" under New Cooperation

April 19, 2023 @ 11:54 AM

As part of agreements reached during Chinese and Russian defense ministers meeting in Moscow on Tuesday, more military services could start to have exchanges, like strategic rocket forces. Zhang Hong, an associate research fellow at the Institute of Russian, Eastern European and Central Asian Studies of the Chinese Academy of Social...

Boeing Subsidiary ForeFlight Acquires Flight Debriefing Software Provider CloudAhoy

April 6, 2023 @ 07:16 AM

ForeFlight, a Boeing Company, has announced that it has acquired CloudAhoy, a provider of post-flight debriefing, analytics and flight operations quality assurance (FOQA) software products for flight training, as well as business, general and military aviation pilots and operators. Specifically, the deal strengthens ForeFlights data analytics tools and services, which provide...

S.Korean Hanwha Group Set to Acquire Daewoo Shipbuilding in a $1.39 Billion...

September 26, 2022 @ 12:32 PM

South Korea's Hanwha Group signed a conditional memorandum of understanding (MoU) with Daewoo Shipbuilding & Marine Engineering (DSME) to acquire a controlling stake of 49.3% and managerial control of the shipbuilder

Saab Picks Minority Shareholding in Swedish Electric Aircraft Maker, Heart Aerospace

September 16, 2022 @ 08:07 AM

Saab has committed to becoming a minority shareholder in the Swedish electric aircraft manufacturer Heart Aerospace with a $5 million investment. Saab and Heart Aerospace have also signed a collaboration agreement regarding the supply of subsystems and the exploration of further areas of collaboration, including certification and manufacturing

AeroVironment Acquires UAS Navigation Solutions Provider ‘Planck’

August 18, 2022 @ 08:27 AM

AeroVironment has acquired Planck Aerosystems, Inc. (“Planck”), a provider of advanced unmanned aircraft navigation solutions

Israel’s Rafael Acquires U.S.-Based Electro-Optic Systems Manufacturing Company ‘PVP AEO’...

July 5, 2022 @ 06:23 AM

Israels Rafael Advanced Defense Systems Ltd. said it has completed the acquisition of PVP Advanced EO Systems, Inc

Leonardo DRS, Israeli Electronics Firm RADA Announce Merger

June 22, 2022 @ 10:20 AM

Leonardo DRS, the U.S

Russian Successor to McDonald’s Picks New Logo

June 10, 2022 @ 03:10 PM

The fast-food service, which will replace America's McDonalds in Russia, has selected a new logo. Sistema PBO, the company that now manages the Russian business previously owned by McDonalds, is preparing to reopen its first string of restaurants in Moscow on June 12

Rheinmetall, KMW Form JV in Lithuania to Maintain NATO Armored Vehicles

June 8, 2022 @ 07:42 AM

Rheinmetall and Krauss-Maffei Wegmann (KMW) have established a joint venture in Lithuania for providing comprehensive logistical support for combat vehicles belonging to the NATO nations stationed in the Baltic States. Known as Lithuania Defense Services, the company will commence operations in Jonava in May 2022