Airbus Finalises Acquisition of Flexrotor VTOL UAS Developer ‘Aerovel’
Airbus announced Tuesday that it has finalised the acquisition of U.S
Czech Firm, RSBC Group Acquires Austrian STEYR ARMS
RSBC Investment Group has completed the acquisition of STEYR ARMS, the Austrian firearm manufacturer, on April 23. RSBC Group has acquired 100% ownership of STEYR ARMS from its previous owner, SMH Holding GmbH
L3Harris Sells Antenna Business for $200M
L3Harris Technologies has signed an agreement under which an affiliate of Kanders & Company, Inc. will acquire its antenna and related businesses for $200 million
Austal Confirms Receipt of Conditional Acquisition Proposal from Hanwha Ocean
Austal Limited confirmed on April 1, that it received an unsolicited, conditional, and non-binding indicative proposal from Hanwha Ocean Co., Ltd
Airbus to Acquire German Cybersecurity Company INFODAS
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
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
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
AERO Vodochody Acquires Czech Parts Supplier, Technometra
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
Boeing in Talks to Acquire Spirit AeroSystems
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...
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
BAE Systems Acquires Malloy Aeronautics to Expand Uncrewed Aerial Systems Portfolio
BAE Systems has finalized the acquisition of Malloy Aeronautics, a company specializing in heavy lift drone and aeronautical technologies. This move is part of BAE Systems' broader strategy to invest in technologies and augment its capabilities in the uncrewed aerial systems (UAS) sector
Iraq Buys 12 Airbus H225M Helicopter to Replace Mi-17s
Dutch Missiles for Kyiv’s F-16s can be Used Only Within Ukrainian Airspace...
Ukraine, U.S., Developing "Replacement" for S-300 Air Defense system
UK to Provide Lightweight Multirole Missiles to Ukraine
NATO’s Intensified Exercises a Prep to Attack Russia?
Recent NATO exercises such as the BALTOPS-24, Steadfast Defender 2024 and its first-ever Basic Fighter Maneuvers exercise have been its...
Precision in the Skies: The Evolution of Loitering Munitions
Loitering munitions - drones that hover over a target and blow up near it - have become the weapon of...
Is the Patriot Air Defense System Outdated?
After Israel revealed its decision to decommission its U
Russia's Growing Influence in Africa: Arms Sales and Military Bases
Russia's expanding influence in Africa, demonstrated by arms sales, military deployments, and diplomatic engagements, reflects a significant geopolitical shift on...
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...