Rheinmetall Acquires Majority Stake in Romanian Vehicle Maker, Automecanica Medias
Rheinmetall is set to acquire a 72.5% majority holding in Automecanica Mediaș, a Romanian vehicle maker, as part of its ongoing expansion in Central Europe
Airbus U.S. Purchases its 50% share of the Airbus OneWeb Satellites Joint...
Airbus U.S
Belgium’s John Cockerill to Acquire French Military Vehicle Supplier Arquus
John Cockerill, a supplier of light tank turrets and simulation systems, has entered an exclusive agreement with the Volvo Group to acquire Arquus, Frances primary military vehicle supplier. The
Airbus Helicopters to Acquire VTOL UAV Manufacturer, Aerovel
Airbus Helicopters and Aerovel have inked an agreement for Airbus to acquire Aerovel and its unmanned aerial system (UAS), Flexrotor. The move is part of Airbus' strategic plan to bolster its portfolio of tactical unmanned solutions
Diehl Defence Acquires Precision Parts Manufacturer ‘Allweier’
Germany's Diehl Defence officially announced its acquisition of Allweier, a precision parts manufacturer based in Überlingen. The company said it will take over Allweier on January 1, 2024
U.A.E.'s EDGE Group Acquires Majority Share in Autonomous Air Systems Developer Swiss...
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, made the announcement during the German-Ukrainian Business Forum in Berlin, where Germany's Federal Chancellor, Olaf Scholz, was also present
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
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
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...