Russian Successor to McDonald’s Picks New Logo
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
U.S. Thailand sign First International Armaments Cooperation Collaboration Agreement
The U.S
Rheinmetall, KMW Form JV in Lithuania to Maintain NATO Armored Vehicles
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
Poland, Czech Republic Discuss Joint Defense Equipment Procurement
The defence ministers of Poland and the Czech Republic signed an agreement on mutual military cooperation and the arms industry. On Friday, the June 3th in Prague, Minister Mariusz Blaszczak took part in intergovernmental Polish-Czech consultations, during which he met with the Czech Minister of Defence, Jana Cernochova
Lumibird to Acquire Saab’s Laser Rangefinder Business
Saab AB and European Lumibird SA completed a transaction Tuesday whereby Lumibird, through a newly established Swedish subsidiary based in Gothenburg, is acquiring Saabs laser rangefinder business. The transaction, which was signed in March 2021, was subject to a number of conditions, all of which now have been fulfilled
Kalashnikov Rifle Manufacturing in India Going as Planned, Delayed in Venezuela
Plans to manufacture the Kalashnikov rifles in India is going as per plan but is hit by delays in Venezuela, Vladimir Lepin, general director of the company was quoted as saying in a report by
Leonardo DRS to Transfer Ownership of Advanced Acoustic Concepts JV to Thales
Leonardos U.S
Lockheed Martin Scraps $4.4B Agreement to Acquire Aerojet Rocketdyne
Lockheed Martin today announced it has terminated its agreement to acquire rocket engine maker Aerojet Rocketdyne Holdings, Inc. for $4
U.S. Federal Trade Commission to Block Lockheed’s $4.4 billion Acquisition of Aerojet...
The U.S
UAC Shareholders Approve Sukhoi, MiG Merger
Shareholders of the Russian state-owned United Aircraft Corporation (UAC) approved the merger of two subsidiary aircraft manufacturing companies, JSC Sukhoi Company and JSC RAC MiG, into UAC. The majority of shareholders voted for the reorganization of UAC in the form of joining Sukhoi and MiG to it during an extraordinary meeting of shareholders held on January 17, 2022
Leonardo Acquires 25.1% Shares in HENSOLDT for €606M
Leonardo completed the acquisition of 25.1% of the shares in HENSOLDT AG, a leading German player in the field of sensors for defence and security applications, with an expanding portfolio in sensors, data management and robotics, for a cash consideration of €606 million
Thales Acquires Moog Ground-Based Navigation Aids Business
Thales announced today it acquired the Moog ground-based navigation aids business located in Salt Lake City, Utah. The acquisition was completed after Thales received the required regulatory approvals in October 2021
DARPA Announces First-Ever AI-Controlled F-16 In-Air Combat Tests
S-400 Air Defense System in Crimea Destroyed by ATACMS Missile
Philippines to Receive BrahMos Cruise Missiles on April 19
Australia, Anduril Unveil ‘Ghost Shark’ Autonomous Undersea Vehicle Prototype
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...
Grounding of U.S. Military’s V-22 Osprey Fleet Enters Third Month
The grounding of around 400-strong fleet of Osprey V-22 Tilt-rotor aircraft is in its third month with no update on...
How Indian MQ-9B SkyGuardian Acquisition Plan Changes Drone Equation in South Asia
India has recently gained U