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
UAC Announces Merger with Sukhoi, MiG
Russias United Aircraft Corporation (UAC) announced today that it had merged with the Sukhoi aircraft manufacturer and the MiG aerospace firm. UAC Board of Directors approved the merger of the three companies on November 30
Rheinmetall to Buy Over 25% Stake in Hungary’s 4iG Nyrt Company
Rheinmetall signed a letter of intent with Hungarian IT company 4iG Nyrt with an intention to buy 25.1% stake
Rheinmetall Acquires German Drone Manufacturer EMT
Rheinmetall is taking over the activities of EMT, a well-known German unmanned aerial vehicle maker. The Group intends to maintain the company's four locations in Bavaria and Schleswig-Holstein and to integrate the current staff into the Rheinmetall workforce
BAE Systems Plans to Acquire Bohemia Interactive Simulations
BAE Systems said it has entered into a definitive agreement to acquire Bohemia Interactive Simulations (BISim), a global software developer of simulation training solutions for military organizations. Over the coming months, the company will undertake the customary regulatory and pre-closing activities necessary to complete this type of international transaction
IMCO Group Acquires Israeli Drone Maker ‘Innocon’
IMCO Group has acquired Innocon Ltd., a company that manufactures Micro, Mini and Tactical unmanned aerial systems (UAS) as well as mission systems for manned light airplanes
BAE Systems Acquires UK-Based In-Space Missions
BAE Systems announced today it acquired In-Space Missions, a UK company that designs, builds and operates satellites and satellite systems. In-Space Missions was founded in 2015 and is based in Hampshire with more than 30 employees
Raytheon to Acquire SEAKR Engineering
Raytheon Technologies signed a definitive agreement today to acquire privately-held SEAKR Engineering, Inc., a supplier of advanced space electronics
Rolls-Royce to Sell Stake in AirTanker Holdings to Equitix Investment Management Ltd
Rolls-Royce has announced the sale of its 23.1% shareholding in AirTanker Holdings Limited to Equitix Investment Management Limited for cash proceeds of £189million ($261
Collins Aerospace to Acquire Flight Tracking Platform 'FlightAware'
Collins Aerospace, a Raytheon Technologies business, plans to acquire privately held FlightAware, a digital aviation company providing global flight tracking solutions, predictive technology, analytics and decision-making tools. Closure of the acquisition is subject to the completion of customary conditions and regulatory approvals
British Govt Asks Competition Authority to Investigate Ultra Electronics Takeover By Cobham
The British government will review Cobham Group's proposed acquisition of Ultra Electronics, citing potential “national security concerns” about the deal. While Cobham and Ultra are both based in the United Kingdom, Cobham is owned by U
Russia’s New Anti-drone Innovation- Rubber Mats for Tanks
Iraq Buys 12 Airbus H225M Helicopters 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
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...