Mil Moscow, Kamov Merge to Build Electric and Unmanned Helicopters
Russias Mil Moscow Helicopter Plant and Kamov have merged to form a joint venture- National Center for Helicopter Engineering (NCV)- to build new types of helicopters such as unmanned, high-speed and electrically powered ones. “Since April 2020, the National Center for Helicopter Engineering (NCV) began operating in Russia
BAE Systems Acquires UK Tech Firm, Techmodal
BAE Systems announced acquisition of Techmodal, a UK-based data consultancy and digital services company, on Wednesday. Techmodal, which is based in Bristol and has approximately 120 employees and 30 associates, has a number of long term contracts with the UK Ministry of Defence (MOD) in support of the UKs armed forces,...
Embraer Buys Brazilian Cybersecurity firm, Tempest
Embraer today announced the signing of a contract for a majority investment in Brazilian Security Intelligence firm, Tempest. The largest cybersecurity company in Brazil, Tempest, positions itself as a provider of complete solutions for business protection in the digital world
Maxar to acquire Saab’s Shares in Vricon Geospatial-Intelligence Data and Software Provider...
Maxar Technologies has announced its intent to acquire Saabs shares in Vricon Inc., a fifty-fifty joint venture
Germany's Thyssenkrupp to Acquire Oceana shipyard in Brazil
Germanys Thyssenkrupp Marine Systems has signed a contract to acquire the Oceana shipyard in Brazil (Itajaí, state of Santa Catarina). The seller is Aliança S
German Naval Yards, Lürssen Announce Merger
German Naval Yards Kiel and Lürssen shipyards announced plans to form a joint venture on Thursday. Earlier this week, owners of both shipyards laid the foundation for a final JV agreement
Mitsubishi to Complete Acquisition of Bombardier's Regional Jet Division on June 1
Mitsubishi Heavy Industries (MHI) and Bombardier Inc. of Canada have agreed that all closing conditions have been met and the transaction pertaining to the acquisition of Canadair Regional Jet (CRJ) Program will close on June 1, 2020
Raytheon Company Registers Order Backlog of $10.2B in Q1 2020, up 25%
Raytheon Company has reported a healthy order book with a book-to-bill ratio of 1.44 and backlogs at the end of first quarter 2020 valued at $51
BAE Systems acquires Raytheon’s Airborne Tactical Radios Division
British defense company BAE Systems completed acquisition of Raytheon Technologies Corporations Airborne Tactical Radios (Airborne Radios) business on Monday. In January, BAE Systems had said it entered into a definitive Asset Purchase Agreement to acquire Collins Aerospaces Military GPS business for $1
Embraer: Boeing “Wrongfully” Terminated JV Agreement, Failed to Pay $4.2B
Embraer has accused Boeing of “wrongfully” terminating the Master Transaction Agreement (MTA) to establish a strategic partnership, and said the company failed to cough up $4.2 billion purchase price
Boeing-Embraer Partnership Approved By Shareholders
Embraer's shareholders today approved the proposed strategic partnership between Boeing and Embraer during an Extraordinary General Shareholders' Meeting held at the companys headquarters in Brazil. At the meeting, 96
U.K. Testing All New Air Defense System in Ukraine
Romanian F-16 Jets Respond to Russian Drone Violation near Ukraine Border
Emirati Shipbuilder ADSB Launches First Falaj 3 Offshore Patrol Vessel
Ireland Orders Four Airbus H145M Helicopters
Russian Su-57 and Chinese J-20 as Alternatives to the American F-35 Stealth Fighter
As the Russian Su-57 stealth fighter jet enters serial production, the debate over how it stacks up against the American...
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