European Parliament Approves Joint Defense Industrial Development Program

July 4, 2018 @ 03:15 PM

The members of the European Parliament have approved a proposal to establish a European defence industrial development programme, under which €500 million would be allocated from the EU budget for 2019-2020 to co-finance the joint development of new defence technologies and equipment. The EU will be able to spend money...

EU sets Up $12 Billion 'Peace Facility' for Peace Keeping Ops

June 14, 2018 @ 02:10 PM

The European Union launched a 10.5-billion euro ($12

European Union Defence Spending at Euro 200 Billion in 2016

May 18, 2018 @ 01:29 PM

The 28-member European Union spent €200 billion ($222 billion) on defence in 2016, the same figure as in 2015, Eurostat announced Friday. The EU, most of whose members share NATO membership with the United States are under pressure from Washington to increase military spending and buy more American arms

European Union Kicks off Leonardo-led Maritime Defence Research Project

March 28, 2018 @ 04:13 PM

Leonardo announced today the signature of the grant agreement for OCEAN2020, a project related to the initiative to boost Europe's defence research under the European Defence Fund. "OCEAN2020 will make it possible to promote technological research in a sector of great interest and relevance for Europe and for the Mediterranean area...

Saab Acquires Swedish Combat Boat Manufacturer, Repair Shipyard

December 22, 2017 @ 09:00 AM

Saab acquired Swedish combat boat producer N. Sundin Dockstavarvet AB and the repair shipyard Muskövarvet AB, in order to strengthen Saabs product offering in the naval domain

Germany's SPD Wants European Army, No To Trump's NATO spending Hike Plan

August 7, 2017 @ 04:57 PM

Germany's Social Democrats (SPD) on Sunday rejected NATO's target of spending 2 percent of national output on defense. The party leaders also accused German Chancellor Angela Merkel and the other conservatives that they are bending down to the demands of US President Donald Trump,

Chinese Warships Join Russian War Games In Baltic Sea

July 26, 2017 @ 04:07 PM

Russian and Chinese warships held gun firing exercises in the Baltic Sea Tuesday as part of the "Joint Sea 2017" naval drills. The Joint Sea 2017 drills commenced Saturday and will last until July 28, Xinhua reported Wednesday

Leonardo Inaugurates New Airborne Systems Facility In Italy's Abruzzo region

July 25, 2017 @ 02:08 PM

Leonardo has inaugurated its airborne systems facility in LAquila, Italy that is also home to Thales Alenia Space (a joint venture between Thales, 67% and Leonardo, 33%) which opened a major site in the city in 2013. LAquila, the capital of Italys Abruzzo region, is one of the birthplaces of Leonardos airborne and space systems division

Germany Freezes Arms Sales To Turkey

July 21, 2017 @ 03:50 PM

Germany has frozen all arms shipment to Turkey, following Ankaras arrest of many human rights activists, including a German national. Berlin issued its travel advisory Thursday for Turkey

Slovakian Army Deploys Saab's Carl-Gustaf M4 System

July 19, 2017 @ 11:24 AM

Slovakia has received Carl-Gustaf M4 multi-role weapons from Saab, becoming the first country to deploy this new weapon. Slovakias defence ministry decided to acquire the new Carl-Gustaf M4 system in order to further strengthen their defence capability, the company announced Tuesday

StandardAero To Acquire Vector Aerospace Holding SAS From Airbus

July 6, 2017 @ 07:50 AM

StandardAero Aviation has entered into exclusive negotiations to acquire Vector Aerospace Holding SAS (“Vector”) from Airbus. Vector is a global aerospace maintenance, repair and overhaul company, providing responsive, quality support for turbine engines, components, fixed- and rotary-wing aircraft, the company announced Thursday

Germany, France Preparing Proposals For Defense Fund

June 12, 2017 @ 04:04 PM

Germany and France are working out specific proposals for a European Union defense fund ahead of a bilateral ministerial meeting on July 13. "Joint work on drones, military transports and combined efforts to stabilize the African Sahel region were projects that could be funded by the new plan," German Defence Minister Ursula von der Leyen said in an interview published on Saturday