India's Tata Technologies has signed a Memorandum of Understanding (MoU) with the Vidarbha Defense Industries Association (VDIA) to set up a new aerospace and defense center in Nagpur in the western state of Maharashtra. The Indian government will help promote technological capabilities and develop skilled resources setting up 'NIRMAN', a not-for-profit common facilitation centre for aerospace and defence and 'UDAN', an initiative to provide competency-based education for engineering institutes and universities, the company said in a statement Monday
Boeing and Embraer today announced they have signed a MoU to set up a joint venture comprising the commercial aircraft business of Embraer that would strategically align with Boeings commercial development, production, marketing and lifecycle services operations. Under the terms of the agreement, Boeing will hold an 80 percent ownership stake in the joint venture and Embraer will own the remaining 20 percent stake
Boeing and Embraer have prepared contracts of their proposed tie-up and are expected to submit them to the Brazilian government within two weeks, Brazilian newspaper reported. The proposed merger, which would need the go-ahead from the Brazilian government, would leave Boeing as the majority partner, according to Valor Economico report on its website Monday
Boeing has entered an agreement to acquire KLX, an aviation parts and services provider in an all-cash transaction for $63 per share, approximately $1 billion of net debt, totalling $4.25 billion
Defense contractor General Dynamics and Information technology firm CSRA today announced that they have entered into a definitive agreement under which General Dynamics will acquire all outstanding shares of CSRA for $40.75 in cash
Damen Shipyards Group and Concordia Group have signed a joint venture agreement for the construction and trade of inland waterway vessels. The joint venture will operate under the name Concordia Damen Shipbuilding
Brahmos Aerospace, an Indo-Russian missile manufacturer and India's Godrej Aerospace plan to announce a strategic partnership. The two companies have scheduled a media event tomorrow to announce the partnership
StandardAero has finalized the acquisition of Vector Aerospace 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 said in a statement Friday
Boeing has announced its investment in Gamma Alloys, a developer of advanced metal-matrix composites and nanotechnogy based material for use in aerospace, automotive and other industries. "With funding from Boeing, we will explore compelling applications across demanding industries such as aerospace while accelerating our nanoparticle material development and the full-scale industrialization of our manufacturing processes," said Gamma Alloys CEO Mark Sommer
L3 Technologies has acquired Doss Aviation.The acquisition was completed on September 12, 2017, and the terms were not disclosed
United Technologies Corporation (UTC) will acquire Rockwell Collins for $140.00 per share, in cash and UTC stock, both companies announced yesterday
Israel Aerospace Industries (IAI) and Kalyani Strategic Systems Ltd. (KSSL) have signed a Memorandum of Understanding (MOU) to expand joint venture for establishing a maintenance center for selected advanced air defence systems in Hyderabad in the state of Telengana in India
India Test-fires Surface-to-Surface Short-range Tactical Ballistic Missile
Colt to Supply 10,000 M4, M4A1 Carbine Rifles to Pakistan, Afghanistan, Morocco
UTC Wins $2.4 Billion Contract to Supply Depot Level Repairables to the
US Approves Sale of 50 Phalanx Close-in Weapon System Upgrade kits for
Bharat Electronics Receives INR9200 Crore ($1.8Billion) Order for Naval LRSAM
Argentina Finally Makes Payment For Five Dassault Super Etendard Strike Aircraft
Israel Air Force Considering Boeing F-15 over Additional F-35 Fighter Jets
Philippines, Bangladesh Likely to Buy 100 Turkish-Indonesian KAPLAN Tanks
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The market for fighter jets in countries which are expected to have open competitions is estimated at US$50 billion to...
The Indian MoD's plan to purchase 110 fighter jets may be its costliest fighter jet buy ever with the entire...
Indias plans of integrating the MBDAs meteor missile on its LCA Tejas and Su-30MKI aircraft may not happen due to...