Leonardo-Finmeccanica has acquired full control of Sistemi Dinamici from IDS Friday. The control of the company, which involved the remaining 60 percent of shares, is aimed at further strengthening Leonardo in unmanned products thanks to the acquisition of the new unmanned lightweight helicopter SD-150 Hero program
Meggitt has sold its defense unit to UK firm QinetiQ for 57.5 million pounds ($71 million) as the aerospace and engineering group intends to focus on its larger market
RUAG Defence division is acquiring the British Cyber Security specialist 'Clearswift' for expansion and long-term development of its cyber security business. Clearswift's products will be a significant addition to the RUAG Defence Cyber Security business unit
Rockwell Collins will acquire B/E Aerospace for approximately $6.4 billion in cash and stock, plus the assumption of $1
Indias ABG shipyard is likely to sell a stake to a Russian firm to inject finances into the loss-making firm. The Mumbai based naval shipbuilder has confirmed that it engaged with a Russian firm to sell a stake to improve the companys financial strength but it did not reveal which Russian firm as discussion is going on,
Saab has acquired Denmarks Nordic Defence Industries (NDI) that manufactures mine disposal charge systems for the naval defense industry. “With the acquisition, our regional footprint will be strengthened as well as our role as a global supplier of Mine Counter Measure solutions,” said Görgen Johansson, head of business area Dynamics in a statement Tuesday
Rostec Corporation is planning to sell a stake in its rotorcraft designer and manufacturer Russian Helicopters to the Mubadala foundation of Abu Dhabi. Officials from Rostec and Mubadala foundation are currently in talks to sell the stake, head of Rostec Sergey Chemezov told TASS today
Boeing has said it would take a close look at the proposed merger of Honeywell and United Technologies. “Healthy competition in our supply chain is vitally important to Boeing and our commercial and military customers,” the company said in a statement
Cameroon Receives US$7.3million Military Assistance from China
Qatar to Buy Russian Kalashnikov Rifles, Anti-tank Missile Systems
Russian Nuclear-powered Sub Takes Part in Naval Parade for the First Time
Chinese Scientist Develops Full Electric Propulsion for Warships
Turkish Firm Wins Tender to Build Four Corvettes for Pakistan Navy
Turkey’s First Indigenous Aircraft Carrier To Be Ready in 2021
Boeing Apache, Turkish ATAK Compete in Moroccan Helicopter Program
Philippine $5.6 Billion Horizon-2 Phase to Fund Four Frigates, Submarines
The Russian ministry of defense on Thursday published a series of videos showcasing the production, deployment and installation and testing...
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...
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One of the most interesting exhibits at the Dubai Air show 2017 occupies a corner in the Aviation Industries Corporation...