FLIR Systems has been cleared of misappropriating trade secrets in a long-running dispute with Raytheon. The case, heard in the US District Court for the Eastern District of Texas, related to the way in which infrared detector maker Indigo Systems – acquired by FLIR way back in 2004 – manufactured its products, Optics
Thales announced today that it has accepted the resignation of its CEO and Chairman, Jean-Bernard Lévy during a board meeting and has appointed Philippe Logak as the acting Chairman and CEO. Jean-Bernard Lévy has been appointed Chairman and Chief Executive Officer of Eléctricité de France (EDF)
United Technologies has announced Tuesday that Chief Executive Officer Louis Chenevert has stepped down and will be succeeded by Gregory Hayes, who has been serving as the company's chief financial officer. The decision comes as a surprise as the company struggles to boost growth in several key units, Bloomberg reported
Boeing and six Danish defense companies signed agreements to jointly pursue a range of business opportunities in defense and aerospace-related manufacturing, maintenance, software and simulation integration, and other areas Friday. The agreements with Danish Aerotech, Falck Schmidt Defence Systems, IFAD, Multicut, Systematic and Terma are key elements of Boeings industrial plan related to its F/A-18 Super Hornet offering to Denmark
Safran and Bharat Forge announced a long-term partnership to supply critical high integrity forged and machined components for Indian commercial aircraft applications to Safrans global affiliates last week. Over the past 18 months, Safran and Bharat Forge have worked on a demonstrator phase for initial trial production of critical forgings in a variety of materials; including titanium, nickel based and steel alloys, for aerospace
The Indian MOD should provide a list of state-of-the-art technologies where foreign direct investment (FDI) of more than 49% can be considered, CEO of Airbus Defence & Space India, Peter Gutsmiedl said. Gutsmiedl was speaking at a discussion on the defence procurement procedure (DPP) of the MoD which was recently modified to increase FDI from 26% to 49%
The head of the Guatemalan military's Joint Chiefs of Staff General Rudy Ortiz along with four other military officers died in a helicopter crash Wednesday near the border with Mexico, media reports citing Government officials said. Interior Secretary Mauricio Lopez told local media that the helicopter went down in a mountainous area of the western province of Huehuetenango
Patrick Boissier, chairman and CEO of DCNS intends to cut short his tenure by five months, DCNS said in a release. The decision was taken by him to provide clearness on the designation of the next Chairman and CEO
Honeywell Aerospace India today announced the two changes to its senior executive team in India. Pritam Bhavnani has been named President, India and High Growth Regions, according to an official statement
A total of 13 Crimean-based Ukrainian defense enterprises manufacturing a variety of hardware including the Odessa Aviation Plant and a Joint Stock Company (JSC) Motor Sich will be taken over by Russia. Following the merger of Crimea with Russia the latter plans to infuse capital and technology to modernize the plants, Russian and Ukrainian sources told Defenseworld
Textron has completed the acquisition of Beech Holdings, LLC, parent company of Beechcraft Corp., naming a new business segment called Textron Aviation
Lockheed Martin has entered into a definitive agreement to acquire Industrial Defender, a provider of cyber security solutions for control systems in the oil and gas, utility and chemical industries. Subject to the satisfaction of customary closing conditions, the acquisition is expected to close within 30 days
New Turkish-Ukrainian Combat Drone makes its first flight
Naval Group, UNSW Sydney Demo New Carbon-Fibre Material for Marine Vessels
Northrop, USAF to Tap Solar Power for Operation in Remote Military Bases
Russia's Only Aircraft Carrier Catches Fire During Engine Repairs
Germany To Finalise Order for 38 Eurofighter Jets, 110 E-Scan Radars
Turkish Navy to get First Indigenous Aircraft Carrier in 2020
Bechtel Bags US Navy's $1.4Bn Naval Nuclear Propulsion Components Contract
Su-57 Performs 16 Flights with New, Powerful Engine
Several joint production and direct procurement programs could be halted if the US and Europe carry through with their threat...
Sanctions-hit Iran has found ingenious ways to develop military hardware
Artificial Intelligence (AI) is rapidly permeating the defence industry to aid and improve human decision-making
Upgrade of Russias Sukhoi Su-30SM fighters to equip them with armaments, radar, sensors and engines from the more powerful Su-35...
US companies sanctioned by China for supplying weapons to Taiwan may be denied rare earth elements (REEs), which have critical...
While the US F-35 stealth aircraft has become one the fastest selling fighter jets in the world aircraft market, thanks...