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
Lockheed Appoints Jim Taiclet as President and CEO
Lockheed Martin appointed Gulf War veteran and pilot James D. Taiclet, 60, as president and CEO of the company, today
US Allocates $250M Ukraine Security Assistance Fund against ‘Russian aggression’
The US Department of Defense will allocate $250 million in Fiscal Year 2020 Ukraine Security Assistance Initiative (USAI) funds for additional training, equipment, and advisory efforts to enable Ukraines capacity to more effectively defend itself against ‘Russian aggression. The USAI funds – $125 million of which was conditional on Ukraines progress...
France Speeds Up Aircraft Procurement to Revive Ailing Aerospace Industry
France will accelerate procurement of drones, helicopters and tanker planes as part of a larger potential recovery plan to help aerospace industry cope with the economic crisis caused by COVID-19 outbreak. The announcement was made by French defense minister Florence Parly on Tuesday
South Korea to Defer US Missile Purchase as Part of $225 Million...
South Korea has decided to defer the purchase of US-made ship-to-air missiles worth 70 billion Won (US$57.5 million) as part of a 300 billion Won ($244
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
China’s Defense Budget Doubles to $178.2B in a Decade
China has set aside 1.268 trillion yuan ($178
India to sign defense contracts valued below INR 200 Crore with local
The Indian Defense Ministry will sign contracts valued equal to or less than INR 200 crore ($23.4 million) with only local firms
India Announces Measures to Cut Defence Imports
India plans to strengthen its “Make in India” initiative by building its own military equipment and curbing imports, under its whopping $265.2 billion (INR 20 lakh crore) economic package
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
Power Plant Catches Fire in Iran’s Ahwaz After Transformer Explodes
MBDA MMP Missile to get Beyond-Line-of-Sight Capability
Israeli Cyber Attack or Accident- What Caused Iran Nuclear Facility Explosion?
French Army to Receive GRIFFON Combat Vehicle Command Post Version by Yearend
Russian Pantsir Air Defense System- Sitting duck or Top Dog?
Russian Pantsir air defense system (ADS) has been much maligned in the war zones of Syria and Libya as having...
Free Flow of Weapons Make Peace Difficult in Libya
An almost in-exhaustible flow of weapons to the two main fighting sides in the Libyan conflict has made peace a...
Land of the Blazing Guns: Japan’s Quest for Advanced Weapons
After laying to rest its pacifist post-World War II posture since the government of Prime Minister Shinzo Abe came to...
Mixing Business with Pressure: Chinese Arms Sales in South East Asia
China is pulling off the impossible- selling arms to nations it is in conflict with over its claim in the...
US, Europe Arms Embargo to Derail Several Turkish Procurement Programs
Several joint production and direct procurement programs could be halted if the US and Europe carry through with their threat...
Unconventional Military Hardware from Iran
Sanctions-hit Iran has found ingenious ways to develop military hardware