• AeroVironment converts second loan into CybAero equity stake

    US unmanned systems manufacturer AeroVironment has converted a second loan to Swedish unmanned aircraft system developer CybAero into an equity holding, it was announced on 21 August. In December 2012 AeroVironment invested USD3 million in CybAero through two convertible loans, each worth SEK10

  • Australia looks to bring forward elements of Future Frigate project

    Australian Defence Minister David Johnston has outlined a potential plan to bring forward elements of the programme to locally build eight Future Frigates for the Royal Australian Navy (RAN) in a bid to bridge an anticipated gap in naval shipbuilding over the next few years. Speaking on 21 August

  • Austria further reduces QRA capabilities

    More austerity-induced cuts are being made to Austria's active air surveillance capabilities. The head of the combat section in the Austrian Ministry of Defence (MoD), Major General Karl Schmidseder, told a press conference on 20 August that the Bundesheer's 15 Eurofighter Typhoon fighters will be

  • CACI reports revenue down, contract awards up for fourth quarter

    Services contractor CACI reported its fourth quarter revenue was down 1% compared with the same quarter in 2013, although contract awards were up 24%. The report, announced at the close of business on 20 August, marked the end of a fiscal year that saw revenue down 3%, although costs fell 3% as

  • German government promotes industrial consolidation

    Germany is to promote industry consolidation in Europe, the German Minister for Economic Affairs and Energy Sigmar Gabriel announced on 19 August. Gabriel, a member of the Social Democratic Party, said that the country's industry perspectives "do not depend on exports alone". "We


  • Mixed fates

    The post-Cold War destinies of the Russian, Ukrainian, Polish and Belarusian defence industries have ultimately seen them tread very different paths. Nick de Larrinaga reports
  • Road to recovery

    Mergers and acquisitions activity in the defence and security domains showed tentative signs of recovery in the second quarter of the year, writes Guy Anderson
  • IHS Jane's World Defence Industry Survey 2014

    Budget issues, changing customer requirements, shifting political environments, and price pressures continue to drive competition in global defence markets, according to the IHS Jane's World Defence Industry Survey 2014. Guy Anderson, Stephen Andrews, and Marcia Clough report
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  • China unveils ASW version of Z-18 helicopter

    A new anti-submarine warfare (ASW) helicopter for the People's Liberation Army Navy (PLAN) is undergoing trials and testing, according to news reports and Chinese military websites. The aircraft, believed to be designated Z-18F, has been developed from the Changhe Aircraft Industry Group (CAIG)
  • New Zealand's OPVs complete Typhoon gun acceptance trials

    The Royal New Zealand Navy's (RNZN's) Otago-class offshore patrol vessels (OPVs), HMNZS Otago and HMNZS Wellington , have completed successful acceptance trials of the Typhoon naval gun system, an RNZN spokesperson told IHS Jane's on 20 August. The trials were conducted over 11-12 August at an
  • USAF extends BACN mission support contract through 2015

    The US Air Force (USAF) has awarded Northrop Grumman a USD89.7 million support contract for the Battlefield Airborne Communications Node (BACN) system, the company said in a 7 August press statement. The company will continue its overseas operational support of the USAF's seven systems through