Industry
  • Airbus Group announces management reshuffle

    European aerospace group Airbus has confirmed a number of senior management appointments as it implements changes to the Airbus Helicopters, Aerolia and Airbus Defence and Space businesses. In a statement released on 15 April the company said that former Aerolia Chief Executive (CEO) Christian

  • GKN reports increased Q1 revenues, profits

    UK engineering company GKN has increased revenues and profits in the first quarter of 2014 according to financial statements released by the company on 15 April. GKN saw sales increase from GBP1.89 billion (USD3.16 billion) in Q1 2013 to GBP1.91 billion in Q1 2014, while trading profit increased

  • Google acquires Titan Aerospace

    Internet search giant Google has acquired unmanned aerial vehicles (UAV) maker Titan Aerospace for an undisclosed fee, Titan announced on 14 April. The announcement comes after the firm was linked with social media firm Facebook in March. Titan unveiled its Solara range of solar-powered extreme

  • Italy and US sign alternative fuels accord

    The navies of Italy and the United States have signed a groundbreaking agreement to collaborate on the development of bio-derived and other alternative fuels for their surface fleets and aviation forces. Under the accord, the two services will share experimental data and develop a protocol intended

  • Russia resolves procurement pricing problems

    Russia has resolved the problems associated with pricing in its arms industry, following efforts by the client and contractors, Russia's Deputy Prime Minister Dmitry Rogozin has said. Rogozin, who oversees the defence industry, made his remarks on 12 April during a meeting with local industry

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  • Russia orders more MiG-29SMT fighters

    Russia has signed a contract with the Russian Aircraft Corporation MiG (RAC MiG) for 16 more MiG-29SMT 'Fulcrum' multirole fighter aircraft, RAC MiG announced on 15 April. Valued at RUB17 billion (USD473 million), including ground support and test equipment, the order will see the RAC MiG deliver
  • Rafael looks at Iron Dome enhancements

    Rafael is looking at a number of enhancements to the Iron Dome missile defence system as a result of lessons learned over recent engagements, a company official told IHS Jane's in early April. Speaking at the company's facility near Haifa, its business development and marketing manager for the Air
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