• BAE Systems to acquire SilverSky cyber security group

    BAE Systems announced on 21 October an agreement to purchase commercial cyber services provider Perimeter Internetworking Group (which operates as SilverSky) for USD232.5 million. US-based SilverSky is a provider of cloud-based email and network security products, which has around 5,000 customers

  • Beechcraft acquisition boosts Textron's Aviation results

    Textron's acquisition of aircraft manufacturer Beechcraft has paid dividends for the company, according to Textron's third quarter (Q3) results released on 17 October. Textron Aviation, which combines the company's Cessna, Hawker, and Beechcraft businesses, recorded revenue of USD1.08 billion in Q3

  • DSME, Navantia to complete risk reduction for Australian replenishment ship programme

    South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) and Spanish state-owned shipbuilder Navantia have received contracts from Australia's Defence Materiel Organisation (DMO) to undertake risk reduction design studies for two new replenishment ships to be acquired under

  • GDUK places Scout SV turret order with LMUK

    A USD1 billion contract to deliver 245 turrets for the British Army's future Scout Specialist Vehicle (SV) fleet has been awarded by prime contractor General Dynamics UK to Lockheed Martin UK (LMUK), the latter announced on 21 October. The announcement follows on from the UK Ministry of Defence

  • India further eases licensing rules for private sector

    India's government has made further moves to ease defence production licence regulations as part of its continuing effort to incentivise private sector participation in the sector. The Ministry of Commerce and Industry (MCI) said on 20 October that it had removed the requirement for approval before

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  • RN commissions first front-line Wildcat squadron

    The UK Royal Navy's (RN's) first front-line Wildcat HMA.2 helicopter squadron has been stood up ahead of the type's introduction to operational service in early 2015. Formally commissioned at Royal Naval Air Station (RNAS) Yeovilton on 10 October, 825 Naval Air Squadron (NAS) effectively merges
  • MBDA begins MdCN cruise missile production

    European missile house MBDA has commenced low-rate initial production (LRIP) of the French Navy's new Missile de Croisière Naval (MdCN) cruise missile at its Selles-Saint-Denis plant in central France. Delivery of the first production lot is expected early in 2015. Manufacture rates will ramp
  • Satellite imagery shows Parchin explosion aftermath

    Satellite imagery indicates that there was an explosion at Iran’s Parchin military research, development, and production facility on 5 October, raising fears about safety precautions at a site where nuclear weapons research allegedly has been carried out. The Iranian opposition website