• Rolls-Royce reaches USD813 million settlements to end corruption investigations

    Rolls-Royce has reached penalty agreements with authorities in Brazil, the United Kingdom, and United States totalling GBP671 million (USD813 million) to bring to an end bribery and corruption investigations concerning the UK aerospace and energy group's activities in a number of international

  • China likely to increase non-tariff barriers against South Korean companies in run-up to THAAD anti-missile deployment

    EVENT The Korea Trade-Investment Promotion Agency (KOTRA) reported on 12 January that China's commerce ministry had extended anti-dumping duties imposed on South Korean-made optical fibres for five more years from 1 January 2017. This followed the exclusion of various models of electrical vehicles

  • China's Kuang-Chi invests in UK technology firm

    The Kuang-Chi Group, a Chinese technology developer, has announced that it is investing USD30 million in Gilo Industries, a UK-based firm involved in aerospace and engineering activities. Kuang-Chi, which is listed on the Hong Kong stock exchange, said in a press release on 16 January that the

  • Japan to provide six patrol vessels to Vietnam

    Japan will provide six patrol vessels to Vietnam as part of a loan offered to the Southeast Asian country totalling about JPY117 billion (USD1 billion) to enhance bilateral co-operation, Japanese prime minister Shinzo Abe was quoted by Kyodo news agency as saying on 16 January during a two-day visit

  • NORINCO announces growth in turnover and profits

    The China North Industries Group Corporation (NORINCO) Group said on 16 January that turnover and profit increased in 2016 as a result of expanding innovation and improving efficiencies. The NORINCO Group said that annual turnover was CNY403.8 billion (USD58.5 billion) and that net profit was

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  • Factional politics threaten Zimbabwe's stability

    Zimbabwean president Robert Mugabe has been selected as his party's candidate for the 2018 presidential election. Sabine Machenheimer and Sumaiya Aboo assess the outlook for state stability in Zimbabwe as its long-serving president seeks a further term
  • Spending drive: Military ground vehicle developments

    Spending on military ground vehicles is expected to keep rising as Russia's aggressive stance spurs Western investment across the whole spectrum of combat armoured fighting vehicles. Jon Hawkes reports on the IHS Jane's Market Forecast - Military Ground Vehicles 10-year forecast
  • UK declares cyber war on Islamic State

    The United Kingdom has publicly declared the start of offensive cyber operations amid a general trend towards increased cyber war activity. Andreas Haggman analyses the implications for the country and the effects of the campaign against the Islamic State
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  • Textron nears completion of SSC prototype

    Key Points Subsystem testing of LCAC 100, the SSC prototype, is now underway LCAC replacement promises greater efficiency and other improvements over the legacy design Textron Marine & Land Systems expects the prototype Ship-to-Shore Connector (SSC) air-cushion landing craft to begin afloat
  • Germany seeks new special forces assault rifle

    Germany's special forces are seeking new assault rifles, with the German defence procurement office issuing a tender for their purchase. According to the tender issued by the BAAINBw, Germany is interesting in purchasing 1,750 rifles in total. The new rifle is expected to replace the G36 rifles
  • US Navy declares IOC for ALMDS airborne counter-mine system

    The US Navy (USN) has declared initial operating capability (IOC) for its AN/AES-1 Airborne Laser Mine Detection System (ALMDS), manufacturer Northrop Grumman announced on 12 January. The milestone for the ALMDS comes under two-and-a-half years after operations with the helicopter-based system
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