HEADLINES

  • Farnborough 2018: Saab open to fighter partnership, if Gripen E tech included

    Saab is open to collaboration on any future fighter project so long as a place can be found for the aircraft technology that the company is currently developing, a senior official said on 16 July. Speaking on the opening day of the Farnborough Airshow, the head of Aeronautics, Jonas Hjelm, said

  • Czechoslovak Group reports rising revenues

    Defence and manufacturing holding company Czechoslovak Group reported the results of its 2017 financial year on 16 July, revealing a rise in revenue of more than 50%. Sales were CZK24.1 billion (USD1.1 billion), up from CZK15.4 in 2016, while EBITDA reached CZK2.8 billion. The company’s

  • Korean ministries collaborate on Industry 4.0 technologies

    South Korean government ministries have agreed to come together to undertake research and development (R&D) in defence technologies, the Defense Acquisition Program Administration (DAPA) in Seoul has said. Under the new arrangement, agreed on 11 July, the Ministry of Science and Information and

  • Farnborough 2018: Ukraine signs rotorcraft deal with Airbus Helicopters

    The Ukrainian government has ordered 55 new rotorcraft to be used for a range of military and parapublic operations, Airbus Helicopters announced on the eve of the Farnborough Airshow. The country signed a contract for the purchase of 21 repurposed H225s, as well as 10 new H145 and 24 H125

  • Japan, US look to smooth defence trade processes

    Japan and the United States have moved forward in addressing concerns in Tokyo about the costs and timeliness of US Foreign Military Sales (FMS), a spokesperson from the Japanese Ministry of Defence’s (MoD’s) Acquisition, Technology, and Logistics Agency (ATLA) told Jane’s on 13

  • Farnborough 2018: GKN wary of industrial espionage as expansion into China continues

    Protecting its military technologies is one of GKN Aerospace’s key concerns as it continues to expand its commercial footprint in China, the company’s CEO told reports ahead of the Farnborough Airshow. Speaking in London a few weeks before the event, the company’s CEO Hans

  • Czech MoD criticised over industry security clearances

    The Czech Ministry of Defence (MoD) is facing criticism from local defence companies and elements of the indigenous legal community over recent decisions made by former defence minister Karla Slechtova to decline to sign defence contracts with certain Czech defence companies. The grounds for these

  • Northrop Grumman CEO to step down

    Major US defence contractor Northrop Grumman revealed a change in leadership on 12 July, with news that its CEO, Wes Bush, is to leave the role. Bush, who has been the company's CEO since the start of 2010, will leave the position at the beginning of January 2019. He will be replaced by Kathy

  • China’s CETC signs advanced technologies deal with Siemens

    The state-owned China Electronics Technology Group Corporation (CETC) has signed an agreement with German engineering group Siemens to collaborate on advanced technologies to support automation, digitisation, and networking, CETC said in a statement on 11 July. CETC said the agreement is focused on

  • Indonesia enacts law to boost collaboration with South Korea

    Indonesia has passed a law supporting its defence industrial engagement with South Korea. Indonesia’s House of Representatives approved the act on defence co-operation between Indonesia and the Republic of Korea on 10 July. The House of Representatives said the legislation would provide a

  • PGZ to work with Leonardo on AW249 in move that could push out Polish AH-64E acquisition

    Key Points Poland's state-run PGZ has signed an LOI to co-operate with Leonardo on the Italian firm's AW249 attack helicopter The deal could scupper any chance of Boeing selling the Apache E into Poland On 10 July Jakub Skiba, the president of Poland’s Polska Grupa Zbrojeniowa (PGZ), the

  • LM highlights Italy’s importance to F-35 programme, as government commitment waivers

    Lockheed Martin has stressed to Jane’s the important role that Italy plays in the F-35 Lightning II Joint Strike Fighter (JSF), as the company looks to calm fears that the country might withdraw its participation from the international programme. The Italian Air Force (Aeronautica Militare

  • Northrop Grumman positions for Japan’s F-2 replacement programme

    Northrop Grumman is looking to engage with Japan in meeting its requirement to acquire or develop a next-generation fighter aircraft to replace the Japan Air Self-Defense Force’s (JASDF’s) Mitsubishi F-2 platform. A spokesperson from Northrop Grumman confirmed to Jane’s on 11 July

  • L3 acquires Australian businesses

    L3 Technologies has entered agreements to acquire two Australian companies to strengthen its electronics, communications, and cyber capabilities and support growth in international markets, it announced on 11 January. The deals feature Azimuth Security, an information security consultancy firm, and

  • Northern Aerospace sale collapses

    The sale of UK aerospace component manufacturer Northern Aerospace to Gardner Aerospace Holdings has collapsed ahead of a deadline for a report by the United Kingdom’s Competition and Markets Authority (CMA) into the deal. Concerns had been raised by the UK government over the potential

  • SASTIND signs collaboration agreement with Kuwait

    China’s State Administration of Science, Technology, and Industry for National Defence (SASTIND) has signed an agreement with the Kuwaiti government to increase defence industrial co-operation. Details of the agreement were not disclosed, but came as the Amir of Kuwait, Sheikh Sabah Al-Ahmad

  • Private equity takes stake in BIRD Aerosystems

    Israeli private equity firm FIMI Opportunity Funds has reportedly signed an agreement to acquire a 50% stake of airborne surveillance and missile protection systems firm BIRD Aerosystems. The stake was valued at USD40 million, according to Israeli business newspaper Globes , and confirmed by a BIRD

  • Vietnam updates defence legislation

    Vietnam has updated national defence legislation providing guidance for a range of related policies, regulations, and initiatives including efforts to modernise the country’s state-run defence industrial base. The Law on National Defence 2018 will be formally enacted on 1 January 2019 and

  • BMT announces advanced materials partnership in Australia

    UK engineering firm BMT Group has teamed with South Australian technology incubator Innovyz to source from Australia advanced materials and composites for sectors including naval shipbuilding. BMT said on 10 July that the partnership will involve Innovyz engaging with Australian firms, agencies,

  • Taiwan seeks boost in aerospace competitiveness

    An industrial programme to boost the competitiveness of Taiwan’s aerospace sector has evolved to encompass more than 270 local companies, the state-owned Aerospace Industrial Development Corporation (AIDC) said on 10 July. AIDC said the programme – named A-Team 4.0 – had

Subscribe to Industry for access to more latest Industry news, analysis and data
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT