• Thales reports 2017 results

    Thales recorded a 10% decrease in new orders year-on-year in 2017, contributed in large to 2016 seeing the company receive a 36-unit order from India for the Dassault Rafale. The company provides the radar and other electronics for the aircraft, which helped the company record revenues of EUR16.51

  • Saab Australia to supply updated control system for four Collins-class submarines

    Saab Australia has been awarded an AUD24.2 million (USD19 million) contract to supply an updated Integrated Ship Control Management and Monitoring System (ISCMMS) for four of the Royal Australian Navy’s (RAN’s) six Collins-class submarines. “Saab’s ISCMMS enables the

  • South Korea looks to spur exports through offsets

    South Korea’s Defense Acquisition Program Administration (DAPA) is to launch an initiative aimed at boosting exports through offsets. The initiative – focused on supporting local involvement in international supply chains – continues DAPA’s focus on developing local small

  • Ultra takeover of Sparton collapses

    Negotiations behind the planned acquisition of Sparton Corporation by Ultra Electronics have been terminated, Ultra Electronics announced on 5 March. The announcement followed the results of an antitrust review by the US government that has concluded that the sale cannot go ahead. In November

  • Conlog acquired by Swedish firm

    Sweden’s System Engineering Solutions 37 (SES 37 ) has acquired Finnish command and sensor developer Conlog. Newly-formed SES 37 is a subsidiary of Stockforsa Invest, and aims to offer its integrated solutions expertise to offer modular and standardised command and sensor systems alongside

  • German MoD eliminates Lürssen/TKMS from MKS 180 contest

    Key Points The Lürssen/TKMS joint venture has been eliminated from the contest to provide the German Navy's MKS 180 multirole combat ships German Naval Yards and Damen remain in the bidding On 1 March the German Ministry of Defence (MoD) announced a downselection in the MKS 180 multirole

  • Spain approves EUR550 million for overseas operations

    The Spanish government has approved a EUR550 million (USD677 million) credit from its contingency funds toward the cost of overseas military peacekeeping missions for 2018. Announced on 2 March by the cabinet, the funding comes when the country is still rolling over its budget from 2017 until the

  • WZE will service Polish radars, air defence equipment

    Poland’s Wojskowe Zaklady Elektroniczne (WZE) received a contract on 1 March to repair and maintain Polish radars, mainly RO-94, RW-32, RT-22, RA-83, and RSWP-18 systems that are also a part of the NATO air defence infrastructure. The contract is worth PLN13.9 million (USD4 million) and

  • India, Vietnam to deepen defence trade ties

    India and Vietnam have agreed to deepen defence trade ties through New Delhi’s provision of military aid to the Southeast Asian country. In a joint statement issued on 4 March during Vietnam President Tran Dai Quang’s visit to India, the two governments also highlighted expanding

  • Microchip Technology buys defence electronics supplier for USD8.3 billion

    US semiconductor manufacturer Microchip Technology Inc announced on 1 March that it had agreed to acquire Microsemi Corporation, a supplier of power management, communications, and security electronics to a variety of industries, including aerospace and defence. The transaction, which has already

  • Production begins on joint Saab/PGZ SIGINT ship for Sweden

    The first steel has been cut on a signals intelligence (SIGINT) ship for the Swedish Navy, Saab announced on 1 March. The vessel, which is being constructed at Poland’s Nauta Shipyard, is the product of a joint memorandum of understanding (MOU) between the Swedish company and Poland’s

  • Rheinmetall defence reports 18% rise in earnings

    German land systems specialist Rheinmetall AG reported results for its 2017 financial year on 1 March, reporting growth in the sales and earnings of its Automotive and Defence divisions. Total company sales were up 5% to EUR5,896 million (USD7,201 million), while its operating result rose 13% to

  • Steber International to build USVs to support RAN’s MCM project

    Australian fibreglass boat manufacturer Steber International has been awarded a contract to provide five 38 ft-long vessels to support the Royal Australian Navy's (RAN's) deployable mine countermeasure project. “[The] Steber vessels will be configured as unmanned surface vessels [USVs] and

  • MTU selected by Sikorsky as local partner in German CH-53K bid

    US helicopter manufacturer Sikorsky has entered into a partnership with German aircraft propulsion specialist MTU Aero Engines, with the goal of supporting a bid for the country’s CH-53G fleet replacement programme. The deal, announced on 1 March, sees MTU join GE Aviation in Sikorsky’s

  • Boeing invests in Australian unmanned technologies

    Boeing has announced a new partnership agreement with the Australian state of Queensland to initiate what it says will be the “largest autonomous systems development programme outside of the United States”. The US corporation said on 2 March that the three-year “rapid

  • Singapore Technologies invests in data analytics firm

    Singapore Technologies Engineering (ST Engineering) has acquired a minority stake in Azendian Holdings, a Singapore-based company that specialises in data analytics. ST Engineering said in a press release on 1 March that the investment – worth SGD4 million (USD3 million) – will help

  • Boeing and Tata inaugurate Indian Apache facility

    Tata Advanced Systems Limited (TASL) and Boeing inaugurated their joint facility to produce fuselages for the Boeing AH-64 Apache helicopter on 1 March. The new factory in Hyderabad will be operated by the two companies’ joint venture, Tata Boeing Aerospace Limited (TBAL), which was

  • Cobham shares jump on encouraging results

    Troubled UK defence and aerospace group Cobham has reported better than expected results with a return to the black and slightly improved revenue on the back of favourable exchange rates. The group reported operating earnings of GBP104 million (USD143.9 million) for 2017; up from a statutory

  • AFA Winter 2018: iSENSYS seeks to grow air, sea surface data collection vessel business

    iSENSYS is looking to grow its data collection targeting services business in non-ground vehicle applications such as sea surface, air, and rotary-wing targets, according to a company executive. iSENSYS chief technology officer Chandler Griffin told Jane’s on 23 February that the company has

  • Citadel takes VC funding

    Counter unmanned aerial vehicles (UAV) start-up Citadel has announced that it has secured venture capital (VC) funding of USD12 million. The group secured the investment from Lightspeed Venture Partners. US-based Citadel was established in 2016 and has developed counter-UAV systems based on signal

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