HEADLINES

  • IAI expands presence in Germany

    Israel Aerospace Industries (IAI) has opened a new office in Berlin to facilitate further growth in the European market. The new entity will replace the Paris office that the company previously operated from, as the company considers Germany to have a central role in Europe, as well as being a

  • UMS Skeldar brings engines in-house

    Unmanned aerial vehicle (UAV) company UMS Skeldar has acquired Hirth, bringing a two-stroke engine manufacturing capability in house. The German engine company has been developing UAV engines for 30 years, it said, and carries out research and development in addition to the manufacture of

  • Boeing grows services business through KLX acquisition

    Boeing announced on 1 May that it is to acquire aerospace services provider KLX under a proposed USD4.25 billion deal. The buy consists of an all-cash transaction of USD63 per share, plus the assumption of USD995 million of net debt. The acquisition of KLX will include the company’s

  • Bronco II team grows

    Boeing’s Aviall announced on 1 May that it will be joining the supply chain for Bronco Combat Systems’ (BCS’s) Bronco II light combat aircraft, as well as supporting the wider supply chain for the Paramount Group’s AHRLAC and Mwari aircraft. Aviall is to manage the supply

  • Rakon takes control of Indian JV

    New Zealand company Rakon, a specialist in communications technologies, has taken full control of a joint venture (JV) it operates in India with local company Centum. Rakon said on 30 April that its acquisition of a 51% stake in the JV – named Centum Rakon India – is valued at USD5.5

  • Rheinmetall and L3 expand in Australia

    Rheinmetall and L3 Technologies have committed to expansion in Australia through separate moves to open defence design and technology centres in the country. Rheinmetall Defence Australia (RDA) said on 1 May that it is planning to establish a Technology Centre for Light-weight Applications

  • Finland’s HX programme takes next step

    The Finnish government has issued a request for quotation (RfQ) to four nations in order to find potential bidders for Helsinki’s HX fighter replacement programme. Finland has requested bids from France, Sweden, the United Kingdom, and the United States, all of which responded to the request

  • US senators try to block Turkish F-35s

    Three US senators have introduced a bill that aims to prevent the sale of the F-35 Joint Strike Fighter to Turkey as a response to the Erdogan government’s imprisonment of US citizens. Thom Tillis, James Lankford, and Jeanne Shaheen jointly claim that the sale of the aircraft and the

  • Pakistan announces USD9.5 billion defence budget

    Pakistan has announced a defence budget of PKR1,100 billion (USD9.5 billion) for fiscal year (FY) 2018-19. The new figure represents a 20% increase over the PKR920 billion allocated for defence in 2017-18, which was subsequently raised to PKR999 billion, and t he new defence budget amounts to about

  • Tata companies sign deal on defence transfer

    Tata Power has reached a deal to facilitate the sale of its defence business to Tata Advanced Systems Limited (TASL). Tata Power said in a filing to the Bombay Stock Exchange on 27 April that the two Tata subsidiaries signed an ‘implementation agreement’ to support the transfer, which

  • AAAA 2018: Sikorsky in talks with US Army for 10th Black Hawk multi-year deal

    Key Points Sikorsky is in talks with the US Army over a 10th multi-year contract for Black Hawks The last multi-year deal could be worth as much as USD5.2 billion with options Sikorsky is in initial stage of negotiations with the US Army regarding a 10th multi-year order of the company’s

  • Saab reports lower earnings in Q1

    Swedish aerospace and defence company Saab AB released financial results for the first quarter of 2018 on 26 April, revealing a fall in earnings despite expanding sales. The company recorded revenues of SEK7,766 million (USD892 million) in the three months to the end of March, a 2% increase

  • Australia reaches supply chain milestone

    Australia has reached a AUD1 billion (USD755 million) milestone in its programme to support local companies’ integration into international supply chains. The Department of Defence (DoD) in Canberra said on 27 April that under its Global Supply Chain (GSC) programme, introduced in 2007, local

  • Japan explores P-1 opportunities in Europe

    Japan is exploring opportunities to export Kawasaki Heavy Industries’ (KHI’s) P-1 maritime patrol aircraft (MPA) to customers in Europe. The Japan Ministry of Defense’s (MoD’s) Acquisition, Technology & Logistics Agency (ATLA) confirmed that the export drive is being

  • Leonardo to open new helicopter MRO facility in Australia

    Italian defence and aerospace manufacturer Leonardo has agreed to open a helicopter transmission maintenance, repair and overhaul (MRO) facility in the Australian city of Melbourne, the company announced on 26 April. The commitment, made in an agreement signed with the Australian Ministry of

  • Revenue, earnings fall in Airbus Defence and Space first quarter

    Airbus Group released its first quarter financial report on 27 April showing an annual decline in sales for the period, across the business and in Airbus Defence and Space. Total revenue generated by Airbus was EUR10,119 million (USD12,293 million), down 12% from EUR11,442 million in the first

  • ILA 2018: Proposals for Germany’s heavy-lift helo delayed, as Boeing and Sikorsky disclose industrial teaming arrangements

    The request for proposals (RFP) for Germany’s Schwere Transporthubschrauber (STH) heavy-lift helicopter programme that was due to be issued in the coming days is not now expected to be released until the end of the year, industry sources disclosed at the ILA Airshow in Berlin. Senior

  • FLIR Systems penalised USD30 million over ITAR violations

    US imaging specialist FLIR Systems is to pay civil penalties of USD30 million to the US government under a settlement over violations of the country's Arms Export Control Act and the International Traffic in Arms Regulations, the US State Department announced on 25 April. Half of the penalty has

  • Hensoldt exceeds first-year targets

    German defence electronics operation Hensoldt has reported booking sales and orders of more than EUR1 billion (USD1.2 billion) during its first year operating as an independent company. The company's revenues reached EUR1.1 billion in 2017 while new orders were valued at EUR1.2 billion The company

  • Boeing confirms SuperHornet production could extend well into the next decade

    Boeing recorded strong first-quarter sales, earnings, and shipments numbers, it was announced on 25 April. The company also upgraded its guidance for the coming year, in part due to a promising outlook for its Defense, Space and Security division. “We are very encouraged by the strength of

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