HEADLINES

  • India’s Reliance commits to composites investment

    Indian energy group Reliance Industries Limited (RIL) is setting up an entity to produce carbon-fibre composites for aerospace and defence, the group announced in its annual report published on 15 June. According to RIL, the new enterprise – Reliance Composites Solutions (RCS) – will be

  • Ukraine, Thailand look to establish joint industrial facility

    Ukraine and Thailand are considering plans to expand defence industrial collaboration through a jointly run facility that could support maintenance, repair and overhaul (MRO) and possibly joint production activities. The National Security and Defense Council of Ukraine (NSDCU) said in a statement

  • KAI set to launch new MRO company

    Korea Aerospace Industries (KAI) has said its new maintenance, repair, and overhaul (MRO) company will be officially established in July and start operations by the end of 2018. KAI said in a filing to the Korean stock exchange on 14 June that the new firm – to be named Korea Aviation

  • Taiwan encourages defence industry listings

    Taiwan’s government outlined plans on 14 June to support the development of key national industries – including defence – by encouraging expansion through government loans and corporate listings on national stock exchanges. Premier Lai Ching-te said in comments reported by the

  • Pratt & Whitney eyes two-year mark for evaluating success of New York digital accelerator

    Pratt & Whitney is eying the two-year mark of parent United Technology Corp’s (UTC’s) New York digital accelerator for determining whether the USD300 million investment is paying off, according to a key executive. Robert Leduc, Pratt & Whitney president, told Jane’s on 12

  • EU establishes defence fund rules and details

    The EU is now set to implement in 2021 its new multi-billion-euro European Defence Fund (EDF), following the release on 13 June of the fund’s final details and rules. The fund will finance only collaborative projects involving at least three entities from three EU countries regarding research

  • Rolls-Royce to cut up to 4,600 jobs

    UK defence and aerospace group Rolls-Royce has confirmed that a “fundamental restructuring” that is intended to lead to a “simpler, leaner and more agile organisation” will result in the loss of up to 4,600 jobs. The cuts will result in the loss of almost 10% of the

  • Eurosatory 2018: Hensoldt outlines strategy as Airbus exit expected soon

    Hensoldt is expecting to make further acquisitions in the coming year, as the company begins to solidify its strategy and make aggressive moves into expanding its portfolio. Speaking to Jane’s at Eurosatory on 13 June, Chief Executive Officer Thomas Müller said that the company will

  • Royal Thai Army prepares attack helicopter acquisition

    The Royal Thai Army (RTA) is preparing to acquire at least six new attack helicopters to replace its ageing fleet of Bell AH-1F Cobras, with funding for the procurement provided in the 2019 defence budget. Confirming the plan in a press conference on 12 June, Major General Weerayuth Intaworn,

  • Eurosatory 2018: Tyron acquires 20% stake in Carbon ThreeSixty

    UK run-flat tyre specialist Tyron has announced that it will be acquiring a 20% stake in carbon fibre component designer and manufacturer, Carbon ThreeSixty. Speaking to Jane’s on 13 June, Tyron Managing Director Richard Glazebrook said that the decision to invest in the firm came as the

  • India’s BEL opens Vietnam office to boost exports

    India’s state-owned Bharat Electronics Limited (BEL) has opened a representative office in Hanoi, Vietnam, to pursue exports in the country and the wider Southeast Asia region. The office was opened on 13 June by India’s Defence Minister Nirmala Sitharaman, who is visiting Vietnam to

  • Aero and IAI team to meet USAF CAS requirement

    Aero Vodochody and Israel Aerospace Industries (IAI) are teaming to jointly offer the former’s family of light combat jets for the US Air Force’s (USAF’s) OA-X close air support (CAS) programme. Building on a strategic agreement the two companies signed in April that would

  • Safran teams with Pramacom

    Safran has teamed with Pramacom of the Czech Republic to develop a dual C4ISTAR/target engagement version of the former’s PASEO stabilised panoramic sight. Developed for vehicle integration, the joint development of the new PASEO ISTAR variant was the result of a memorandum of understanding

  • India commits to second innovation centre

    The Indian government has announced a plan to establish a second defence innovation centre in the city of Nashik in the western state of Maharashtra. India’s Minister of State for Defence Subhash Bhamre announced on 12 June that the facility would be positioned to support local micro, small,

  • Saab’s Gripen positioned for Philippines fighter requirement

    Swedish defence group Saab is advancing its engagement with the Philippine Air Force (PAF) as part of efforts to meet the service’s stated requirement to procure a multirole combat aircraft over the coming few years. The planned acquisition – known in the Philippines as the Multi-Role

  • Thailand, China progress plans to establish joint industrial facility

    Thailand and China have progressed plans to set up a jointly run defence industrial facility in the Southeast Asian country that will be focused on supporting Chinese land systems operated by the Royal Thai Army (RTA). State-run news in Thailand reported the industrial facility will be established

  • Eurosatory 2018: Details on Spanish Army agreement with Expal emerge

    Details of the Spanish Army’s agreement on 155 mm ammunition with Expal emerged at Eurosatory 2018 at a meeting between the Spanish Army and the company. The framework agreement contract that was signed in May covers the supply of 155 mm extended range ammunition for the Army’s 155/52

  • US Navy awards Lockheed Martin MK48 maintenance contract

    The US Naval Sea Systems Command (NAVSEA) awarded Lockheed Martin a five-year follow-on contract option on 12 June worth about USD65 million to support the Navy’s intermediate-level maintenance activities for MK48 torpedoes at the Pearl Harbor Heavyweight Torpedo Intermediate Maintenance

  • Pratt & Whitney launches GatorWorks military engines prototyping division

    Key Points Pratt & Whitney created a GatorWorks prototyping arm for military engine development The Pentagon wants suppliers to experiment and provide technologies faster Pratt & Whitney earlier this year created prototyping division called GatorWorks with a goal of delivering

  • Eurosatory 2018: Lockheed Martin awaits German request as European growth continues

    Lockheed Martin is expecting to receive a Request for Proposals (RFP) from the German government in the next week for the Tactical Air Defence System (Taktische Luftverteidigungssystem: TLVS) requirement for the German armed forces. Speaking to Jane’s at Eurosatory, Lockheed Martin’s

Subscribe to Industry for access to more latest Industry news, analysis and data
12...56789...102103
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT