• IDEX 2019: Emirati development fund launches technology competition

    The UAE’s Defence and Security Development Fund (DSDF) announced the launch of a competition to develop new intellectual property (IP) in the country on 20 February. Working alongside the Sandooq Al Watan fund and Advanced PyroTechnics (APT) under the UAE’s Centurium Challenge, the

  • IDEX 2019: Fincantieri pursues co-operation with Abu Dhabi Shipbuilding

    Italian state-controlled shipbuilder Fincantieri announced on 21 February that it had agreed to pursue industrial co-operation with Abu Dhabi Shipbuilding at the Abu Dhabi 2019 International Defence Exhibition & Conference (IDEX 2019). Although no formal agreement was signed, the two companies

  • IDEX 2019: QinetiQ joint venture nears readiness

    QinetiQ’s Houbara target drone joint venture (JV) is continuing to stand up its capabilities in the United Arab Emirates (UAE), following its formation in late 2017. Speaking to Jane’s at the IDEX 2019 trade show in Abu Dhabi, QinetiQ’s international business development director,

  • MTU Aero Engines’ revenue hits new high

    German aircraft propulsion manufacturer MTU Aero Engines generated record levels of revenue in its 2018 financial year, according to a financial statement released on 20 February. The company, which is responsible for the EJ200 engine used on the Eurofighter Typhoon, reported that it had recorded

  • Naval Group continues profit growth in 2018

    French shipbuilder Naval Group released details of its financial performance on 21 February, with results for 2018 showing continued improvements in sales and profitability. The group generated annual revenue of EUR3,608 million (USD3,147 million) in 2018, a rise of 13.0% from 2017, thanks in large

Subscribe to Industry for access to more latest Industry news, analysis and data
  • IDEX 2019: New Didgori models break cover

    Georgia’s Delta State Military Scientific-Technical Centre has expanded its family of Didgori vehicles, launching the 4×4 tactical patrol variant Didgori Meomari Tactical Armoured Modular Vehicle and exhibiting a mortar carrier variant of the vehicle at IDEX 2019. The mortar carrier
  • MBDA Deutschland eyes HELWS opportunity with German Navy

    The German Federal Office of Bundeswehr Equipment, Information Technology, and In-Service Support (BAAINBw) is expected to release a statement of work, and a subsequent request for proposals later this year for integration of a high-energy laser weapon system (HELWS) demonstrator on board a German
  • Russian deploys new CBRN vehicle to Syria

    Russia has deployed its newest chemical, biological, radiological, and nuclear (CBRN) reconnaissance vehicle to Syria to operate with military police units patrolling the Idlib de-escalation zone. An RKhM-6 vehicle was seen in footage shown by the Russia 24 television network on 7 November that was