• Airbus sales reach EUR63.7 billion in 2018

    Airbus reported the results of its 2018 financial year on 14 February, revealing significant improvements in both sales and profits. Compared with 2017, revenue was up 8% at EUR63.7 billion (USD71.8 billion), while net income increased by 29% to EUR3.1 billion. EUR9.9 billion of Airbus’s 2018

  • Saab reports rising annual sales

    Swedish defence company Saab’s annual revenues exceeded SEK33.1 billion (USD3.6 billion) in 2018, according to annual results released on 15 February; a rise of 4.7% year- on-year. However, the company’s net income fell below SEK1.4 billion, a 9.4% decline compared to 2017. All but two

  • IDEX 2019: SAMI, Naval Group sign collaboration agreement

    French naval firm Naval Group and Saudi Arabia’s Saudi Arabia Military Industries (SAMI) signed a memorandum of agreement (MoA) on 17 February to create a joint venture (JV) in the kingdom focused on the naval sector. Under the proposed joint venture, the two companies will work on supporting

  • Eurosam/OCCAr progress key elements of SAMP/T Block 1NT system

    The Eurosam consortium, under the auspices of the Organisation Conjointe de Coopération en matière d'Armement (OCCAr - Organisation for Joint Armament Co-operation) is expected to complete the Preliminary Design Review (PDR) for key elements of the SAMP/T B1 NT (new technology)

  • French Rafales conduct first Meteor firings

    French Air Force (FAF) and navy Rafale combat aircraft conducted the first test firings of the Meteor beyond-visual-range air-to-air missile on 13 February, the Direction Générale de l’Armement (DGA), the French defence procurement agency, announced on its website on 15 February.

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  • US Army to acquire Carl-Gustaf M4

    The US Army has signed a three-year framework agreement with Saab Dynamics to acquire the 84 mm Carl-Gustaf M4 (CGM4) lightweight reusable shoulder-fired recoilless weapon system. In September 2017 the Army announced an intention to rapidly acquire about 1,111 GGM4s – with an equal number of
  • 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