HEADLINES

  • F-16 sustainment hub to be established in Norway

    Lockheed Martin announced on 12 March that it had signed an agreement with AIM Norway to establish a licensed maintenance, repair, and overhaul (MRO) hub for the F-16 Fighting Falcon in Kjeller, Norway. The agreement will involve the establishment of a “Falcon Depot” centre, expanding

  • Saab positions GlobalEye for South Korea

    Key Points Saab is looking to meet a Republic of Korea Air Force requirement for enhanced airborne early warning and control capability It has also emphasised its willingness to transfer related technologies Saab has outlined a commitment to strengthen its footprint in South Korea, with a view to

  • EOS reports strong 2018 revenue growth

    Australian remote weapon station (RWS) manufacturer Electro Optic Systems (EOS) reported a 200% growth in defence revenues year-on-year to AUD85 million (USD59.9 million) in 2018, and is expecting to achieve a further 100% growth in 2019 based on the current order backlog. The company recorded an

  • Pentagon budget 2020: USN sub funds drive shipbuilding programmes

    US Navy (USN) submarine programmes are anchoring the shipbuilding plans for the service’s proposed fiscal year 2020 (FY 2020) spending plan. The USN proposes to spend about USD11.6 billion on submarine programmes in FY 2020, according to budget documents released on 12 March by the service.

  • ASC, Schneider Electric sign Australian submarine support agreement

    Australian shipbuilder ASC and France-based Schneider Electric have entered an agreement to collaborate on sustaining the Royal Australian Navy’s (RAN’s) six Collins-class submarines and to “plan for Australia’s Future Submarine programme”, ASC announced on 12 March.

  • Delivery of China’s heavy-lift helicopter forecast for 2032

    The joint Sino-Russian project to develop and build a 40-tonne helicopter is expected to deliver the first aircraft in 2032, Chinese state-owned newspaper Global Times reported on 10 March. The paper quoted comments made by Wu Ximing, chief helicopter designer for the Aviation Industry of China

  • Indian MoD details additional changes to defence trade process

    The Indian Ministry of Defence (MoD) has announced further changes to its Defence Procurement Procedure (DPP), with the intent to simplify related processes and make defence trade more ‘industry friendly’. The updates were published by the MoD on its website on 7 March and reflect

  • SAIC announces upcoming replacement of CEO

    Nazzic Keene will replace Tony Moraco as CEO of Science Applications International Corporation (SAIC) from 31 July, the company announced on 11 March. Keene, who is currently chief operating officer, has been at the company since 2012, overseeing the merger of fellow services provider Engility,

  • US officials, experts question US tradeoffs in talks with North Korea

    The cessation or reduction of military exercises on or around the Korean Peninsula may be too steep a price to pay for an unfulfilled promise of denuclearisation of that territory, according to US officials familiar with the region. “The US should not sacrifice joint military readiness with

  • Animal Dynamics acquires autonomous software developer Accelerated Dynamics

    Unmanned aerial vehicle manufacturer Animal Dynamics has acquired autonomous software developer Accelerated Dynamics, combining the capabilities of the two British firms. Animal Dynamics develops UAVs based on biomechanics, utilising natural fundamentals and coupling them with engineering

  • Cobham reports financial progress, identifies areas for change

    Cobham has reported a 13% increase in order intake year on year in 2018, heralding a move towards financial stability following challenges over recent years. However, the company has admitted that divergence in performance across its business lines remain, and more work has to be implemented to

  • Fincantieri acquires minority stake in Genova Industrie Navali

    Fincantieri has announced that it is acquiring a minority stake in shipbuilding and repair holding company Genova Industrie Navali (GIN). GIN can build and repair vessels up to 465 m long, and was formed in 2008 when repair company San Giorgio del Porto and luxury vessel manufacturer T. Mariotti

  • Rheinmetall, NIOA secure investment for artillery facility

    A consortium between Rheinmetall Defence Australia (RDA) and Brisbane-based firearms and ammunition producer NIOA has secured investment from the Queensland state government to support the establishment of an artillery manufacturing facility. NIOA said on 7 March that the state’s investment

  • Ukraine receives Bayraktar armed UAVs from Turkey

    Ukrainian President Petro Poroshenko announced on 6 March the delivery of a batch of Bayraktar TB2 armed unmanned aerial vehicles (UAVs) from Turkey. “Now, exercises with the new, powerful Bayraktar TB2 unmanned aerial vehicle will be carried out, the supplies of which I managed to agree with

  • Hyundai advances planned takeover of DSME

    South Korea’s Hyundai Heavy Industries (HHI) has finalised an agreement with the majority shareholder of Daewoo Shipbuilding & Marine Engineering (DSME) in support of its proposed acquisition of the rival shipyard. Under the deal – signed on 8 March by HHI and the state-owned Korea

  • Germany extends Saudi defence export ban

    Germany is to continue its total embargo on military exports to Saudi Arabia until at least the end of March, according to comments made by the country’s foreign minister Heiko Maas on 7 March. The move comes despite significant pressure from Germany’s European allies including France

  • Four contenders respond to Australian requirement for up to 450 IFVs

    Last-minute announcements by Rheinmetall and BAE Systems bring to four the number of confirmed contenders seeking to supply the Australian Army with up to 450 modern infantry fighting vehicles (IFVs). The contenders for the AUD10–15 billion (USD7–10.5 billion) Land 400 Phase 3 project

  • Huneed launches 3D printing facility

    South Korean firm Huneed Technologies has inaugurated an additive manufacturing facility in collaboration with German 3D printing specialist EOS GmbH. Huneed Technologies said its Additive Manufacturing Technology Centre – launched on 5 March – is developing 3D printing technologies for

  • Everis acquires Spanish robotics maker

    Everis Aerospace, Defense and Security (everis ADS) has acquired the specialist security robotics unit of another Spanish company, Proytecsa. Everis said the product range, marketed under the Aunav brand, will add “new and differential technological capabilities” to its own portfolio of

  • Fokker ends participation in SABCA

    GKN Aerospace has ended its association with Belgian defence, space, and aircraft products group SABCA with the announcement that its Dutch subsidiary Fokker has divested its long-held 44% holding in the venture. The sale was reported by GKN parent Melrose as part of a broader announcement of

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