HEADLINES

  • Qatari industrial capabilities grow as procurements increase

    As the deal between Qatar and the United Kingdom for Eurofighter Typhoon aircraft has come into force, the development of Qatar’s defence industrial capabilities is continuing apace. Following on from the raft of defence collaboration agreements signed at the DIMDEX trade show in Doha in

  • Rare earths escape US tariffs on China

    The Office of the US Trade Representative (USTR) released its finalised list of Chinese imports that are to be subject to tariffs from 24 September, however rare earths have escaped the imposition of duties. The list released by the USTR contains 5,745 full or partial lines of proposed goods of the

  • RNLAF ends Mideast mission to prepare for F-35

    The Dutch government will not extend the participation of Royal Netherlands Air Force (RNLAF) F-16s in coalition air operations against the so-called Islamic State in Iraq and Syria beyond 31 December in order to begin conversion to the F-35 in 2019, the Ministry of Defence (MoD) announced on its

  • L3 replaces president of communications business

    US defence electronics specialist L3 Technologies has appointed a new president of its newly rebranded communications systems business, the company announced on 17 September. Effective immediately, Sean J Stackley has been named senior vice president and president of what is now Communications and

  • South African government considers VR Laser buyout

    South Africa’s Public Investments Corporation (PIC) is considering taking part in a buyout of troubled steel supplier VR Laser. Deon Botha, head of corporate affairs at PIC, told Jane’s on 17 September that the PIC had received a proposal to participate in a buyout of VR Laser.

  • UK’s BBA Aviation acquires US aerospace component manufacturer

    British business and general aviation supplier BBA Aviation announced on 18 September that it is to acquire US aircraft component manufacturer Firstmark Corp. The acquisition, valued at USD97 million, remains dependent on governmental and regulatory approvals, but is expected to be completed before

  • Exports climb for China’s AVIC

    The Aviation Industry of China (AVIC) secured record exports of CNY96.7 billion (USD14.1 billion) in 2017, equal to 24% of its total revenues during the year, the state-owned corporation has revealed. AVIC said in a statement on 17 September that its export success is closely linked to its

  • Leonardo expands EW, cyber training facilities in UK

    Leonardo has expanded its electronic warfare (EW) and cyber training facilities in Lincoln, UK, in an effort to meet growing demand and improve its position for further export business. The EW facility was first established in 2009, and has worked alongside the Air Warfare Centre at Royal Air Force

  • Terma, T&G Nordic team for C-Guard decoy launcher

    T&G Nordic and Terma have signed a memorandum of understanding to work together on areas of interest, specifically regarding Terma’s C-Guard decoy launching system. Collaboration between the Finnish and Danish companies will result in T&G Nordic supporting the design, development and

  • Bortoli appointed CEO of ATR

    Stefano Bortoli has been appointed as the new CEO of aircraft manufacturer ATR, taking over from Christian Scherer. Moving on from his role as senior vice-president of strategy, marketing development and sales for Leonardo’s aircraft division, Bortoli will take over as CEO of the

  • Indra restructures business and sales structure

    Indra has introduced a new approach to its business and sales structure, aimed at simplifying the way in which it offers its products to its target markets. Under a new Transport and Defence business line, air traffic, transport, and defence and security will be incorporated together, which will

  • South Korea signs defence agreements with Brunei and Cambodia

    South Korea has signed defence agreements with Brunei and Cambodia as Seoul looks to further expand its defence export profile across Southeast Asia. The memoranda of understandings (MOUs) were signed at the Seoul Defense Dialogue – a regional security meeting – which concluded on 14

  • South Korea unveils defence industry plan

    South Korea’s Defense Program Administration (DAPA) has unveiled a new strategy to promote the development of its national defence industrial base. The Defence Industry Development Plan was announced on 14 September and is intended to position indigenous industry to support wider military

  • Kalashnikov buys Russian aerospace design company

    Russian small arms manufacturer Kalashnikov has taken a 60% stake in aerospace design company NPO Molniya, according to local press reports. The deal, the terms of which were reported to have been agreed in August, will see Kalashnikov acquire a majority share in the company from previous owner

  • India’s OFB targets export expansion

    India’s Ordnance Factory Board (OFB) aims to achieve exports worth INR10 billion (USD139 million) over the next two years, the chairman of the state-run enterprise, P K Srivastava, said on 13 September. The figure represents a fourfold increase over the INR2.5 billion in exports secured by

  • ST Engineering to acquire aerospace company MRA Systems

    Singapore Technologies Engineering (ST Engineering) has agreed to acquire US-based aerospace company MRA Systems (MRAS) from General Electric for USD630 million, it was announced on 13 September. MRAS produces thrust reversers, engine nacelle components, and aerostructures primarily for aerospace

  • US approves Poseidon sale to South Korea

    The United States has approved the sale to the Republic of Korea of six Boeing P-8A Poseidon maritime multimission aircraft (MMA) for an estimated USD2.1 billion. The approval, which was announced by the US Defense Security Cooperation Agency (DSCA) on 13 September, covers the aircraft in a

  • Spain backtracks on suspending laser-guided bomb sale to Saudi Arabia

    Spanish Foreign Minister Josep Borrell said on 13 September that a laser-guided bomb sale to Saudi Arabia will now go ahead, despite the Spanish government stating the previous week that it was being suspended. The original decision caused consternation at the yards of state-owned shipbuilder

  • India’s GRSE set for share sale

    Indian naval shipyard Garden Reach Shipbuilders and Engineers (GRSE) will launch an initial public offering (IPO) on 24 September, the company has announced. The IPO – the latest in a series of Indian defence industry share sales – will see the divestment of a 25% stake, with the Indian

  • Philippines looks to Israeli defence investment

    Israeli company Silver Shadow Advanced Security Systems (SSASS), a manufacturer of firearms and ammunition, is expected to finalise an agreement with Philippine company Rayo Illuminar Corporation (RIC) in the near future to develop manufacturing facilities in the Southeast Asian country. The

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