HEADLINES

  • Phoenix International wins Australian contract for air-transportable submarine rescue capability

    The Australian subsidiary of US company Phoenix International has been awarded an AUD255 million (USD183 million) contract to provide the Royal Australian Navy (RAN) with a new air-transportable submarine rescue capability. Defence Minister Christopher Pyne said in a statement on 6 March that the

  • BAE Systems readies Australian F-35 maintenance depot

    BAE Systems Australia is gearing up to launch a facility dedicated to providing maintenance, repair, overhaul, and upgrade (MRO&U) support for Lockheed Martin’s F-35 Joint Strike Fighter (JSF) aircraft operated by air forces in the South Pacific by the end of the year. The depot is based

  • India’s BEL signs licence-production deal with Elbit

    India’s Bharat Electronics Limited (BEL) announced on 5 March the signing of an agreement with Israeli company Elbit Systems to produce helmet-mounted display systems and helmet-pointing systems for the Indian market. BEL said through the new technical collaboration agreement (TCA) it will

  • RUAG Australia and DoD complete additive repair project

    The Australian subsidiary of Swiss defence group RUAG has completed a programme in collaboration with the Australian Department of Defence (DoD) to develop and demonstrate laser additive deposition (LAD) technologies to repair high-strength steel components, RUAG said on 4 March. The company said

  • Turkey localises 65% of defence supply needs: vice president

    Turkish vice president Fuat Oktay has revealed that the country’s defence industry is now fulfilling 65% of domestic military equipment needs. Speaking at a conference held by Turkish Aerospace on 2 March, Turkey’s Hurriyet Daily quoted the vice president as saying that “it is

  • AHRLAC programme moves into business rescue

    Paramount Group’s AHRLAC and Mwari aircraft projects have gone into business rescue, following an application to the South African courts. A statement from Paramount Group subsidiary Paramount Aerospace Holdings on 4 March said Paramount Aerospace had made an application on 28 February to

  • Australia, Naval Group sign design contract for Attack-class submarines

    The Australian government and French shipbuilder Naval Group have signed the first phase of a submarine design contract that will continue the work on the AUD50 billion (USD35 billion) future Attack-class submarine programme through to 2021, Defence Minister Christopher Pyne announced on 5 March.

  • AVIC looks to expand industrial outsourcing

    The Aviation Industry Corporation of China (AVIC) has outlined a range of initiatives intended to deepen its engagement with private-sector suppliers in support of programmes to develop and manufacture military equipment. AVIC said in a recent statement that during 2018 it achieved record levels of

  • QinetiQ targets growth in Australia

    QinetiQ Australia has outlined a target to increase its domestic footprint over the next few years, driven by a mix of organic and inorganic growth. A spokesperson for QinetiQ Australia told Jane’s on 26 February at the 2019 Avalon Airshow that growth is forecast in line with a perceived

  • China lowers defence budget growth to 7.5%

    China has announced a 2019 defence budget of CNY1.19 trillion (USD177.4 billion), representing a year-on-year increase of 7.5% over 2018. The growth recorded for 2019 follows a gradual trend of slowing growth in military spending, and will see the defence budget decline marginally as a proportion

  • Lockheed Martin outlines ‘Make in India’ F-21 proposal

    Lockheed Martin has revealed further details about its plan to build a new and enhanced variant of the F-16 Fighting Falcon combat aircraft known as the F-21 in India. A Lockheed Martin spokesperson told Jane’s in late February that its F-21 proposal provides “unrivalled”

  • FN Herstal secures significant deal in Portugal

    The Portuguese Army is to receive a comprehensive number of small arms between 2019 and 2022, a source within Army Headquarters told Jane’s on 28 February. A multi-year contract was recently awarded by the NATO Support and Procurement Agency (NSPA) to FN Herstal on behalf of the Portuguese

  • Rheinmetall records solid growth in defence business line

    Rheinmetall has reported a 34% growth in its defence business’ order backlog for 2018, as well as nearly doubling its order intake year on year. Order intake in the defence line totalled EUR5.6 billion (USD6.3 billion) in 2018, an 88% growth on the EUR3 billion recorded in 2017, primarily due

  • Rolls-Royce rolls back TF-X participation

    Rolls-Royce has revealed that it has proposed improved terms to the Turkish government with its partner Kale Group for the nation’s TF-X fighter development, as the British engine manufacturer confirms that it has scaled back its involvement in the project. It was reported on 4 March that

  • USAF plans event to fund speedy technology acquisition

    The US Air Force (USAF) is holding a pitch event on 6 and 7 March for small businesses and start-ups, aimed at providing the service access to new technologies that could be funded under a USD40 million allocation from the government. The USAF has invited 59 companies to the event, during which it

  • Royal Australian Navy prepares to retire Bell 429 helicopters

    The Royal Australian Navy (RAN) has progressively transitioned its naval aviation training operations to the Airbus EC-135T2+ helicopter and will soon phase out the Bell 429 from this role. The final Bell 429 helicopter made its final public appearance at the 2019 Avalon Airshow, which took place

  • Austal posts earnings increase based on US growth

    Australian shipbuilder Austal posted strong increases in revenue and earnings for the first six months of fiscal year 2019 (FY 2019) based on continuing growth in the US. Austal announced on 28 February that during the six months of the fiscal year that ended 31 December, it recorded AUD851.5

  • Australia’s defence portfolio undergoes further leadership changes

    The senior leadership of the Australian government’s defence portfolio is undergoing further personnel changes with the announcements on 2 March that defence minister Christopher Pyne is retiring from parliament and that defence industry minister Steven Ciobo has resigned. Pyne said he will

  • Dassault sales up 4% in 2018

    French defence and aerospace supplier Dassault Aviation released results from its 2018 financial year on 28 February, showing revenues rising 4.3% year on year to reach just under EUR5.1 billion (USD5.8 billion). The company’s operating income also had a strong increase of almost 90% compared

  • Rolls-Royce defence revenue continues decline in 2018 results

    The amount of revenue UK aerospace and marine propulsion manufacturer Rolls-Royce generates from the defence sector continued to decline in 2018, according to its annual results that were published on 28 February. The company generated a total of GBP15.7 billion (USD20.8 billion) in its 2018

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