• South Korea boosts financial support for local SMEs

    South Korea’s Defense Acquisition Program Administration (DAPA) has outlined plans to provide increased financial support for domestic defence companies. The DAPA said on 18 December that from 2019 it will nearly double the amount of investment that it is offering local small and medium-sized

  • Australia lines up credit facility to support defence exports

    The Australian government announced on 17 December that it will provide state credit to support two local companies' efforts to export radars systems and patrol boats. The government indicated that it is the first time that the export credit system – officially termed the ‘Defence

  • BAE Systems, General Dynamics to build US Army’s Mobile Protected Firepower prototypes

    The US Army has selected BAE Systems and General Dynamic Land Systems (GDLS) to build new, light-combat vehicle prototypes under its Mobile Protected Firepower (MPF) initiative. During a 17 December media roundtable, army officials announced plans to award the duo with contracts valued up to USD376

  • Australia awards munition contracts to NIOA, General Dynamics

    The Australian government announced on 17 December that it has entered into two “significant contracts” for the supply of munitions to the Australian Army. Minister for Defence Christopher Pyne said in a statement that Canberra signed a three-year contract worth AUD81.6 million

  • Elbit-Adani JV opens new UAV facility

    A joint venture (JV) between Adani Group and Elbit Systems has opened a new facility in Hyderabad, India, which will manufacture aerostructures for unmanned aerial vehicles (UAVs) in a bid to pitch the latter’s Hermes 900 aircraft to the Indian ministry of defence. Considered by the companies

  • Supreme Court of India finds no wrongdoing in Rafale procurement

    The Supreme Court of India has said it has found no evidence of wrongdoing in the Indian government’s procurement of 36 Dassault Rafale fighter aircraft from France. The verdict, which was published on 14 December, followed the Supreme Court’s study of the procurement and the submission

  • Australia finalises frigate contract with ASC Shipbuilding becoming a BAE Systems subsidiary

    The Australian government has signed the head contract in support of the Royal Australian Navy’s (RAN’s) Sea 5000 programme to procure Hunter-class frigates from BAE Systems, it was announced on 14 December. In announcing the deal, BAE Systems confirmed that ASC Shipbuilding, a division

  • Belgium Naval & Robotics reveals MCM industrial plan

    The Belgium Naval & Robotics consortium, a teaming between Naval Group and ECA, has launched an industrial plan to pitch for the Belgian/Dutch mine countermeasures (MCM) acquisition programme. The consortium met with industry and research partners on 13 December to present the plan it is

  • Blighter selects S-Connect as South Korean partner

    Blighter Surveillance Systems has appointed S-Connect as its South Korean partner for the manufacture of electronically-scanned (e-scan) radars in country. Following a period of training in both the UK and South Korea, the company is now qualified to build, test, support, and maintain the e-scan

  • Embraer and Boeing agree terms for commercial merger, marketing of KC-390

    Embraer and Boeing have agreed on the strategic terms under which they will merge the majority of the commercial business of the former, as well as form a joint venture (JV) under which they will jointly market the KC-390 transport aircraft. Under the proposed agreement, Boeing will acquire an 80%

  • Falling defence sales in South Korea prompts pledge to boost industrial capability

    South Korean Defence Minister Jeong Kyeong-doo has pledged to revitalise the country’s defence industry by leveraging advances in 4th Industrial Revolution technologies such as artificial intelligence and robotics. Jeong made the remarks in a statement by the Ministry of National Defense

  • South Korea’s DAPA reveals defence offset policy revisions

    South Korea’s Defense Acquisition Program Administration (DAPA) revealed a set of revisions for its updated defence offset policy on 17 December, which it said will “expand defence exports, boost capability, and create jobs”. DAPA disclosed the revisions following concerns

  • Update: Pentagon seeks better insight into F-35 sub-tier suppliers

    Key Points The Pentagon is seeking better insight into F-35 sub-tier suppliers It is likely that the Pentagon is looking for vulnerability points or perhaps more accurate pricing The Pentagon is seeking a better understanding of the risks presented by key components and organisations in the

  • Hungary buys H225M helos with HForce weapons system

    Hungary has ordered 16 Airbus Helicopters H225M multirole rotorcraft equipped with the company’s HForce Generic Weapon System (GWS). The deal, announced by the manufacturer on 14 December, will see the helicopters delivered to the Hungarian Ministry of Defence (MoD) in support of the

  • Germany extends Heron 1 leasing contract with IAI

    Germany has again extended its leasing contract with Israel Aerospace Industries (IAI) for Heron 1 unmanned aircraft system (UAS) operations in Afghanistan, it was announced on 12 December. According to Airbus, which is the prime contractor for the German government, the Bundeswehr has renewed its

  • India and Russia pledge to deepen military-technical partnership

    India and Russia have agreed to strengthen the already robust military-technical partnership between the two countries, the Indian government’s Press Information Bureau (PIB) announced on 13 December. Following meetings in New Delhi between Indian Defence Minister Nirmala Sitharaman and her

  • India’s Adani expands defence profile through Alpha acquisition

    Indian group Adani has expanded its defence industrial capabilities through the acquisition of Bangalore-headquartered Alpha Design Technologies Limited (ADTL), Adani said in a filing to the Bombay Stock Exchange on 13 December. The transaction is valued at about INR4 billion (USD56 million),

  • Leonardo announces creation of new electronics division

    Italian defence and aeronautics company Leonardo approved the simplification of its business structure in its Electronics, Defence & Security Systems reporting sector on 13 December, resulting in the merging of three of its operating units into a new Electronics division. The move will see the

  • UPDATE: Japan pursues additional exports to the Philippines

    Japan is engaging with the Philippines over potential opportunities to export additional defence equipment to the Southeast Asian country, the Japanese Ministry of Defense’s (MoD’s) Acquisition, Technology & Logistics Agency (ATLA), has confirmed to Jane’s . The export effort

  • HHI awarded contract to build final two FFX-II frigates for RoKN

    South Korean shipbuilder Hyundai Heavy Industries (HHI) has been awarded a KRW633.5 billion (USD563 million) contract for the construction of the final two Daegu (FFX-II)-class guided-missile frigates for the Republic of Korea Navy (RoKN), the company announced on 13 December. Construction of the

Subscribe to Industry for access to more latest Industry news, analysis and data