HEADLINES

  • Thales agrees sale of security module business ahead of Gemalto buy

    Thales has signed an agreement with secure identity and issuance technology company Entrust Datacard for the sale of its General Purpose Hardware Security Module (GP HSM) business line, as part of commitment to fulfil competition requirements for its planned acquisition of digital security company

  • Germany’s arms export approach again called into question by European partner

    France has again called upon Germany to ease its export restrictions against countries outside of the European Union, or risk the future of development programmes it is jointly undertaking with continental partners, such as the pan-European next-generation fighter programme. Since the two countries

  • UK Serious Fraud Office drops historic allegations against Rolls-Royce employees

    The UK Serious Fraud Office (SFO) has closed its investigation into a number of Rolls-Royce employees, citing insufficient evidence for conviction in relation to accusations of bribery and corruption against certain individuals dating back 30 years. Allegations against several employees were

  • Avalon 2019: GA-ASI looks to enhance Australian Reaper engagement

    General Atomics Aeronautical Systems Inc (GA-ASI) is expected to enhance its industrial engagement in Australia following Canberra’s announcement in November 2018 that it had selected the company’s MQ-9 Reaper to meet requirements under Project Air 7003 Phase 1 for an armed

  • Avalon 2019: Rafael positions for Australian expansion

    Israel’s Rafael Advanced Defense Systems is positioning for expansion in Australia following its successful campaign in 2018 to supply its Spike LR2 anti-tank guided weapon system to the Australian Defence Force (ADF). Gideon Weiss, director of marketing and business development at

  • Avalon 2019: US increases industrial presence at Australian airshow

    The US will be represented at the 2019 Avalon Airshow near Melbourne by more than 100 companies, its largest ever contingent at the event, a US Embassy spokesperson confirmed to Jane’s . In comments before the airshow, which runs from 26 February to 3 March, the US Embassy spokesperson said

  • Naval Group and ASC sign submarine framework accord

    Naval Group has signed an agreement with Australian government-owned shipyard ASC that provides a framework for collaboration on the Sea 1000 project to build 12 Attack-class submarines for the Royal Australian Navy (RAN). Under the agreement – announced on 25 February – Naval Group and

  • IDEX 2019: Emirati development fund launches technology competition

    The UAE’s Defence and Security Development Fund (DSDF) announced the launch of a competition to develop new intellectual property (IP) in the country on 20 February. Working alongside the Sandooq Al Watan fund and Advanced PyroTechnics (APT) under the UAE’s Centurium Challenge, the

  • IDEX 2019: Fincantieri pursues co-operation with Abu Dhabi Shipbuilding

    Italian state-controlled shipbuilder Fincantieri announced on 21 February that it had agreed to pursue industrial co-operation with Abu Dhabi Shipbuilding at the Abu Dhabi 2019 International Defence Exhibition & Conference (IDEX 2019). Although no formal agreement was signed, the two companies

  • IDEX 2019: Osprey still attracting strong interest in Middle East

    Interest from the UAE and other regional operators in the V-22 Osprey is continuing to grow, as requirements continue to be shaped following operational experiences. “When we’re showing scenarios using an Osprey versus multiple aircraft, the reasoning is pretty clear. Whether it’s

  • IDEX 2019: QinetiQ joint venture nears readiness

    QinetiQ’s Houbara target drone joint venture (JV) is continuing to stand up its capabilities in the United Arab Emirates (UAE), following its formation in late 2017. Speaking to Jane’s at the IDEX 2019 trade show in Abu Dhabi, QinetiQ’s international business development director,

  • MTU Aero Engines’ revenue hits new high

    German aircraft propulsion manufacturer MTU Aero Engines generated record levels of revenue in its 2018 financial year, according to a financial statement released on 20 February. The company, which is responsible for the EJ200 engine used on the Eurofighter Typhoon, reported that it had recorded

  • Naval Group continues profit growth in 2018

    French shipbuilder Naval Group released details of its financial performance on 21 February, with results for 2018 showing continued improvements in sales and profitability. The group generated annual revenue of EUR3,608 million (USD3,147 million) in 2018, a rise of 13.0% from 2017, thanks in large

  • Turkish firms at IDEX feel shunned due to Qatar situation

    Turkish defence companies felt they were sidelined at the IDEX show because of their country’s close relations with Qatar, which the United Arab Emirates (UAE) and its allies are currently subjecting to a blockade. “Politics affects us,” the director of a major Turkish defence

  • IDEX 2019: Saudi Arabia teams with Emirati firm on unmanned surface vehicles

    The United Arab Emirates company Al Seer Marine announced on 20 February that it had signed a teaming agreement with Saudi Arabia’s Advanced Electronics Company (AEC). The agreement involves Al Seer Marine building unmanned surface vessels (USVs) for Saudi Arabia, with AEC to act as the key

  • Aero India 2019: Saab signs Indian partnership accords

    Saab has signed agreements with three Indian companies to support its bid to supply its Gripen fighter aircraft to the Indian Air Force (IAF). The Swedish group announced on 21 February at the Aero India 2019 show in Bangalore that the separate memorandum of understanding (MOU) agreements were

  • Boeing awarded EPAWSS contract modification for F-15E

    Boeing has been awarded a USD24.1 million contract modification related to the Eagle Passive/Active Warning and Survivability System (EPAWSS) upgrade for the F-15E Strike Eagle combat aircraft. The contract, which was awarded by the US Department of Defense (DoD) on 21 February, is for hardware and

  • IDEX 2019: Contracts at show focus on sustainment rather than procurement

    Key Points Contracts announced at IDEX related to the UAE armed forces reached a total of around USD5.4 million However, no major new procurement contracts were awarded The contracts that the United Arab Emirates’ (UAE’s) armed forces announced over the five days of the IDEX show,

  • IDEX 2019: Leonardo, ADSB sign MOU on combat management systems

    Italy’s Leonardo and UAE naval firm Abu Dhabi Ship Building (ADSB) announced the signing of a Memorandum of Understanding (MOU) at the IDEX 2019 trade show. Under the MOU, the two companies will work together to create a Combat Management System (CMS) Integration Laboratory that can undertake

  • India, Saudi Arabia agree joint defence production

    India and Saudi Arabia have agreed to co-operate on defence production activities, the two countries said in a joint statement. Under the agreement – announced by the Indian Ministry of External Affairs (MEA) on 20 February – the two sides will collaborate on the “joint defence

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