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Spanish government clears Meteor purchase
The Spanish government has given the Ministry of Defence (MoD) clearance to spend EUR100 million (USD144 million) on the first consignment of Meteor beyond-visual-range ...
04-Jan-2010
Regulator clears EADS of breaking insider trading rules
EADS officials have been cleared of alleged breaches of insider trading rules, the group announced on 17 December. The Airbus parent said in a ...
21-Dec-2009
Cost of Afghan operations set to increase significantly next year
The cost to the UK of operations in Afghanistan is set to increase significantly in Financial Year 2009-10, but will be offset by a ...
10-Dec-2009
South Africa calls time on A400M
The South African government decided on 4 November to withdraw from the A400M military transport aircraft programme due to delays and spiralling acquisition costs, although...
11-Nov-2009
Steyr-Mannlicher calls for change to Austrian export controls
Austrian firearms manufacturer Steyr-Mannlicher (SM) has criticised the country's export controls regime, arguing that "again and again [the company is] losing contracts" because of a...
30-Sep-2009
Taiwan looks to increase offset ratio and threshold
The Taiwanese government is considering a proposal to increase both the threshold and the ratio of the country's defence offset policy, Jane's has learned. ...
24-Sep-2009
Spanish MoD faces budget cut
Spain's Ministry of Defence (MoD) is facing a 3.9 per cent cut in its spending next year as the government prepares to counteract the ...
02-Oct-2008
Dutch order additional Bushmasters
The Netherlands Ministry of Defence has ordered 13 Bushmaster infantry mobility vehicles from Thales Australia at a cost of more than AUD15 million (USD14.4 ...
30-Jun-2008
Russia pledges to accelerate conventional weaponry production
Russia is set to more than double production of conventional weaponry by 2015, First Deputy Prime Minister Sergei Ivanov said on 24 March. "By...
27-Mar-2008
Aselsan and Roketsan ink strategic accord on co-operation
Turkish defence companies Aselsan Military Electronics Industry and Trade and Roketsan Rocket Industry and Trade signed a strategic co-operation agreement on 14 March to ...
27-Mar-2008
PCB Piezotronics appoints Ronald J Levecchi
PCB Piezotronics, the United States sensor manufacturer, has appointed Ronald J Levecchi as senior director of its new Aerospace & Defense division. Levecchi will...
22-Jan-2008
VTB divests stake in EADS
Russian state development bank Vneshtorgbank (VTB) has confirmed that it has passed its 5 per cent stake in EADS to another state financial services organisation,...
28-Dec-2007
The week ahead: Zodiac prepares to release sales figures
Zodiac Group On 17 September the French aerospace and technology group will announce its preliminary results and sales for the fourth quarter of Fiscal ...
14-Sep-2007
Boeing and Lockheed Martin submit proposals for USAF GPS Block III
Boeing and Lockheed Martin have both submitted their proposals for the first phase of the USD2 billion US Air Force (USAF) GPS Block III ...
28-Aug-2007
Boeing and Lockheed Martin submit TSAT proposals
Boeing and Lockheed Martin have both submitted their bids for the space segment of the multi-billion dollar Transformational Satellite Communications System (TSAT). In separate...
31-Jul-2007
Former BAE Systems' president joins ATK board
MARK Ronald, formerly president and chief executive officer of BAE Systems Inc, is to join the board of Alliant Techsystems (ATK) as an independent ...
04-Jan-2007
L-3 announces quarterly dividend
L-3 COMMUNICATIONS has declared a quarterly cash dividend of 18.75 cents per share, payable on 15 September. The US defence electronics group's previous quarterly...
12-Jul-2006
ThyssenKrupp announces share buyback
GERMAN technology group ThyssenKrupp has announced a share buyback as part of its growth and investment strategy. In view of a cash level of...
04-Jul-2006
Boeing announces dividend
BOEING is to pay its shareholders another quarterly dividend of 30 cents per share, the US defence and aerospace group announced on 26 June. ...
27-Jun-2006
Boeing terminates KC-135 depot maintenance MoA, says Pemco
US-based Pemco Aviation Group has announced that Boeing has terminated a Memorandum of Agreement (MoA) with L-3 Integrated Systems and Pemco. The MoA provided...
13-Jun-2006
Sikorsky announces military helicopter prototyping/completion centre to open
SIKORSKY is to open a rapid prototyping and completion centre for military helicopters, the company announced on 5 June. The 100,000 sq ft Rapid...
06-Jun-2006
Reunert plans to sell off defence companies
SOUTH African electronics group Reunert intends to sell off those defence industry companies remaining in its Reutech division. Gerrit Pretorius, Chief Executive of Reunert,...
02-Jun-2006
Slovakia's defence spending will increase only marginally
SLOVAKIA is set to increase defence spending marginally after 2010, the country's defence minister has said. Approximately 1.85 per cent of gross domestic product...
17-May-2006
Slovakia plans marginal increase in defence spending
SLOVAKIA is set to increase defence spending marginally after 2010, the country's defence minister has said. Approximately 1.85 per cent of gross domestic product...
17-May-2006
Boeing moves towards accord in Druyun case
BOEING has reached a 'tentative' settlement with the US Department of Justice regarding the Darleen Druyun affair, the US defence and aerospace company announced ...
16-May-2006
Northrop Grumman opens new UAV production centre
Northrop Grumman has opened its Unmanned Systems Center production facility in Moss Point, Mississippi, where the MQ-8B Fire Scout and portions of the RQ-4B Global...
20-Apr-2006
Boeing cuts jobs at Wichita upgrade facility
BOEING Integrated Defense Systems is to cut 900 jobs at its modernisation and upgrade facility in Wichita, Kansas, company officials stated on 17 April. ...
18-Apr-2006
Alcatel and Lucent's "merger of equals"
Alcatel of France and US-based Lucent Technologies have announced a USD13.4 billion "merger of equals" that aims to create a "global leader in convergence". ...
03-Apr-2006
Indian cabinet approves proposals to prevent equipment acquisition delays
THE Indian cabinet has approved government proposals to strengthen the financial powers of the defence minister. The move would double Defence Minister Pranab Mukherjee's ...
30-Mar-2006
UK minister predicts DESO operating cost reductions
THE UK Defence Export Services Organisation (DESO) is forecast to cut its operating costs in 2006, a government minister has told the House of Commons....
24-Mar-2006
NATO sees UK financial contribution rise in 2005
THE UK increased its financial contribution to NATO by 29.2 per cent in 2005, Armed Forces Minister Adam Ingram told parliament on 23 March. ...
24-Mar-2006
Northrop Grumman contemplates constitutional amendment
NORTHROP Grumman is poised to amend its constitution in an attempt to enhance shareholder participation, the US defence company announced on 15 March. Northrop ...
16-Mar-2006
Saab lays off 65 production staff
SAAB Bofors Dynamics will lay off 65 workers at its production facility in Karlskoga, Sweden, the company announced on 7 March. Saab cited declining ...
07-Mar-2006
General Dynamics announces first stock split in eight years
GENERAL Dynamics has increased its quarterly dividend and announced its first stock split for eight years. The two-for-one split of the company's common stock ...
02-Mar-2006
Saab Aerotech announces redundancies
SWEDISH defence and aerospace group Saab has announced further redundancies in its Aerotech business unit "in response to a changing market situation and overcapacity". ...
27-Feb-2006
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