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Analysis and news for the global defence industry |
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USN awards further Hawkeye low-rate production contract
US Naval Air Systems Command (NAVAIR) has awarded Northrop Grumman a USD94.6 million contract for long-lead items for Lot 3 low-rate initial production (LRIP) ...
16-Mar-2010
US seeks fixed-price F-35 deal in bid to control costs
The US military's top acquisition official is planning to switch to a fixed-price contract for the F-35 Lightning II Joint Strike Fighter programme in place...
16-Mar-2010
Lockheed Martin appoints new controller
Lockheed Martin has appointed Christopher Gregoire as vice-president and controller, succeeding acting Controller Mark Bostic. Bostic will continue in his position as vice-president of ...
16-Mar-2010
L-3 secures $21m F-16 simulator deal
L-3 Communications has been awarded a USD20.9 million contract option to supply F-16 simulators to the US under the Mission Training Center (MTC) programme. ...
16-Mar-2010
Indonesian Navy seeks training ship replacement
The Indonesian Navy (TNI-AL) is seeking government support for the acquisition of a USD50 million training ship to replace its existing and ageing vessel...
16-Mar-2010
Saab submits older Gripen for Indian MMRCA evaluation
Sweden's Saab has said that its chances of winning the Indian Medium Multi-Role Combat Aircraft (MMRCA) contest will not be affected by its decision to...
16-Mar-2010
US, Russia account for half of global arms sales, says SIPRI
Russia and the United States dominated the international arms export market from 2005-09, although there was significant growth for other exporters, most notably France and...
16-Mar-2010
Navistar wins US MRAP suspension deal
Navistar Defense has been awarded a USD178 million contract to retrofit 1,222 US-operated mine-resistant ambush-protected (MRAP) vehicles with new suspension units, the company announced ...
16-Mar-2010
India reveals equal funding with Russia on aircraft development
Indian Defence Minister A K Antony has confirmed that joint development programmes with Russia to produce a multirole transport aircraft (MRTA) and a fifth-generation ...
16-Mar-2010
Sweden receives strong interest in AWV re-run
Sweden has reported a strong response to its request for quotations (RfQ) in the re-run of its armoured wheeled vehicle (AWV) contest. The ...
16-Mar-2010
India seeks streamlined US export controls
The US-India Business Council (USIBC) has heard how "anomalous" American export controls need to be streamlined in order to facilitate increased defence and related trade...
16-Mar-2010
BAE cuts jobs at Security and Survivability unit
BAE Systems is to cut up to 200 further jobs at its Security and Survivability unit, due to the winding down of key contracts and...
16-Mar-2010
Zodiac reports decline in group revenues
French aviation systems group Zodiac Aerospace has posted an 8 per cent decline in group revenues to EUR966 million (USD1.3 billion) for the first ...
16-Mar-2010
Atkins reveals management reshuffle
UK-based engineering and design consultancy WS Atkins has announced a reorganisation of senior management, effective from 1 April. Atkins announced on 15 March that...
16-Mar-2010
Australia encourages M&A activity in domestic industries
Australia welcomes mergers and acquisitions (M&A) of its defence industries as long as the transactions are properly managed, according to Greg Combet, Minister for Defence...
16-Mar-2010
Rumours emerge of early decision for UK's FRES-SV programme
Industry sources indicate that the UK Ministry of Defence (MoD) may have made a surprise early decision on its Future Rapid Effect System - ...
15-Mar-2010
Vietnam and France nearing defence procurement accord
Vietnam and France have moved closer to signing an agreement on potential military acquisitions following meetings in Hanoi on 12 March. The Vietnam government...
15-Mar-2010
AVIC seeks funds for 20-ton helicopter project
The Aviation Industry Corporation of China (AVIC) has urged central government to allocate funds to develop a 20-ton helicopter platform for military and commercial ...
15-Mar-2010
Elbit wins major Australian Army communications deal
The Australian Department of Defence has signed a AUD349 million (USD319 million) contract with Israel's Elbit Systems for the supply of an electronic battle ...
15-Mar-2010
India and Russia grow partnership with deals
India and Russia signed a host of defence agreements on 12 March, centred on the supply of MiG-29K fighters for the Indian Air Force ...
15-Mar-2010
Patria posts hike in operating profits, cautious over 2010 prospects
Finnish land systems contractor Patria posted flat revenues of EUR539.5 million (USD742 million) during Fiscal Year 2009, although operating profit more than doubled to ...
15-Mar-2010
UTC reaffirms 2010 financial predictions
United Technologies (UTC) expects to generate earnings per share (EPS) in the range of USD4.40 to USD4.65 for 2010: a rise of between 7 ...
15-Mar-2010
Iraq requests sale of communications equipment
The US Defense Security Co-operation Agency (DSCA) has notified Congress of a potential possible Foreign Military Sale (FMS) to Iraq of communications equipment, associated ...
15-Mar-2010
Lockheed Martin eyes cyber-security acquisitions
Lockheed Martin will focus its acquisition efforts on cyber assets during 2010 as it seeks to meet the pressing strategic needs of Western governments, according...
15-Mar-2010
CHC puts Australian subsidiary up for sale
The Australian subsidiary of the CHC Helicopter Corporation has been put up for sale, Jane's has learnt. CHC Helicopters (Australia), based in Adelaide,...
12-Mar-2010
Europe Analysis: EU voices concern over EADS's cancelled KC-X bid
The jury is still out in Europe regarding the impact on transatlantic defence industrial relations of the recent retreat by a European-led team to ...
12-Mar-2010
Sales at Nexter surge 53% on back of VBCI orders
Sales at land armaments group Nexter reached EUR887 million (USD1.2 billion) in Fiscal Year (FY09): a 53 per cent rise over the figure for ...
12-Mar-2010
Indonesia and Pakistan finalise defence co-operation agreement
Indonesia and Pakistan are finalising details of a defence co-operation agreement (DCA) that is expected to promote opportunities for defence sales between the two ...
12-Mar-2010
Indonesia's PT Dirgantara developments hit by financial problems
The financial position of Indonesia's state-owned aviation specialist PT Dirgantara Indonesia (PTDI) is posing a threat to its ability to provide capabilities to the ...
12-Mar-2010
South Korea and US to expand defence trade with upcoming meeting
Defence officials from South Korea and the United States will hold a military procurement meeting on 19 March intended to expand defence trade between ...
12-Mar-2010
Indian Air Force orders 12 AgustaWestland AW101 helicopters
AgustaWestland has been awarded a EUR560 million (USD765 million) contract by the Indian Air Force to provide AW101 helicopters. The deal follows concerted efforts ...
12-Mar-2010
Northrop Grumman warns of US job cuts
Northrop Grumman has informed 180 US workers that they may be laid off due to a predicted lull in maintenance and modification work. The...
12-Mar-2010
ATK's new CEO announces company reorganisation
Alliant Techsystems' (ATK's) new chief executive officer (CEO) has moved to make his mark on the company with a reorganisation of the US munitions ...
12-Mar-2010
Northrop Grumman appoints new Space business unit vice-president
Northrop Grumman has appointed Paul K Russell as vice-president of its newly created Space business unit: the latest in a series of changes to ...
12-Mar-2010
South Korea considers offset changes in bid to stimulate foreign investment
The Korea Trade-Investment Promotion Agency (KOTRA) and the Defence Acquisition Programme Administration (DAPA) are discussing ways in which South Korea could encourage more investment from...
11-Mar-2010
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