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Analysis and news for the global defence industry |
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ASD warns on Europe's reluctance to invest in defence
The Aerospace and Defence Industries Association of Europe (ASD) has highlighted the 'discrepancy' between geopolitical developments and Europe's 'reluctance' to invest in the defence sector...
03-Jul-2009
India's finance ministry urges increase in FDI limit
India's Ministry of Finance (MoF) has recommended that the level of foreign direct investment (FDI) in domestic defence industries should be raised to 49 per...
03-Jul-2009
Turkey signs contract to acquire six Type 214 submarines
Turkey is to acquire six Type 214 submarines from Howaldtswerke-Deutsche Werft (HDW) and its commercial partner MarineForce International (MFI) under a contract signed on ...
03-Jul-2009
Japan selects Lockheed Martin to modernise Aegis combat systems
Lockheed Martin Maritime Systems and Sensors has won a USD7 million contract to modernise the Aegis combat systems onboard the Japan Maritime Self-Defense Force's ...
03-Jul-2009
South Korea to boost R&D budget
South Korea will increase its military research and development (R&D) budget by around one-third over the coming five years in order to address "North Korea's...
03-Jul-2009
UK MoD places exacting demands on LPPV contenders
Further details have emerged of the very stretching requirements and burden that the UK Ministry of Defence (MoD) expects industry to bear for the Light...
03-Jul-2009
Europe's aerospace and defence industries 'held their own' in 2008, says ASD chief
Europe's land and naval defence sectors had a "satisfactory" year in 2008, with a 6.5 per cent increase in turnover, strong growth in foreign markets...
03-Jul-2009
DRS wins sighting systems order for US Army
DRS Technologies has secured a USD49 million follow-on order for second-generation forward-looking infrared (SGF) sighting systems and components from Raytheon's Network Centric Systems business, ...
03-Jul-2009
BAE Systems appoints integrated cyber-warfare executive
BAE Systems has named John Osterholz senior executive to lead its integrated cyber-warfare business in the United States, it was announced on 3 June. ...
03-Jul-2009
US DoD appoints new head of DARPA
The US Department of Defense (DoD) has appointed Regina Dugan as the new director of the Defense Advanced Research Projects Agency (DARPA), it was ...
03-Jul-2009
EDA launches European offsets code
The European Defence Agency (EDA) has launched its voluntary, non-legally binding Code of Conduct on Offsets to be applied to all defence offsets agreements ...
02-Jul-2009
UK parliamentary report questions high Iraq expenditure forecast
The cost to the UK of operations in Iraq in 2009-10 will be "significant" despite a widescale drawdown in troop numbers, the UK House of...
02-Jul-2009
UK rules out imminent revision of Defence Industrial Strategy
The UK Ministry of Defence (MoD) currently has no plans to produce a revised version of the Defence Industrial Strategy (DIS II), although a government...
02-Jul-2009
Larsen & Toubro pumps profits from cement company sale into defence
Indian conglomerate Larsen & Toubro (L&T) will invest the profits from a recent sale of a stake in a cement company in its growing...
02-Jul-2009
India defers decision on venture capital fund to boost SMEs
A proposal by a group of former Indian bankers to create a venture capital fund designed to assist the expansion of defence small and ...
02-Jul-2009
Kongsberg reaps rewards of Norway's F-35 choice
The benefit to Kongsberg of Norway's decision to select the F-35 Joint Strike Fighter (JSF) to meet its USD2.5 billion requirement for 48 fighter ...
02-Jul-2009
ST Engineering proposes to dissolve iDirect Singapore
Singapore Technologies Engineering (ST Engineering) has announced it will strike off a subsidiary of its electronics division as the group continues its long-standing strategy ...
02-Jul-2009
Australia outlines five-year procurement plan
The Australian government released its Defence Capability Plan (DCP) 2009 on 1 July, which outlines 110 procurement projects over the next five years with a...
02-Jul-2009
QinetiQ completes Cyveillance acquisition
QinetiQ has completed the acquisition of US-based cyber security company Cyveillance Inc following approval from the US government, it was announced on 1 July. ...
02-Jul-2009
Praxair completes purchase of Sermatech
Praxair Surface Technologies - an industrial gases company - announced on 1 July that it has completed the purchase of Sermatech International Holdings from ...
02-Jul-2009
Sweden selects Harris RF-78000S Secure Personal Radios
Sweden has selected Harris Corporation's RF-78000S Secure Personal Radio to meet its Inter-Intra Group Radio programme, it was announced on 1 July. An initial...
02-Jul-2009
Kavveri Telecom announces acquisition of Trackcom
Indian telecommunications company Kavveri Telecom said on 2 July that it has acquired Canada-based radio frequency technology specialist Trackcom Systems International. Kavveri said it...
02-Jul-2009
Saab wins JAS 39 upgrade contract
Saab has received an SEK350 million (USD45 million) order from the Swedish Defence Materiel Administration (FMV) for development work on its JAS 39 Gripen ...
02-Jul-2009
BAE plans to appeal Swedish AWV decision, axes Hägglunds jobs
BAE Systems plans to contest Sweden's decision to select Patria's Armoured Modular Vehicle (AMV) 8x8 platform in preference to its Modular Armoured Tactical System ...
01-Jul-2009
J F Lehman acquires Defense Venture Group
US private equity firm J F Lehman & Company has acquired armoured vehicle products provider Defense Venture Group (DVG) for an undisclosed amount, the ...
01-Jul-2009
Australian government reveals priority industry capabilities in response to criticism
The Australian government has released details about "priority industry capabilities" (PICs) in response to criticism from domestic industry that a previous decision to withhold ...
01-Jul-2009
Australian DoD and Raytheon sign agreement to identify industry potential in US
The Australian Department of Defence (DoD) and Raytheon Australia signed an agreement on 1 July that will see the company identify potential opportunities for ...
01-Jul-2009
ST Kinetics expresses disappointment over continued Indian suspension
Singapore Technologies Kinetics (ST Kinetics), the land systems arm of ST Engineering, has expressed its concern and disappointment about the continuing trade suspension imposed ...
01-Jul-2009
Lockheed Martin wins Australian combat systems service contract
The US Navy has awarded Lockheed Martin Maritime Systems and Sensors a USD45 million contract to supply Aegis combat systems engineering services to the ...
01-Jul-2009
Boeing wins $750 million USAF B-52 support contract
The US Air Force (USAF) has awarded a USD750 million contract to Boeing to provide engineering support for its B-52 bomber aircraft, the company ...
01-Jul-2009
Lockheed Martin wins 'Space Fence' contract
The US Air Force (USAF) has awarded Lockheed Martin a USD30 million contract to begin concept development for the US 'Space Fence' radar system. ...
01-Jul-2009
Patria and Kongsberg sign deal under Finland's MRADMS programme
Patria and Kongsberg Defence & Aerospace AS have signed a EUR36 million (USD50.9 million) agreement related to the Finnish Defence Force's Medium-Range Air Defence ...
01-Jul-2009
US Navy awards Raytheon Lot 9 Sidewinder deal
Raytheon has won a USD166.9 million contract from the US Navy for Lot 9 production and delivery of the AIM-9X Sidewinder Block I infra-red-guided ...
01-Jul-2009
BMT Group appoints new defence sector director
UK engineering, science and technology consultancy BMT Group has appointed David Rainford as director of the company's defence sector, it was announced on 1 ...
01-Jul-2009
Oerlikon Space joins RUAG group
Swiss defence and aerospace group RUAG has completed the purchase of Oerlikon Space AG from the industrial group OC Oerlikon. The move is consistent ...
01-Jul-2009
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