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Defence Industry
Analysis: Balanced books renew UK MoD's confidence but challenges remain
The UK Ministry of Defence (MoD) has emerged from governmental purdah after balancing its 10-year budget plan and rebuilding trust with the Treasury after years...
16-May-2012
Boeing and Northrop Grumman sign Brazilian partnerships to underline Super Hornet push
Boeing and Northrop Grumman have made further moves into the Brazilian market, having announced that they will explore working with two of the country's ...
16-May-2012
South Korea and Denmark expand defence electronics co-operation
South Korea and Denmark have agreed to expand industrial collaboration in developing defence electronic systems through a teaming agreement signed in Seoul between local ...
16-May-2012
UK outlines Falklands defence spending forecast
The UK defence spend on the disputed Falkland (Malvinas) Islands stands at GBP64 million for 2011-2012, although official figures show the government expects military ...
16-May-2012
UK MoD closes budget 'black hole'
The UK has succeeded in returning to a balanced defence equipment budget, UK Defence Secretary Phillip Hammond told the House of Commons on 14 May....
15-May-2012
BAE Systems bolsters Malaysian bids with broad-ranging tie-ups
BAE Systems is undertaking a trade mission in East Malaysia to further expand its industrial footprint in the Southeast Asian country. The mission -...
15-May-2012
Pakistan re-offers JF-17 to Indonesia under industry collaboration deal
Pakistan has reiterated its offer to Indonesia of the JF-17 Thunder combat aircraft, co-developed by the Pakistan Aeronautical Complex and China's Chengdu Aerospace Corporation. ...
15-May-2012
Babcock reports growing sales in 2011-12 while profits stall
UK-based Babcock has announced a 13.6 per cent increase in revenues for 2011-12, while profits for the year were static at GBP104.1 million. Total...
15-May-2012
UK awards follow-on £5bn contract for Trident maintenance
The UK has assured the future of its Atomic Weapons Establishment (AWE) until 2018 with a further GBP5 billion (USD8 billion) investment into facilities ...
15-May-2012
Babcock sells VT Services for £61m
The UK's Babcock International has agreed to sell its US subsidiary VT Services to a private investment fund for GBP61 million (USD98.75 million), less ...
14-May-2012
Russia introduces new rules to control industry's profits and prices
Russia is to limit the defence industry's profits and equipment prices under a new government initiative. Russia's Federal Tariff Service and Trade and Industry ...
14-May-2012
New Zealand negotiates purchase of SH-2G Super Seasprite helos rejected by Australia
The New Zealand Ministry of Defence (MoD) has begun preliminary negotiations with Kaman Aerospace over the potential purchase of the SH-2G Super Seasprite helicopters ...
14-May-2012
ATK adopts aggressive foreign strategy to address US declines
United States-based aerospace and defence manufacturer Alliant Techsystems (ATK) is targeting up to 15 per cent annual growth in emerging markets after conceding it has...
11-May-2012
Spain turns to domestic defence firms during economic crisis
The Spanish Ministry of Defence (MoD) is turning increasingly to national companies as its preferred suppliers during the current economic crisis, according to a ...
11-May-2012
Indonesia buys more amphibious infantry fighting vehicles from Russia
Indonesia's Ministry of Defence (MoD) signed a contract with Russian arms export agency Rosoboronexport on 11 May for an additional 37 BMP-3F amphibious infantry ...
11-May-2012
Indonesia, China plan joint C4ISR military electronics facility
Indonesia and China are planning to establish a collaborative military electronics facility to develop C4ISR systems, state-run news agency in Indonesia has reported. The...
11-May-2012
UK has defaulted to following French strategy in bilateral project, says EADS
The UK's defence industrial partnership with France is unbalanced and could lead to British companies losing out in their dealings with French counterparts, a ...
10-May-2012
MBDA's Brazilian missile test reflects local strategy
MBDA has announced that it has successfully test-fired an Exocet MM40 missile that was re-engined using a new flight propellant developed in Brazil: a ...
10-May-2012
Israel changes arms export approval procedure
The Israeli government has established a new mechanism to resolve disagreements between the Ministry of Defence (MoD) and the Foreign Ministry after a State ...
10-May-2012
South Australia seeks defence investment from UK
A team of senior politicians and industry officials from South Australia is aiming to secure investment from UK defence companies during a trade mission ...
10-May-2012
Putin outlines defence and foreign policy goals
Following his inauguration on 7 May President Vladimir Putin announced 11 executive orders outlining Russia's strategic military and foreign policy aims. Part of these...
09-May-2012
KADEX: Kazakhstan builds on role as Central Asian hub for foreign manufacturers
Kazakhstan has persuaded several foreign defence firms to base their first Central Asian manufacturing operations in the country, according to defence officials and companies ...
09-May-2012
General Dynamics broadens network comms business with IPWireless buy
General Dynamics has bolstered its network communications offering with the purchase of IPWireless Inc, a provider of broadband equipment to government and commercial customers. ...
09-May-2012
Kratos snaps up composite structures firm CEI
Kratos Defense & Security has made its first acquisition of the year, announcing on 8 May its agreement to acquire Composite Engineering Inc (CEI): ...
09-May-2012
Briefing: Australian industry sees tough times ahead after budget cuts
Australian defence industry officials are forecasting difficult times ahead for locally based companies following Canberra's decision to cut AUD5.4 billion (USD5.5 billion) from the country's...
09-May-2012
KADEX: Kazakhstan outlines wishlist of fighters, transports and UAVs
Kazakhstan's procurement priorities are new fighter and transport aircraft, unmanned aerial vehicles (UAVs) and air defence, the country's deputy defence minister told IHS Jane's...
08-May-2012
UK MoD awards DBS efficiency contract to Accenture-Serco partnership
The UK Ministry of Defence (MoD) has awarded a GBP36 million (USD58 million) contract to Accenture and Serco to improve the operational efficiency of ...
08-May-2012
Saab acquires 15 per cent of Brazil's Akaer
Sweden's Saab has acquired a 15 per cent stake in Brazilian engineering firm Akaer following a five-year collaboration on design work for Saab's Gripen ...
08-May-2012
Russia lifts Libyan arms embargo
Russia has lifted its arms trade embargo against Libya in a move that could re-establish a decades-old supply partnership and reinvigorate defence deals potentially ...
08-May-2012
IMI files suit over debarment from Indian defence contracts
Israel Military Industries (IMI) has filed a petition in the High Court of Delhi challenging the Indian Ministry of Defence's (MoD's) decision to debar ...
08-May-2012
Lockheed Martin secures DC3 cyber contract
Lockheed Martin has been selected to support the US Department of Defense's (DoD's) Cyber Crime Centre (DC3) in a contract worth USD454 million, it ...
04-May-2012
Hawker Beechcraft files for bankruptcy protection
Hawker Beechcraft has filed for Chapter 11 bankruptcy protection in the US after receiving approval from more than two-thirds of its creditors to begin ...
04-May-2012
India approves ground-breaking Pipavav-MDL joint venture
Indian firm Pipavav Defence and Offshore Engineering has confirmed the formation of a ground-breaking joint venture (JV) with Mazagon Dock Ltd (MDL) after formal ...
04-May-2012
India closes in on Pilatus acquisition
India's acquisition of 75 Swiss-made Pilatus PC-7 Mk II tandem-seat basic trainer aircraft is set to go ahead after the Ministry of Defence (MoD) ...
03-May-2012
Cobham agrees Thrane & Thrane takeover
Cobham has agreed to acquire Danish vehicle satellite communications (satcoms) firm Thrane & Thrane for an increased offer of GBP275 million (USD446 million), after ...
03-May-2012
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