LEONARDO COMPLETED THE SALE OF ITS UNDERWATER BUSINESS TO FINCANTIERI
Under the binding agreement signed on May 9, 2024, at the time of closing, Leonardo received a payment of €287 million, based on the fixed Enterprise Value component of €300 million. The variable component,...
First Indonesian A400M enters final assembly in Seville
The first Airbus A400M for the Indonesian Air Force has entered the Final Assembly Line (FAL) in Seville, marking a significant milestone in the production of this multirole tanker and transport aircraft ahead of...
Hanwha Systems’ Ship Cyber Security Solution ‘SecuAider®’ Achieves Asia’s First E27 TA Certification
Hanwha Systems' proprietary cybersecurity solution for ships was E27 certified by the American Bureau of Shipping(ABS) for the first time in Asia. With this certification, Hanwha Systems will accelerate its advance into the...
Armadrone and MDSI Join Forces to Reshape Combat Drones
Armadrone, a cutting-edge Ukraine developer of strike drones and MDSI, a leading innovator in modular payload technologies, are proud to announce a strategic partnership. The collaboration unites Armadrone’s innovative drone engineering and MDSI’s...
India’s indigenous defense manufacturing prowess demonstrated by commissioning of three naval assets
Following the news on the simultaneous commissioning of three indigenously built naval assets by the Indian Navy;Rithik Rao, Aerospace & Defense Analyst at GlobalData, a leading data and analytics company, offers his view:“The commissioning of...
DYXnet Hosts its First Cross-Region Simulated Attack and Defense Exercise
As technology rapidly evolves, the number and complexity of cyberattacks have increased significantly. To enhance the response capabilities of its cybersecurity team in addressing various threats, DYXnet, a leading enterprise network service provider...
Israel MOD Signs Two Major Deals with Elbit Systems
The Israel Ministry of Defense (IMOD) announced the signing of two major defence capability agreements with Elbit System, totalling approximately NIS 1 Billion. The agreements were signed by IMOD Director General Maj. Gen. (Res.)...
Exail announces first sale of DriX O-16 transoceanic Uncrewed Surface Vessel
Exail is proud to announce the first sale of its DriX O-16, a transoceanic Uncrewed Surface Vessel (USV). Designed for long-range maritime operations, it has been acquired by an Indo-Pacific customer operating in the...
RUAG receives order for the delivery of containerised miFAP systems
The German contracting authority, BAAINBw. commissioned RUAG with the supply of containerized miFAP systems into an HF-shielded container with all necessary supply systems continues our pursuit of the mobilization of deployment sys...
EUROFIGHTER’S SIGNS LONG TERM EVOLUTION CONTRACT
The future production of the Eurofighter Typhoon jet has taken a significant step forward this week with the signing of the contract for Part 1 of the Long Term Evolution (LTE) Technology Maturation Phase...
