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Kongsberg Buys 49.9% Share of Patria
The Finnish state has agreed to sell 49.9 percent of shares in its defence equipment firm Patria to Norwegian defence company Kongsberg Gruppen for 272 million euros in cash. Finland will retain its r

Xi Calls for Innovation, Reforms to Upgrade Chinese Military
BEIJING --- Xi Jinping, general secretary of the Communist Party of China Central Committee, on Sunday highlighted theoretical and technological innovation as the key to upgrade the country's military

It’s Business As Usual Building US Air Force’s New B-21 Bomber
At a recent House Armed Services Committee hearing, Lt. Gen. Arnold Bunch, a deputy in the Air Force’s acquisitions office, fielded a question from Guam Representative Madeleine Bordallo about the dec

China Justifies Need for Djibouti Naval Base
About 7,700 kilometers away from Beijing, in Djibouti in the Horn of Africa, China's first overseas installation for naval vessels is under construction. Scheduled to be completed in 2017, the base...

Lockheed Martin: Making Money the Old-Fashioned Way
Lockheed Martin held its annual media day this week, and CEO Marillyn Hewson assured those attending that the company was financially sound and poised to lead the industry in developing the next gener...

Kongsberg Buys 49.9% Share of Patria
The Finnish state has agreed to sell 49.9 percent of shares in its defence equipment firm Patria to Norwegian defence company Kongsberg Gruppen for 272 million euros in cash. Finland will retain its r...

Xi Calls for Innovation, Reforms to Upgrade Chinese Military
BEIJING --- Xi Jinping, general secretary of the Communist Party of China Central Committee, on Sunday highlighted theoretical and technological innovation as the key to upgrade the country's military...

It’s Business As Usual Building US Air Force’s New B-21 Bomber
At a recent House Armed Services Committee hearing, Lt. Gen. Arnold Bunch, a deputy in the Air Force’s acquisitions office, fielded a question from Guam Representative Madeleine Bordallo about the dec...

UK Tipped to Extend Mini Cruise Missile Assessment Phase
ONDON – Britain's Defence Ministry is expected to extend MBDA’s assessment phase contract on the SPEAR Capability. No formal decision has been announced to continue solely with development of MBDA’...

Russia Tests-Fires New Hypersonic Zircon Cruise Missile
MOSCOW ---The first tests of the Russian Navy’s new hypersonic Zircon cruise missiles have been launched in Russia, a senior defense industry source said Thursday. "The tests of the hypersonic Zirc...

GAO Denies Amphibious Combat Vehicle Protest
WASHINGTON --- The U.S. Government Accountability Office has denied General Dynamics Land Systems' protest of contract awards to BAE Systems and SAIC for the Marine Corps' Amphibious Combat Vehicle pr...

SAIC Wins $121M Contract for ACV Follow-on Phase
MCLEAN, Va. --- The U.S. Marine Corps awarded Science Applications International Corp. (SAIC) a prime contract worth $121.5 million to build 13 prototypes for the Engineering, Manufacturing and Develo...

Latest PAC-3 Version Intercepts Missile Target In Flight Test
WHITE SANDS MISSILE RANGE, N.M. --- A Lockheed Martin PAC-3 Missile Segment Enhancement (PAC-3 MSE) Missile successfully detected, tracked and intercepted a tactical ballistic missile (TBM) target tod...

Rotorcraft Modernization Efforts Back On Track, Officials Tell Congress
WASHINGTON --- Rotorcraft modernization, severely affected by budget cuts, is just now getting back on track, Army and Air Force officials told a House panel yesterday. Army Lt. Gen. Michael E. Wil...

China Delivers Six Jet Trainers to Venezuela
The Venezuelan Air Force in late February received six China-made K-8W jet trainers, with the other three expected to arrive soon, the British Jane's Defence Weekly reported on March 14, 2016. The ...

Pentagon, Intel Agencies Partner on Space Capabilities
WASHINGTON --- Space is crucial to U.S. national security, and the Defense Department and intelligence agencies are working together well to ensure the United States dominates that domain, officials t...

Pentagon Plays Up Security Challenges, Warns Against Sequestration
WASHINGTON --- The United States is facing five global strategic challenges, while at home sequestration poses a great risk to the funding of critical investments, Defense Secretary Ash Carter told la...

USAF Still Doesn’t Know Why Its Block 1 MQ-9s Fail
WASHINGTON, DC --- The US Air Force says it has avoided 17 more MQ-9 Reapers crashes since last April thanks to a backup electrical system that has been installed as a safeguard against a still-undete...

Six Aegis Ships Fire SM-2 Missiles In Group Exercise
ATLANTIC OCEAN --- Eisenhower Carrier Strike Group (IKECSG) completed a multi-ship, live-fire exercise with the Standard Missile (SM-2), March 15. The dynamic exercise was part of the strike group'...

US Navy Tests Sea-Basing Concept During Korea Exercise
POHANG, South Korea --- Military Sealift Command's maritime prepositioning force ship USNS Fred W. Stockham and the expeditionary transfer dock USNS Montford Point performed a "skin-to-skin" (S2S) man...

Executive Fired for Candid Speech on US Launch Industry
The engineering chief of the nation’s largest rocket-launch firm got a little too candid during a recent talk at his alma mater. Students at the University of Colorado got an unexpected lesson abou...

Wall Street Journal Interviews Rostec CEO Sergei Chemezov
Recently, the CEO of Russia’s Rostec, Sergei Chemezov, sat down with The Wall Street Journal for an interview on a range of subjects pertaining to the company.[i] The interview covered a number of imp...

US Military Chiefs Question Readiness Amid Korea Tensions
SEOUL --- U.S. military leaders voiced concern Wednesday about their ability to fight a conventional war against the armed forces of countries like China, Russia, Iran and North Korea. U.S. Army Ch...

Airbus Sees India Needing 1,600 New Aircraft By 2034
India’s preference for Airbus aircraft was further consolidated in 2015 with 250 new firm orders, lifting market share of orders and the in-service fleet to over 70 per cent. Today some 56 per cent of...

RAN Resumes Dipping Sonar Operations After 20-Year Hiatus
Over the past two weeks, aviation personnel from the Royal Australian Navy’s 725 Squadron based at HMAS Albatross, have been conducting anti-submarine warfare exercises with submarine, HMAS Rankin, of...

Rolls-Royce to Power New Italian Navy LHD
Rolls-Royce has been selected to provide MT30 gas turbines to power a prestigious new multi-purpose amphibious vessel for the Italian Navy, which is an important element of the country’s fleet renewal...

US Navy Tests Upgraded Periscope Detection System
WASHINGTON --- The Navy concluded a successful light-off test of its upgraded Periscope Detection and Discrimination (PDD) capability for the AN/SPQ-9B Anti-Ship Missile Defense Radar onboard USS Lake...

Boeing Reinforces European Management Team
-- Sir Michael Arthur appointed president Boeing Europe London --- Boeing today announced a regionalized leadership structure in Europe, to streamline its corporate presence and drive business grow...

RUAG 2015 Sales Dip But EBIT Increases 20%
Despite some extraordinary obstacles such as the appreciation of the Swiss franc and export embargoes, RUAG increased its earnings before interest and taxes (EBIT) substantially in 2015, bringing the ...

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