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Report: UK’s defence budget to improve over the next five years, after a series of cuts

The UK Government is anticipated to spend $54.4bn for defence in 2016, recording a negative compound annual growth rate (CAGR) of 2.42% over the last five years, according to a report by...

Report: UK’s defence budget to improve over the next five years, after a series of cuts

Report: Defence budget cuts to slowdown Malaysian procurement programmes

Malaysia's defence procurement will slow down owing to budget cuts in defence sector, says a report by Strategic Defence Intelligence...

Report: Defence budget cuts to slowdown Malaysian procurement programmes

Deals this week: Airbus, Intellicheck Mobilisa, SAIC

Airbus Group, an aerospace and defence company based in the Netherlands, has sold bonds worth $1.21bn in a public...

Deals this week: Airbus, Intellicheck Mobilisa, SAIC

Report: Indian defence industry to attract foreign OEMs

India's decision to increase its foreign direct investment (FDI) limit to 49% has paved the way for many foreign original equipment manufacturers (OEMs) to establish a presence in the...

Report: Indian defence industry to attract foreign OEMs

Deals this week: General Dynamics European Land Systems, Boeing, AMTEC

The Denmark Defence Acquisition and Logistics Organization (DALO) has awarded a $783.79m contract to General Dynamics European Land Systems Mowag for the supply of 309 armoured personnel...

Deals this week: General Dynamics European Land Systems, Boeing, AMTEC

Report: China to ramp up its defence spending in the next five years

The annual defence expenditure of China is anticipated to reach $247.5bn by 2021, according to a report by Strategic Defence Intelligence (SDI). The country's allocation for defence...

Report: China to ramp up its defence spending in the next five years

Deals this week: Thales, Saint-Gobain, XTEK

Thales has raised $$667.39m through a public offering of fixed-rate bonds, due June...

Deals this week: Thales, Saint-Gobain, XTEK

Report: Asymmetric threats to bolster demand for ballistic protection systems

Evolving threat scenarios worldwide are driving military forces to adopt sophisticated ballistic protection technologies for troops operating in high-threat environments, according to a report...

Report: Asymmetric threats to bolster demand for ballistic protection systems

Deals this week: KEYW, Lockheed Martin, Navistar Defense

KEYW Holding Corporation has secured a five-year, indefinite delivery/indefinite quantity contract worth $460m from the US Cyber Command to help support cyber...

Deals this week: KEYW, Lockheed Martin, Navistar Defense

M&As this week: TransDigm Group, Court Square Capital Partners, Stellar Capital Partners

TransDigm Group has agreed to purchase ILC Holdings from Behrman Capital for...

M&As this week: TransDigm Group, Court Square Capital Partners, Stellar Capital Partners

Deals this week: BAE Systems, Boeing, ManTech International

BAE Systems and Fujitsu have entered a collaboration to develop a cyber threat intelligence (CTI) sharing system, which allows the companies to exchange CTI information...

Deals this week: BAE Systems, Boeing, ManTech International

Deals this week: Harris Corporation, Booz Allen Hamilton, Security First Corp

US-based Harris Corporation has secured a $405m foreign military sales contract from the US Army Communications-Electronics Command...

Deals this week: Harris Corporation, Booz Allen Hamilton, Security First Corp

Deals this week: Cobham, FLYHT Aerospace Solutions

Cobham, a British technology company that serves military, security and aerospace industries, plans to issue shares in a bid to raise...

Deals this week: Cobham, FLYHT Aerospace Solutions

Engility to provide CBRNE support to Defense Threat Reduction Agency

Engility Holdings has secured a $248m contract to provide support services to the Defense Threat Reduction Agency...

Engility to provide CBRNE support to Defense Threat Reduction Agency

Optex Systems to deliver laser-protected periscopes to US Army

US-based optical sighting systems manufacturer Optex Systems has secured a contract to supply new periscopes for the US...

Optex Systems to deliver laser-protected periscopes to US Army

Switzerland lifts ban on arms export to Middle East

The Swiss Ministry of Defence (MoD) has reportedly lifted a ban on the exports of certain arms to the Middle...

Switzerland lifts ban on arms export to Middle East

Plextek creates a skills assessment system to enhance military training

UK-based electronics design provider Plextek has developed a virtual-reality skills assessment system to identify candidate training needs and enhance the training programme for the UK Ministry...

Plextek creates a skills assessment system to enhance military training

China test fires DF-41 ballistic missile

China has reportedly test-fired a new variant of its 10,000km-range Dongfeng missile, near the disputed South China...

China test fires DF-41 ballistic missile

US to deploy additional forces to support ISIS combat mission in Iraq

The US Department of Defense (DoD) has unveiled plans for the next phase of the fight against...

US to deploy additional forces to support ISIS combat mission in Iraq

US Army tests Israeli Tamir interceptor air-defence missile

The US Army has reportedly test-fired the Israeli Tamir interceptor air-defence missile, which is used by the Iron Dome anti-missile defence...

US Army tests Israeli Tamir interceptor air-defence missile

DRS Technologies to support Bowman C4I upgrade for UK Army's combat vehicles

DRS Technologies has secured a contract to support the Bowman tactical command, control, communications, computers, and intelligence (C4I) system for the British Army's fleet of combat...

DRS Technologies to support Bowman C4I upgrade for UK Army's combat vehicles