Lockheed Martin reports sales up 4% in first quarter 2021
Lockheed Martin has reported a 4% increase in net sales to $16.3bn during the first quarter of 2021 when compared to $15.7bn in the same period a year earlier.
UK set to buy 14 new Chinooks for £1.4bn
The UK is close to closing a purchase of 14 new extended-range CH-47 Chinooks from...
Australia and Nato allies to withdraw from Afghanistan along with US
Australia and Nato allies have decided to draw down all their troops from the Resolute Support Mission (RSM) in Afghanistan.
Sikorsky S-97 Raider flies two US Army FARA demonstrations
Lockheed Martin company Sikorsky’s S-97 Raider helicopter prototype has flown two demonstrations for the US Army future attack reconnaissance aircraft...
US to withdraw remaining troops from Afghanistan by 11 September
US President Joe Biden has decided to pull out all the remaining American troops from Afghanistan before 11 September.
Weekly chart
Company job postings
Companies in the aerospace, defence and security sector with the most new job openings in the past three months (Source: GlobalData)
| Company | Jobs Posted |
|---|---|
| Raytheon Technologies Corp | 15685 |
| Leidos Holdings Inc | 6220 |
| Lockheed Martin Corp | 4771 |
| Northrop Grumman Corp | 4759 |
| General Dynamics Corp | 4521 |
| The Boeing Co | 3809 |
| L3 Harris Technologies Inc | 3449 |
| Thales SA | 2943 |
| Vectrus Inc | 2519 |
| Huntington Ingalls Industries Inc | 1986 |
Latest News
India’s DRDO develops supplemental oxygen delivery system for soldiers
The Indian Ministry of Defence (MoD) has announced the development of SpO2 (Blood Oxygen Saturation) supplemental oxygen delivery system. The…
IAI’s BARAK ER 150km range interceptor completes trial series
Israel Aerospace Industries (IAI) has completed a set of test flights of BARAK extended range (ER) 150km range interceptor. The…
Rostec demonstrates joint operation of Msta-S howitzer and Orlan-10E drone
Russian state tech corporation Rostec has demonstrated coordination capabilities between Msta-S self-propelled howitzer and Orlan-10E reconnaissance unmanned aerial vehicle (UAV).…
Rheinmetall and Northrop to offer future artillery ammunition technology
Rheinmetall Denel Munition has formalised a ten-year agreement with Northrop Grumman to develop ammunition technology for future artillery operations. The…
Latest Themes
Cubic’s Nuvotronics to develop SWaP 5G WNCT for US military applications
Cubic wholly owned subsidiary Nuvotronics has secured a contract to support the US Department of Defense (DoD) '5G to Next G' programme.
US’ Biden administration reasserts African presence as plans for June’s ‘African Lion 21’ exercise underway
After the cancellation of the annual ‘African Lion’ exercise in 2020 due to COVID-19, two senior US Army commanders, Gen. Christopher Cavoli and Maj. Gen....
Cloud Computing in Defence: Macroeconomic Trends
Militaries have been relatively slow to adopt the benefits of cloud computing (either hybrid, private or public) in comparison to the commercial world.
UK defence budget sees investment boost
The UK defence sector is set to receive a seismic boost in funding, the largest investment in 30 years, increasing the defence budget by £16.5bn...
President-elect Biden’s victory could boost US firms in F-X partnership battle
On the 30th October, the Japanese Defense Minister announced that Mitsubishi Heavy Industries would be the prime contactor to develop the country’s next-generation F-X stealth...
Advanced counter UAS solutions for the defence industry
With the growing threat posed by unmanned aerial systems (UAS), the demand for reliable and effective counter UAS solutions in the defence industry has never...
President-elect Biden likely to re-focus on emerging technologies
Despite remaining non-committal on the specifics of his administration's defense plans, Biden is confident that there will not be significant reductions in the defense budget...
Argentina armored vehicles modernization an opportunity for its industry
The Argentinian Minister of Defense Agustin Rossi recently paid a visit to the Iveco Brazil factory where he was toured at the Guarani armored vehicles...
Expert Commentary & Analysis
View MoreAdvanced Materials – Regulatory Trends
Advanced materials have great potential to address defence challenges and better enable armed forces to respond to future opportunities and threats. They can provide cost-effective and reliable solutions to improve…
Advanced Materials – Macroeconomic Trends
Advanced materials and manufacturing will have a significant impact for decades to come. Driven by the constant desire to seek lighter, stronger and more durable structures, new metals and alloys…
R&D focus of new Biden budget likely to provide increased funding for technologies including Hypersonics and Quantum
At the beginning of March 2021, the Biden administration unveiled its top line defense budget for 2022, coming in at $753 billion; it constitutes an increase of 1.6% over the…
Advanced Materials – Technology Trends
Advanced Materials can be used in a wide variety of areas from lighter, more agile aircraft and emerging hypersonic systems, to personal protection equipment and hostile environments where risks and…