News

  • 30 July 2007

    Northrop Grows on Laser Contract

    Defence technology company Northrop Grumman will provide the US Army with $91m worth of Lightweight Laser Designator Rangefinder (LLDR) systems to help GPS-guided and conventional munitions with laser guiding. The...

  • 30 July 2007

    US Plans Saudi Arms Deal

    The US is preparing to enter a huge arms deal with Saudi Arabia and other Arab states worth $20bn over the next decade, according to US media reports. Newspapers The...

  • 27 July 2007

    US Develops Fly That Spies

    US scientists have developed a life-sized robotic 'fly', capable of flight, which could be used for covert surveillance. The fly, which weighs 60mg and has a wingspan of 3cm, was...

  • 27 July 2007

    US Troops Benefit From New Surveillance System

    A new surveillance system developed and manufactured in only three weeks has been installed in Iraq for US troops. The Rapid Deployment Integrated Surveillance System has been developed to improve...

  • 26 July 2007

    UK Announces £7.7bn Budget Increase

    The UK Government has announced it will increase its defence spending by £7.7bn over the next three years. The overall defence budget, representing a growth of 1.5% in real terms,...

  • 26 July 2007

    British PM Confirms DESO Closure

    British Prime Minister Gordon Brown has confirmed the Defence Export Services Organisation (DESO) will be shut down, leaving UK defence contractors to work through another government department. Brown told members...

  • 25 July 2007

    Northrop Revises 2007 Earnings Forecast

    Northrop Grumman has revised its earnings forecast for the year as it reports an increased second quarter profit. Second quarter income rose 4% to $460m, compared with $442m in the...

  • 25 July 2007

    Lockheed Records Profits Rise

    Lockheed Martin has reported its second-quarter earnings have increased 34% to $778m – easily beating analyst expectations. The company says last year's second quarter profits were $580m, with this year's...

  • 25 July 2007

    Boeing Develops Truck-Mounted Laser

    Boeing says it is developing a truck-mounted laser weapon system that destroys rockets, artillery shells and mortar rounds for the US Army. The contract, worth $7m, will see Boeing develop...

  • 24 July 2007

    BEA Test Marius During ‘Terrorist Attack’

    BAE Systems has successfully tested a mobile ground station for emergency services in a simulated terrorist attack. The ground station is a key element of the Mobile Autonomous Reactive Information...

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