Safran in talks to buy PNT solutions provider Orolia
The deal, if completed, will see Orolia combine with Safran’s equipment and defence division.
Business & Regulation
Five Australian companies secure Defence Global Competitiveness funding
The grants will help to boost the export capability of the country’s defence industry.
UK Government to restructure British Army to prepare for future threats
This is considered to be the most radical transformation of the army in over two...
Rheinmetall to buy a 25.1% stake in Hungarian IT company 4iG
The deal marks the first step for Rheinmetall in setting up an IT and telecommunications...
Sikorsky and the CIAC reach agreement to support Colombia’s Black Hawks
The CIAC will supply Black Hawk parts from Sikorsky to the Colombian Army, Colombian Air...
UK agrees to cooperate on Poland’s future ground-based air defence system
The two countries entered an agreement to share advanced technologies in developing NAREW defence system.
EDGE entity Earth and L3Harris to open WESCAM EO/IR service centre in UAE
The agreement is aimed at localising WESCAM MX service capability under a WESCAM Authorized Service Center.
Israeli firm Elbit Systems launches subsidiary in UAE
The company will showcase its solutions at the Dubai Airshow 2021.
Hensoldt records 19% revenue growth in first nine months of 2021
The company expects full-year currency and portfolio-adjusted revenues of around €1.5bn.
Huntington Ingalls Industries reports 33.8% drop in Q3 net earnings
HII’s net earnings in Q3 2021 were $147m, compared to $222m in Q3 2020.
Leidos reports 7% YoY growth in third-quarter 2021 revenue
The company has updated its FY21 guidance and now expects to register revenues in the range of $13.7bn to $13.9bn.
