Philippines decides to fully restore Visiting Forces Agreement with US
Signed in February 1998, the VFA allows free entry of US military aircraft and vessels inside the country.
Business & Regulation
Northrop Grumman raises guidance after recording strong results in Q2
In the second quarter of 2021, Northrop Grumman’s sales and net earnings were $9.2bn and...
Shield AI to takeover VTOL aircraft developer Martin UAV
Shield AI will combine its combat-proven autonomy software ‘Hivemind’ into the V-BAT, if the deal...
General Dynamics posts 17.9% increase in quarterly net earnings
The US-based aerospace and defence company reported net earnings of $737m and revenue of $9.2bn...
Raytheon Technologies records 13% growth in second quarter sales
The company reported strong results in second quarter driven by growth in its defence businesses.
UK establishes Western Balkans Land Regional Coordination Cell
Western Balkans Land Regional Coordination Cell will focus on UK capacity building efforts.
Lockheed Martin reports nearly 5% increase in sales in Q2 2021
The company also reported an increase in second quarter 2021 net earnings despite booking a loss of $225m at Aeronautics segment.
UAS AI technology company Shield AI acquires software firm Heron Systems
The transaction is expected to enhance Shield AI's AI engineering capabilities.
Saab reports strong results in Q2 2021
The company reported a 15% sale growth driven by high project activity and deliveries.
France and US agree to increase cooperation in special operations
Defence chiefs of the two countries also discussed about cooperation in intelligence, space and cyber domains.
Sentient Digital acquires software development services provider RDA
Sentient Digital also announced a rebranding that involves a new name and a logo as part of the acquisition.
