Attendees unlikely to visit defence or trade shows unvaccinated: Poll
Defence show organisers and exhibitors are eagerly waiting for the world to return to normal in 2021, even as vaccination is in progress.
Market Data
L3Harris reports 1.3% drop in quarterly revenue in Q1 2021
US-based technology company and defence contractor L3Harris Technologies reported a 1.3% year-on-year drop in revenue...
US Marines new investment plan highlights the growing importance of electronic warfare
Following an online conference and the release of the force design updates for 2030, the US Marine Corps have detailed...
CACI’s revenues increase 5.9% in third quarter of 2021
CACI International has posted a 5.9% increase in revenues to $1.55bn during the third quarter of 2021 when compared to...
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...
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…
UK Defence Secretary sets out 2030 vision for armed forces
UK Defence Secretary Ben Wallace has outlined the 2030 vision for the country’s armed forces as part of the ‘Defence in a Competitive Age’ report. The report ensures that the…
US DoD authorises more personnel to assist Covid-19 vaccination centres
The US Department of Defense (DoD) has authorised an additional ten Type 2 teams to support the ongoing Covid-19 vaccination administration efforts. The move comes in response to a request…
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. Andrew Rohling (Commanding General and…
L3Harris to sell certain business units to CAE and RENK for $1.45bn
L3Harris Technologies has signed a definitive agreement to divest its military training business to CAE for a cash consideration of $1.05bn. The military training business generates annual revenue of approximately…
AeroVironment completes purchase of Arcturus UAV for $405m
AeroVironment has purchased high-performance unmanned aircraft system (UAS) manufacturer Arcturus UAV in a transaction valued at around $405m. The acquisition will enable AeroVironment to expand its portfolio of UAS into…
