Second Tranche of Rafale for Indonesia Enters into Force
SAINT-CLOUD / JAKARTA — As part of the contract signed by Indonesia on February 2022 for the acquisition of 42 Rafale fighter jets, the second tranche of 18 Rafale has … Read More
Category: INDUSTRY
The latest industry news
Malaysian Company G7 Aerospace Signed Collaboration Agreement with Turkish Aerospace
Malaysian aerospace company, G7 Aerospace Sdn Bhd signed a Collaboration Agreement on ANKA Unmanned Aerial System (UAS) Industrial Collaboration Programme (ICP) with Turkish Aerospace Inc. at IDEF’23 in Istanbul. This … Read More
Philippine To Receive Their Fifth and Sixth T129 ATAK Helicopters by End of 2023
The fifth and sixth T129 ATAK ordered by the Philippines will be delivered by end of 2023, the airframe maker Turkish Aerospace has said. The helicopters are now in the … Read More
Korea Aerospace Second Quarter Net Profit Down but Bullish on Stable Future Growth
Korea Aerospace Industries Ltd. (KAI) has reported an operating profit of 8.4 billion won ($6.4 million) over sales of 733.5 billion won for the second quarter of this year. This … Read More
Northrop Grumman Opens New Hypersonic Propulsion Systems Manufacturing Facility
Northrop Grumman Corporation has opened a Hypersonics Capability Centre (HCC) in Elkton, Maryland to produce advanced propulsion solutions that can power hypersonic missiles beyond Mach 5. A factory-of-the-future, the HCC … Read More
American Rheinmetall Vehicles and Team Lynx awarded contract for US Army’s XM30 Mechanized Infantry Combat Vehicle Programme
The US Army has awarded American Rheinmetall Vehicles (Sterling Heights, MI) and the industry leading companies of Team Lynx – Textron Systems, Raytheon Technologies, L3Harris Technologies, Allison Transmission, and Anduril … Read More
Germany to Simplify Procedures for Defence Exports to South Korea
Germany plans to simplify its procedures for exports of defense products to South Korea starting next month, Seoul’s arms procurement agency said. From Sept 1, Germany will no longer require … Read More
BAE Systems Forecasts High as Defence Orders Surge
The United Kingdom’s biggest defence company and Europe’s top weapons contractor BAE Systems increased its earnings guidance for 2023 to growth of 10%-12%, citing increased global uncertainty had driven military … Read More
Taiwan Eyes Mirage 2000 Service Life Extension
TAIPEI: Taiwan is looking at the possibility of extending the service life of a number of its Mirage 2000 fighter jets for both “strategic and risk-hedging” reasons, the Air Force … Read More
Indonesia Buys 12 Turkish Military Drones to Boost Air Surveillance
Indonesia has bought 12 ANKA surveillance and reconnaissance drones worth US$300 million from Turkish Aerospace to be used by its military to strengthen the nation’s defences, its Defence Ministry said. … Read More