The latest industry news
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 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
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 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
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
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 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
As part of a US Department of Defense Foreign Military Sale (FMS), Boeing have received a contract to produce 18 CH-47F Block I Chinooks for South Korea and one additional … Read More
CANBERRA: South Korea’s defence contractor, Hanwha, has been selected to supply new armoured vehicles to Australia to replace the Army’s ageing fleet of Vietnam War era combat vehicles. Hanwha beat Germany’s … Read More
RTX demonstrated advanced AI-enabled communications systems to rapidly distribute data to coalition partners during the second round of the US Indo-Pacific Command’s Northern Edge 2023 exercise series at Kadena Air … Read More
