Monday, May 21, 2018
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International News


Airbus and Dassault Aviation join forces on future air combat systems

Airbus and Dassault will cooperate on a future fighter.Airbus and Dassault Aviation on 25 April announced they had decided to join forces for the development and production of Europe’s Future Combat Air System (FCAS), which is slated to complement and eventually replace current generation of Eurofighter and Rafale fighter aircraft between 2035 and 2040.
 

United States to lower foreign arms sales surcharge

A TOW missile being fired from a Humvee.The U.S. government will reduce its administrative surcharge on foreign arms sales to 3.2 percent from 3.5 percent from June as part of a broader bid to make U.S. weapons more competitive internationally, a top U.S. official told Reuters on Wednesday.
 

Lockheed lauds U.S. arms sales push, sees foreign sales rising

An F-35.Top U.S. weapons maker Lockheed Martin Corp welcomed a push by U.S. President Donald Trump to speed up approvals of arms sales, saying it would reassure allies who had been frustrated by bureaucratic delays in the past.
   

General Dynamics profit beats as weapons unit drives sales

An Abrams tank.General Dynamics Corp reported a better-than-expected quarterly profit on Wednesday, as sales in its unit that makes tanks and weapons systems gained from the U.S. government’s move to boost defense spending.
 

Some U.S. allies caught in crossfire of sanctions on Russian arms

A Su-30K.U.S. sanctions on Russian military exports have put the brakes on a $6 billion deal with India and may derail the arms purchases of other U.S. allies around Asia, experts say.
   

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Company News


  • BRONCO II launched for USA
    by Paramount Group, 10 May 2018

    The BRONCO II's internal Interchangeable Multi-Mission System Bay allows a single airframe to be rapidly reconfigured to perform multiple roles.

  • AHRLAC/Mwari enters production and preparing first deliveries
    by Paramount Group, 8 May 2018

    The Ahrlac and its armed variant, the Mwari, are being developed and produced at Wonderboom Airport by Ahrlac Holdings, co-owned by Paramount Group.

  • defenceWeb launches new drone portal
    by defenceWeb, 7 May 2018

    The unmanned aerial vehicle portal will focus exclusively on military and commercial unmanned aviation, regulations and technology.