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International News

Israel's Elbit to buy Uzi maker IMI for $523 million

Elbit Systems.Israel will sell state-owned weapons maker IMI Systems to Elbit Systems for 1.8 billion shekels ($523 million), the Finance Ministry said on Sunday.


Trump's military parade planned for Veterans Day - without tanks

Donald Trump.A military parade requested by President Donald Trump will take place in November on Veterans Day in Washington D.C., but to minimize damage to roads it will not include tanks, a Pentagon memo released on Friday said.

Airbus says 3,700 jobs hit by slower A380, A400M deliveries

An A400M production line.Airbus will cut production rates for its A380 superjumbo and A400M military aircraft, it confirmed on Wednesday, adding that up to 3,700 jobs would be hit in France, Germany, Britain and Spain.

Japan's new advanced fighter may be based on existing foreign design

The X-2 prototype.Japan is seeking proposals for a new advanced jet fighter based on an existing Western aircraft and wants American and British cooperation to help kick-start development of the project, which is estimated to cost around $40 billion, three sources said.


EU agrees first defense projects, delays decision on British role

altA group of European Union countries agreed on Tuesday to develop their first joint defense projects under a pact that excludes Britain, giving London a taste of life outside the bloc’s foreign policy decision-making process.


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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.