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Departure of Denel CEO opens door for government defence industry rationalisation...

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The imminent departure of Denel’s chief executive provides an opportunity for radical measures including merging major components of government-owned defence industry agencies and companies. A...

Thyssenkrupp merger talks

German conglomerate Thyssenkrupp is in talks about merging subsidiary ThyssenKrupp Marine Systems (TKMS) with a domestic rival to create a national champion. Thyssenkrupp board member...

Anti-trust approval for UTC, Raytheon deal

The US Justice Department approved United Technologies Corporation’s planned merger with Raytheon, subject to conditions. UTC agreed in June to combine its aerospace business with...

ThyssenKrupp sees no chance for shipyards tie-up

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ThyssenKrupp said it does not see any prospects of merging its military shipyards with those of French group DCNS. "ThyssenKrupp Marine Systems is...

Germany, France eye naval shipyards merger – paper

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Germany and France are considering merging their naval shipbuilding assets in what would be their biggest industrial partnership since the creation of...

Paramount wraps up Aerosud buy-in

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The Paramount Group has completed the acquisition of a 19% stake in Aerosud Holdings (Pty) Limited, the privately-owned aeronautical engineering company that...

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Misleading SANDF post removed after defenceWeb intervention

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One imagines at least a handful of the more than seven thousand followers of the SA National Defence Force (SANDF) LinkedIn social media account...