Forecast International (FI) expects African defense budgets will grow at an average of less than 3% per year for 2011 through 2015. This figure is substantially lower than the 2006-2010 compound annual growth rate of 12.96% per year.
2011-12-20 07:46:46
Robonic Ltd Oy (a subsidiary of Sagem, Safran group) has delivered its 8th Robonic Kontio (type MC2555LLR) pneumatic launcher to Cassidian, an EADS company, to be used to expand the company's on-going target drone services globally.
2011-12-20 07:29:13
Emirates airline, the largest customer for the Airbus A380 superjumbo, is hoping to soon place more orders for the 525-seat aircraft made by EADS’s Airbus unit, the airline’s Chief Executive Officer told a German newspaper.
2011-12-20 07:12:16
The Thales Board of Directors approved Friday the decision to exercise Thales' option to raise its stake in DCNS from 25% to 35%.
2011-12-20 06:56:28
Etihad Airways, the national airline of the United Arab Emirates (UAE), has agreed to increase its stake in airberlin, Europe’s sixth largest airline, to 29.21%, becoming airberlin’s largest single shareholder.
2011-12-19 10:57:25
Regional developments, including a range of political, economic, security and military issues, will figure during the Summit of the Heads of Gulf Cooperation Council (GCC) states taking place in Riyadh today and Tuesday (19-20 December 2011).
2011-12-19 07:54:28
Force Protection Industries, Inc. announced it has received two firm fixed price modification awards under contract M67854-07-D-5031 for the extension of field service representatives (FSR) in Afghanistan and Kuwait from U.S. Marine Corps Systems...
2011-12-19 07:45:02
Further to their board meetings held respectively on 14 and 15 December 2011, Nexter and Thales announced their entering into discussions to bring together their ammunition businesses, with the aim of strengthening Nexter Group's position within...
2011-12-19 07:38:44
NATO closed its seven-year training mission in Iraq on Saturday, at the same time as US troops withdrew from the country after the 2003 invasion that toppled Saddam Hussein.
2011-12-19 07:27:18
Russia will provide an additional 42 Sukhoi frontline fighters to India under an agreement signed last Friday, taking the bilateral defense cooperation to new heights.
2011-12-19 07:15:32