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May 14, 2020  

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Airbus Mulls Major Restructuring, Wide-ranging Job Cuts
PARIS/TOULOUSE, France --- Airbus is exploring restructuring plans involving the possibility of “deep” job cuts as it braces for a prolonged coronavirus crisis after furloughing thousands of workers,

Lurssen, German Naval Yards to Merge As TKMS Talks JVC with Fincantieri
PARIS --- German shipbuilders Lürssen and German Naval Yards want to merge their military divisions, and have agreed in principle to combine the businesses in a joint venture, the companies announced

New Spanish JVC Authorized to Produce 348 ‘Dragon’ 8x8 Wheeled Armored Vehicles
The [Spanish] Minister of Defense, Margarita Robles, under Article 346 of the Treaty on the Functioning of the European Union, has signed the commitment that will allow the incorporation of a joint ve

 


The Spanish ministry of defense has approved the production of 348 VCR 8x8 wheeled armored vehicle program by a new joint venture company that will retain design authority in Spain and guarantee a local work-share of at least 70%. (Spanish MoD photo)
  News stories from Agence France Presse
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  • Boeing scores deals to deliver more than 1,000 missiles to Saudi
  • 14/05/2020 00:03:44
  • Uber offers $6 bn for meal delivery rival Grubhub: source
  • 13/05/2020 21:09:36
  • Ex-shipbuilding boss in China faces corruption probe
  • 13/05/2020 11:52:21


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      Latest Press Releases

    Airbus Mulls Major Restructuring, Wide-ranging Job Cuts
    PARIS/TOULOUSE, France --- Airbus is exploring restructuring plans involving the possibility of “deep” job cuts as it braces for a prolonged coronavirus crisis after furloughing thousands of workers, ...

    Lurssen, German Naval Yards to Merge As TKMS Talks JVC with Fincantieri
    PARIS --- German shipbuilders Lürssen and German Naval Yards want to merge their military divisions, and have agreed in principle to combine the businesses in a joint venture, the companies announced ...

    New Spanish JVC Authorized to Produce 348 ‘Dragon’ 8x8 Wheeled Armored Vehicles
    The [Spanish] Minister of Defense, Margarita Robles, under Article 346 of the Treaty on the Functioning of the European Union, has signed the commitment that will allow the incorporation of a joint ve...

    Boeing Wins $2.6Bn for SLAM-ER and Harpoon Missile Production
    The Boeing Co., St. Louis, Missouri, is awarded a $1,971,754,089 firm-fixed-price contract to provide non-recurring engineering associated with the Stand-off Land Attack Missile – Expanded Response (S...

    US Ambassador Accuses Germany of ‘Undermining’ NATO on Nuclear
    A day after a new report found that the US spent $35.4 billion (€32.6 billion) on operating and developing nuclear weapons last year, President Trump's Ambassador to Germany and newly-minted spy chief...

    France, Germany and Spain Form New FCAS Working Group
    PARIS --- On May 7, 2020, General Philippe Lavigne, General Javier Salto and General Ingo Gerhartz, respectively chiefs of staff of the French, Spanish and German air forces, met by videoconference to...

    French, German Aerospace Industries Call for Strong Pan-European Recovery Plan
    PARIS/BERLIN --- GIFAS (French Aerospace Industries Association) and BDLI (German Aerospace Industries Association) today held a joint meeting of their respective Executive Committees of their Boards ...

    German Naval Yards, Lurssen to Merge Surface Shipbuilding
    Lürssen intends to establish a long-term cooperation in naval shipbuilding with German Naval Yards Kiel. The existing military and naval surface shipbuilding activities are to be contributed into a jo...

    Israel AF to Disband F-16 Squadron to Make Room for New Aircraft
    year to streamline the air force and free up funds for more advanced aircraft as part of its Momentum Plan. Israeli Air Force commander Maj. Gen. Amikam Norkin decided Tuesday to close the 117th Fi...

    FCAS: Expert Panel to Monitor Responsible Use of New Technologies
    MUNICH, Germany --- In the frame of the Future Combat Air System (FCAS), Airbus and Bonn, Germany-based Fraunhofer Institute for Communication, Information Processing and Ergonomics FKIE have created ...

    US Special Ops Command to Launch Light Attack Aircraft Tender
    Multiple companies who faced off in the Air Force’s light attack experiment will again compete for a similar contract from U.S. Special Operations Command. Textron Aviation, Air Tractor, and Leidos...

    New LHD ‘Anadolu’ Seen Transforming Turkish Navy
    The Turkish Navy’s first light aircraft carrier, TCG Anadolu, will be the flagship of a more powerful fleet. Her large helicopter and UCAV (uncrewed combat air vehicle) air wing, as well as amphibious...

    Ellsworth AFB B-1s Return to European Theater
    ELLSWORTH AFB, S.D. --- B-1B Lancers from Ellsworth Air Force Base conducted a second long-range strategic Bomber Task Force mission in the European theater that included key interactions with U.S. as...

    Royal Air Force Typhoons Train with UK Based US Fighters
    Twenty Typhoon fighter aircraft based at RAF Lossiemouth and RAF Coningsby have carried out a training exercise with the U.S. Air Force including aircraft from RAF Lakenheath. The Typhoons were joi...

    Pentagon Awards $147M Contract for High Endurance EW Jet Capability
    Strategic Airborne Operations JV LLC, Newport News, Virginia, is awarded a $146,834,175 firm-fixed-price, indefinite-delivery/indefinite-quantity contract. This contract acquires the High Endurance E...

    AIA Supports Public-Private Partnership for Aviation Manufacturing
    ARLINGTON, Va. --- Today, Aerospace Industries Association (AIA) President and CEO Eric Fanning released the following statement on the introduction of the Private-Public Partnership to Preserve Jobs ...

    N. Korea Spent $620M on Nukes in 2019: Report
    North Korea is estimated to have spent $620 million on its nuclear weapons program in 2019, about 6 percent of its gross national income, the International Campaign to Abolish Nuclear Weapons said Wed...

    Mitsubishi Suspends Development Work on M100 SpaceJet Version
    Mitsubishi Heavy Industries Ltd has suspended development of the M100 variant of its SpaceJet family of regional jetliners until further notice. During the suspension, the company will review and reco...

    USAF Satellite Hacking Challenge Shifts to Fully Virtual Event
    WASHINGTON --- The Department of the Air Force and Defense Digital Service planned satellite hacking challenge, the Space Security Challenge 2020: Hack-A-Sat, is pivoting to an entirely virtual event....

    BAE Navigates the Future of Undersea Autonomy
    One year after acquisition, Riptide UUVs making waves in the industry. One year ago, the FAST Labs research and development arm of BAE Systems announced the acquisition of Riptide Autonomous Soluti...

    Defender-Europe 20 Plus Exercise Moves into Active Phase
    A modified exercise Defender-Europe 20 Plus will be conducted from 5 to 19 June. In total, around 6,000 soldiers, 100 tanks and over 230 combat vehicles will train at the Drawsko Pomorskie training ar...

    Safran Euroflir 140 Selected for French Navy’s Dauphin N3 Helicopters
    PARIS --- Héli-Union has chosen the new-generation Euroflir410 optronic (electro-optical) observation system from Safran Electronics & Defense, following a hard-fought international bidding process. ...

    Safran Awards Subcontracts to Australian Companies
    BOTANY, Australia --- Safran Electronics & Defense Australasia Pty Ltd has recently signed subcontracts with two Australian companies as a part of its commitment to Australian industry capability. ...


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