The Airbus CEO says talks with Leonardo and Thales to fix an overcapacity problem in European satellite development and production could lead to creating a combined entity modeled on missile-maker MBDA.
Edge Group Chairman Faisal Al Bannai says the company’s defense export ambitions could still reach a major milestone this year with more than half of bookings coming from abroad.
BAE Systems’ acquisition of Ball Aerospace will help position the company for a potential role on the proposed Iron Dome for America missile defense project.
Airbus is in discussions with companies in the United Arab Emirates over a workshare on the A400M to secure its first Middle East order for the airlifter.
German defense electronics company Hensoldt says it has secured a $367 million contract for work on the Eurofighter Mk. 1 radar for use by Germany and Spain.
Indonesia's Republikorp has signed joint venture agreements with Turkey's Baykar and Roketsan which could lead to production in the Southeast Asian nation.
New French and Israeli air-launched weapons could enter the Indian inventory following agreements with state-owned Bharat Dynamics and Bharat Electronics.