US-based avionics manufacturer Aspen Avionics announced on 24 June that it had acquired Accord Technology.
The transaction, which was completed on 19 June, saw Aspen acquire the company from Accord India and Phoenix-based AvValues in a debt and securities deal for an undisclosed amount.
Accord
Aspen Avionics announces Accord Technology acquisition
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Anti-materiel sniper rifles added to Russian Ratnik soldier modernisation programme
Two 12.7 mm anti-materiel sniper rifles have been included in the armament suite of the Ratnik soldier equipment modernisation programme developed by Russian design bureau TsNIITochMash, a source in the bureau has told IHS Jane's .
"Ratnik has got two 12.7 mm anti-materiel rifles, namely the
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South Korea debuts indigenous LST in amphibious drill
The Republic of Korea Navy (RoKN) will debut a locally produced 127 m landing ship tank (LST) vessel in a large-scale joint amphibious landing drill, the Yonhap news agency has reported.
The vessel, RoKS Cheonwangbong (686), will feature alongside 22 other vessels including destroyers, submarines,
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Thailand, Japan agree to enhance defence relations and technology trade
Thailand and Japan stated on 24 June an intention to enhance defence relations with a focus on military technologies.
In meetings in Bangkok between Thailand's Defence Minister General Prawit Wongsuwan and Japan's ambassador to the country, Shiro Sadoshima, the two sides outlined a requirement to
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Russia creates agency to monitor flow of state defence order funds
Russia has created a monitoring department under the aegis of the newly established National Defence Management Centre military procurement agency to keep track of funds allocated under the annual state defence order and to tackle corruption.
The creation of the department was announced by deputy
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Naval forces gather for EU migrant mission
Italy's flagship, the aircraft carrier ITS Cavour , is to lead the EU mission to counter migrant-smuggling from Libya.
Italian naval sources say the 27,000-tonne ship will sail from its home port of Taranto "within days" to begin the second phase of the European Union Naval Force
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France says Saudi Arabia to order H145 helicopters
Saudi Arabia plans to order 23 Airbus H145 light helicopters as part of a series of deals worth USD12 billion, French foreign minister Laurent Fabius told reporters on 24 June.
Fabius said the helicopter deal would be worth US500 million, but did not say which branch of the Saudi state would
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Chinese firm to establish metamaterial defence R&D centre
Xi'an Tianhe Defense Technology, one of China's fastest growing private-sector defence companies, has announced plans to establish a metamaterial defence research and development (R&D) centre.
The company said on 24 June that the new facility will be focused on leveraging metamaterials - which
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North Korea close to completing upgrades to Sohae launch site
Ongoing modifications to the launch pad at North Korea's Sohae satellite launch centre suggest it will be the location for upcoming satellite launches.
Paek Chang Ho, vice director of Scientific Research and Development at National Aeronautics Development Agency (NADA), said in an Associated Press
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RAAF to get two more tanker transports
It appears likely that the Royal Australian Air Force (RAAF) is to acquire two more Airbus Defence A330-based multirole tanker transports (MRTT) to add to its current fleet of five, although no formal confirmation is yet available.
A brief comment to this effect - since removed - appeared on the
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Kamov to demo Ka-52 in Algeria
Russian Helicopters subsidiary Kamov will demonstrate its Ka-52 Alligator attack helicopters later this year, the Russian news agency TASS reported on 23 June.
Citing Kamov's annual report, TASS reported that the company was awarded a RUB90 million (USD1.7 million) contract on 8 December 2014 to
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Iran still discussing S-300 options
Iran will "not necessarily" order the S-300VM Antey-2500 air defence system, Russia's Interfax-AVN news agency cited a "high-ranking source in military-technological co-operation" as saying on 23 June.
Iran ordered S-300 long-range air defence systems in 2007, but the contract
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First Israeli Air Force cadets complete initial training on new M-346 jets
The Israel Air Force (IAF) has awarded officers' ranks to the first group of cadets to complete their initial flight training on the new Alenia Aermacchi M-346 jet trainers.
The ceremony held at Hatzerim Air Base on 23 June marked six months of the cadets flying the M-346, which is called Lavi
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Brazil seeks to renegotiate Gripen financing plan
Brazil is reportedly seeking to restructure its financing agreements with Sweden over the procurement of Saab Gripen aircraft, as the South American country's defence budget is hit by austerity cuts.
According to press reports, Brazilian leader President Dilma Rousseff has requested an amendment to
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Australia chooses Boeing-led team for AUD900 million battlespace comms deal
A team comprising Boeing Defence Australia, Harris Communications Australia and local engineering company G H Varley has been named as preferred tenderer to provide the Australian Defence Force (ADF) with enhanced battlespace telecommunications networking at a cost of about AUD900 million (USD702
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China builds mystery midget submarine
China has apparently built a previously unseen midget submarine at its Wuchang shipyard in Wuhan.
DigitalGlobe satellite imagery dated 24 October 2014 showing the submarine was posted on Google Earth and was highlighted by a contributor to the Bellingcat open source intelligence website.
The
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US announces pre-positioned equipment and troop rotation details for Eastern Europe
US defence secretary Ashton Carter has announced that the United States will pre-position sufficient weapons and equipment in the Baltic states and Central Europe to equip an armoured brigade combat team (ABCT).
During a visit to the Estonian capital Tallinn on 23 June, he said, "American
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Switzerland buys B&T small arms
The Swiss Armed Forces have selected the 9 mm Mp 14 submachine gun and the 40 mm single shot grenade launcher Mzw 14 from small arms manufacturer B&T, company representatives told IHS Jane's at the B&T Police Equipment Show in Thun.
"We delivered the first batch of B&T MP9-Ns,
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Pakistan considering merging PMTF into ordnance factory business
The Pakistan government is considering transferring the Pakistan Machine Tool Factory (PMTF) - a military component manufacturer - to the Pakistan Ordnance Factory (POF), it was reported on 25 June.
Local news agencies said the move is intended to support the continued operation of the PMTF, which
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NATO looks to speed up its decision-making
In a move designed to speed up NATO's reaction to crisis situations and threats to its homeland defence, the allies have agreed to give more preparatory and pre-deployment authority - known as "graduated-response planning" - to the Supreme Allied Commander Europe (SACEUR), while taking
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