US unmanned aerial vehicle (UAV) manufacturer AeroVironment revealed that revenues and margins increased in 2015 over 2014, while income from operations declined in the face of increased research and development (R&D) expenditure.
Revenues for 2015 were reported at USD259.4 million, up 3% from
↧
AeroVironment hits targets in annual results as R&D expenditure hits high in Q4
↧
'Design issues' lead US Army to terminate GDC4S radar contract
Key Points
The terminated RRRP contract had a total possible value of USD385.6 million over 10 years
US Army officials expect to re-compete the programme as they still require newer testing radars
The US Army has terminated a contract with General Dynamics C4 Systems (GDC4S) for a programme to
↧
↧
Vietnam and Airbus look to collaborative programmes
The prime minister of Vietnam Nguyen Tan Dung and the chief executive officer of Airbus, Tom Enders, met in Hanoi on 1 July in a bid to expand aerospace industry collaboration.
The meeting coincided with Airbus' delivery to Vietnam Airlines of the first of several new jet airliners, although,
↧
UK-based Scout production study due
A study into setting up an assembly line for the General Dynamics Scout Specialist Vehicles (SV) in the UK will be presented to government ministers later this month, UK defence sources have told IHS Jane's .
Dubbed the economic viability review, the exercise by Ministry of Defence (MoD) officials
↧
UK orders CTAS 40 mm cannons for new armoured vehicles
The UK Ministry of Defence has placed a GBP150 million (USD236 million) order for CTA International 40 mm Case Telescoped Armament System (CTAS) cannons for its future fleet of tracked armoured fighting vehicles.
The contract, awarded to CTA International (CTAI), includes 515 cannons for the
↧
↧
South Korea to acquire 16 PKX-B missile craft
Key Points
South Korea has ordered an initial batch of 16 PKX-B fast attack craft
The vessel has been described as a more compact version of the South Korean Navy's Gumdoksuri-class fast attack missile craft
The Republic of Korea Navy (RoKN) is to acquire an initial batch of 16 'B' variants of
↧
Iraq receives four more Russian combat helicopters
The Iraqi Ministry of Defence (MoD) announced on 2 July that it has taken delivery of four more "advanced combat helicopters" from Russia.
It did not identify the type of aircraft that has been delivered. Iraq currently has Mi-28NE Night Hunter attack helicopters and Mi-35M assault
↧
GRSE launches three fast attack craft for Indian Navy
Kolkata-based shipbuilder Garden Reach Shipbuilders & Engineers (GRSE) launched three fast attack craft (FAC) for the Indian Navy at its Rajabagan shipyard on 30 June.
The vessels - Tarmugli (T 91), Tillanchang (T 92), and Tihayu (T 93) - are the first three vessels to be built under a
↧
EU training mission to provide Somali army only with basic equipment
The European Union Training Mission in Somalia (EUTM Somalia) is now prioritising ways to provide Somalia's soldiers with basic supplies and equipment, the mission's commander told reporters in Brussels on 1 July.
"We are now exploring the possibility to boost concrete support to the Somali
↧
↧
Bulgaria to begin negotiations for 'new' fighter aircraft
Bulgaria has approved the procurement of a new combat aircraft type to replace its ageing MiG-29 'Fulcrum' and Sukhoi Su-25 'Frogfoot' platforms, national media reported on 1 July.
The country's cabinet approved the purchase of an as-yet-unidentified combat aircraft to replace the air force's
↧
RAF Typhoon force trains for maritime role
The UK Royal Air Force (RAF) has renewed focus on the air-maritime integration (AMI) role, with the deployment of its No II(AC) Squadron Typhoons to RNAS Culdrose from 22-25 June to conduct AMI training, something the RAF accepts it had neglected in the recent past.
In deploying to RNAS Culdrose in
↧
US Army Research Laboratory considering hoverbike technology
The US Army is exploring hoverbike technology as a potential means for improving soldier protection, the Army Research Laboratory (ARL) has confirmed.
Through its Tactical Reconnaissance Vehicle (TRV) project, the laboratory hopes hoverbikes have "the potential to increase soldier protection
↧
Turkey backtracks on Syrian intervention
Turkish officials are now playing down reports that its military has been ordered to plan to intervene in neighbouring Syria to neutralise the emerging threats posed by the Kurdish Democratic Union Party (PYD) and the Islamic State: two groups that are currently fighting each other on the other side
↧
↧
NATO failing to match RAP's ambition with funding, officials concerned
NATO's 'readiness action plan' (RAP) to deter Russian aggression and other threats to the allies' homeland is big on ambition but it will take money - lots of it - to make the RAP really effective, say allied officials.
"The RAP means high-readiness capability and that's expensive to achieve
↧
Brazil, US strengthen military co-operation
Two major co-operative agreements between Brazil and the United States for defence and security matters were recently reached and touted during a high-profile state visit.
The Defense Cooperation Agreement (DCA) and the General Security of Military Information Agreement (GSOMIA) are intended to
↧
Brazil to receive new search and rescue C295 aircraft in 2017
The Brazilian Air Force (Força Aérea Brasileira: FAB) is to receive three Airbus Defence and Space (DS) C295 (C-105 Amazonas in national service) transport aircraft configured for the search and rescue (SAR) mission in 2017, it disclosed on 1 July.
The aircraft, designated SC-105 in the
↧
JPO counters media report that F-35 cannot dogfight
The Joint Program Office (JPO) for the Lockheed Martin F-35 Lightning II Joint Strike Fighter (JSF) has taken the unusual step of publicly defending the aircraft's air-to-air capabilities following a damning media report that called into question its ability to 'dogfight' with even today's
↧
↧
UK to begin testing national A400M capabilities shortly
The UK Royal Air Force (RAF) is to begin safety testing of a number of country-specific capabilities for its Airbus Defence and Space (DS) A400M Atlas transport aircraft at the end of July, the government disclosed on 2 July.
Several dedicated national capabilities, such as UK parachutes and aerial
↧
Singapore pursues enhanced mobility, automation in ongoing military transformation
Increased automation and mobility will be two of the core areas of development in the latest phase of the Singapore Armed Forces' (SAF's) ongoing third-generation (3G) transformation programme, according to Defence Minister Ng Eng Hen.
Speaking to the media ahead of the annual SAF Day celebration
↧
Dutch special forces to buy carbines chambered in 300 BLK
The Netherlands Maritime Special Operations Force (NL-MARSOF) are planning to purchase a new carbine chambered in the non-NATO standard 7.62x35 mm (300 BLK), with a formal tender being launched by the Netherlands' Defence Material Organisation.
The tender is the first publicly known tender for the
↧