Tech Mahindra Limited (NSE: TECHM), a prominent player in technology consulting and digital transformation, has entered into a strategic Memorandum of Understanding (MoU) with Marshall Group, a leader in aerospace and defense engineering services. This landmark collaboration is set to leverage their combined expertise to drive significant advancements and sustainability in the aerospace and defense […]
In a landmark development for European air defense, Lockheed Martin has delivered the first batch of F-16 Block 70 fighter jets to the Slovak Republic. This delivery represents a crucial step in strengthening Slovakia’s defense capabilities and enhancing its role within the NATO alliance. Lockheed Martin has thus far produced five of the planned fourteen […]
BAE Systems’ FAST Labs Research and Development division has been awarded a significant $22 million contract by the Office of the Undersecretary of Defense for Research & Engineering. This contract, facilitated through the Naval Surface Warfare Center (NSWC) Crane Division’s Strategic & Spectrum Missions Advanced Resilient Trusted Systems (S2MARTS) Other Transaction Agreement (OTA) vehicle, will […]
DZYNE Technologies, a leader in the development and manufacturing of autonomous technologies, has announced its strategic acquisition of High Point Aerotechnologies. This acquisition marks a significant milestone in DZYNE’s expansion, enhancing its offerings in autonomous aircraft and counter-unmanned autonomous systems (C-UAS). The transaction, involving two portfolio companies of Highlander Partners, underscores a synergistic approach to […]
Safran Helicopter Engines and MTU Aero Engines have established a new 50/50 joint venture named EURA (European Military Rotorcraft Engine Alliance), marking a significant step forward in the development of a 100% European engine for future military helicopters. This partnership was formalized at a signing ceremony held at the French Embassy in Berlin, attended by […]
In a landmark development, aircrew members from the French Armée de l’Air and the German Luftwaffe have successfully completed training as the first-ever binational C-130J Super Hercules squadron. This milestone was achieved at the France Germany Multinational Training Center (FGMTC), a state-of-the-art facility developed by Lockheed Martin in collaboration with the French Direction générale de […]
Coromandel International Limited, a leading provider of agricultural solutions in India, through its subsidiary Coromandel Technology Limited (CTL), has announced a significant increase in its investment in Dhaksha Unmanned Systems Private Limited, a Chennai-based drone manufacturing company. Coromandel International will invest INR 150 crores to acquire an additional 7% stake, raising its total shareholding in […]
In a major advancement of its military capabilities, the Indian Air Force (IAF) has successfully tested the ROCKS missile, an air-launched ballistic missile that can strike targets more than 250 kilometers away. This test was conducted last week from a Su-30 MKI fighter jet over the Andaman and Nicobar Islands, an area under the jurisdiction […]
NameSilo Technologies Corp. (CSE: URL) (PINKSHEETS: URLOF), the parent company and major stakeholder of Namesilo LLC, has escalated its financial commitment in Alchemy Labs Inc., investing an additional sum to reach a total of $800,000. This investment fortifies Alchemy Labs’ position in developing cutting-edge industrial coatings through nanotechnology, with a particular focus on the automotive […]
In a significant stride towards enhancing its defense and surveillance capabilities, South Korea’s defense ministry announced on Monday, April 8, that the country has successfully launched and positioned its second domestically developed spy satellite into orbit. The launch, executed on a SpaceX Falcon 9 rocket from the John F. Kennedy Space Center in Florida, USA, […]