Archive: News & Articles

Yesterday Rafael Advanced Defense Systems Ltd. announced its financial results for FY 2019, amid the COVID-19 global crisis, with record sales of $2.7 billion, an increase of 3.9% compared to 2018. The company’s orders totaled $2.8 billion (10 billion Shekels), with record high export orders, and an order backlog of $7.2 billion (24.8 billion Shekels), […]

It was announced yesterday evening that the biggest European trade show of defence technology, Eurosatory 2020, has been cancelled. “The conditions for preparing and running the exhibition, which would protect the health and safety of the 100,000 expected participants, visitors, exhibitors and organisers, cannot be met,” the organizers said in their official statement. Eurosatory takes […]

Since the Soviet Union collapse in 1991, the succeeding Russian Federation is exporting defence hardware on commercial terms instead of political. Air force material remains the lion’s share of such exports, which achieved a figure near to $15 billion for the past five years. All contract sales amounts are at the US Dollar value for […]

On March 16, 2020, Dmitry Shugaev, Director of the Federal Service for Military-Technical Cooperation with Foreign Countries (FS VTS), spoke with the Interfax Agency about details of Russian defence exports in 2019 and outlined prospects for the near future. Shugaev confirmed that in 2019 Russia still ranks second directly after the USA in world arms […]

According to new data from the Stockholm International Peace Research Institute (SIPRI), the largest exporters of arms during the past five years were the US, Russia, France, Germany and China. International transfers of major arms during the five-year period 2015–19 increased by 5.5% compared with 2010–14 transfers. This report focuses on the most recent five-year […]

German Magnus Holding has taken over the majority of shares of Drehtainer GmbH. Drehtainer is a manufacturer of mission critical mobile protection systems for the civil, medical and military sector. As of April 1, 2020, Wolf-Rüdiger von Toll – according to Drehtainer a proven expert for sales and business development in the defense industry – […]

It is with great sadness that we have to report the sudden death of our Managing Director and Publishing Director Dr. Peter Boßdorf, who passed away suddenly on 26 February 2020. Our deepest sympathies go to his wife and his family. Dr. Boßdorf joined Report Verlag in 2004, became its Publishing Director in 2007 and […]

IAI seeks out for startups developing high-frequency sensors, quantum computing, photonics, acoustics, ultrasonic, and other disruptive sensory or data fusion technology. To get in contact with those startups and to evaluate their ideas IAI set up a dedicated program operated by international accelerator MassChallenge with IAI’s ELTA subsidiary offering the participants to hold their proof […]

Rosoboronexport JSC signed its first export contract for an unspecified foreign customer of multi-purpose helicopters, specifically, Mi-38T from Russia’s renowned Kazan Helicopter Plant.  Rosoboronexport Director General Alexander A. Mikheev said the Mi-38T helicopter was launched into the export market in record time for the Kazan Helicopter Plant. The Mi-38T was developed entirely from domestic high-tech […]

TÜMOSAN AS Chairman Nuri Albayrak announced that they will soon launch an engine with 750 bhp. The company has already produced engines with 115, 350 and 530 bhp, but the goal is to reach beyond 1000 bhp. With new agreements TÜMOSAN will supply about 100 engines for the Turkish Armed Forces this year. The demand […]

Milrem Robotics announced Taavi Kotka, Michael McElhenney and Harry Ollinen as new members of the company’s supervisory board: “In the end of last year new members were appointed to the supervisory board of the European technology provider Milrem Robotics complementing the company with knowhow from their respective fields of expertise.” Taavi Kotka is the first […]

Today DWT‘s symposium “Perspectives on Defence Technology 2020” began in Bonn, Germany. During the opening speech, the Vice President of the German procurement agency BAAINBw, Major General Gert Friedrich Nultsch, emphasized that a rethinking process had taken place in Germany, in which products are only procured on demand now. “No project without procedure,” said Nultsch. […]

Aero Vodochody Aerospace will almost double their revenues up to CZK5-6 billion (€200-240 million) this year in comparison to 2019, the company announced this morning. The growth will be strongly driven by new MRO businesses, especially ramp up on the A220 programme and start of industrialization of L-39NG new jet trainer and light attack aircraft. […]

RT LTA Systems inaugurates its new headquarters in Yavne, Israel. Three times larger than RT’s previous offices, the new building houses all of the company’s activities under one roof. As part of the overall upgrade, a special effort was put in rebuilding the aerostat’s assembly line using advanced equipment and allows the company to offer […]

According to Rosoboronexport it carried out a contract worth over 100 million rubles ($1.5 million) to supply a foreign customer with a batch of ORSIS T-5000 rifles. “Since 2017, when Rosoboronexport was granted the right to supply civilian and service weapons abroad, the company has considered requests from foreign customers worth over $150 million. Several […]

The Presidium of the German Society for Defense Technology e.V. (DWT) has unanimously elected Claus Günther as President. Günther has been a member of the board for many years. He follows Gerhard Schempp, who resigned after five and a half years of service. Günther assumed the President’s duties with immediate effect. Since 2002, Günther has […]

The First Russia-Africa Summit and Economic Forum took place on October 23 – 24 at Sochi, the town of the Winter Olympics 2014 at the Black Sea shore. “The velvet season” with temperatures around +25 °C supported by the Russian hospitality lead this unprecedented meeting to a great success. All 54 Africa nations sent high-ranking […]

The Hungarian Government Commissioner for Defence, Defence Industries and the Coordination of Defence Modernisation announced that HDT Védelmi Ipari Kft. Company has acquired the Austrian Hirtenberger Defence Group. „Hirtenberger Defence is globally known for its technology and performance of products. We are convinced this is driven by the outstanding people at Hirtenberger. For us, it […]

DSE Vietnam 2019, the 1st Tri-Service Defence & Security Exhibition, was successfully launched from October 2 to 4, 2019, at the International Center for Exhibition in Hanoi. The organizers stated that the success of the show opens a new page in the Indo-China defence procurement. The exposition covered a total area of 4,500 m2 to […]

On November 1, 2019, Hartmut Jaeschke will take over responsibility as Executive Vice President of Rohde & Schwarz’ Secure Communications Division. Jaeschke succeeds Bosco Novak, who successfully led the Secure Communications Division for five years. The division experienced strong growth under Novak’s leadership. He will take on another position within the company. Hartmut Jaeschke has […]

Yesterday Fincantieri and Naval Group announced the name of their new joint venture: NAVIRIS. This name “recalls a robust partnership that guarantees a higher quality know-how, projected to an international scenario,” the companies stated during the event. This follows the announcement made on June 14, 2019, when the operational terms for the incorporation of a […]