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 News by Topics: Business

  1. Sweden-TKK Relations Sour

    The deteriorating relationship between the Swedish government and German industrial group Thyssen-Krupp-Kockums (TKK) hit a new low last week. The state defense procurement agency, FMV, confirmed on April 11 that it had '

    • Apr. 15, 2014
  2. The Italian Navy's Cavour aircraft carrier traveled to the the Middle East and Africa. Agence France-Presse

    Industry Gives High Grades to Italian Navy Defense Trade Tour

    An unusual defense trade show held on the Italian aircraft carrier Cavour, which toured 20 countries in the Arabian Gulf and Africa over five months, has drawn glowing reviews from exhibitors who hope the Italian Navy will organize a follow-up trip aimed

    • Apr. 7, 2014
  3. Wish List: The US Air Force requested 12 General Atomics Reaper unmanned aircraft in the unfunded list. Getty Images

    DoD Sends Congress $36B Wish List, But Passage Unlikely

    The US military services have sent Congress wish lists that include $36 billion in priority items that were not included in the Pentagon's 2015 budget proposal.

    • Apr. 3, 2014
  4. Until now, Raytheon's Paveway IV precision-guided bomb was flown only on the UK's Tornado and Typhoon jets. Raytheon

    Saudi Deal Boosts Precision Bomb Production for Raytheon UK

    Raytheon UK's precision-guided bomb business got the shot in the arm it had been hoping for when the US Congress finally approved the sale of the Paveway IV to Saudi Arabia in February.

    • Mar. 30, 2014
  5. Spinoff: Defence Support Group members work on military vehicles in Camp Bastion, Afghanistan. The UK is looking to sell the state-owned group. Defence Support Group

    US, European Firms Compete To Buy UK's DSG

    As many as nine companies or consortiums may have passed the first hurdle in their efforts to acquire the UK's Defence Support Group (DSG), the state-owned military vehicle and small arms maintenance and repair company put up for sale by the British gover

    • Mar. 17, 2014
  6. Commercial Help: The US military services — including the Air Force, which flies the Global Hawk UAV — are increasing their dependence on commercial firms to supply satellite bandwidth for ISR requirements. US Air Force

    Satcom Firms Seek Answers on Bandwidth Agreement

    One year ago, top Pentagon officials pledged to find a new way to work with the commercial satellite industry. And it was welcome news.

    • Mar. 10, 2014
  7. Rebuilding Relations: French President François Hollande speaks during the French-Turkish Economy Forum Jan. 28 in Istanbul. Agence France-Presse

    French Industry Seeks a Comeback to Turkish Market

    In the 1990s, French arms makers were one of the leading European players in the Turkish market.

    • Mar. 10, 2014
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