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 News by Topics: Business

  1. Thales Groups' interest in the Middle East is part of a strategy laid out by Thales Chief Executive Jean-Bernard LÚvy. Miguel Medina/ / AFP via Getty Images

    Thales Makes Big Mideast Push

    French multinational defense giant Thales is investing in developing industrial capabilities in the Middle East, according to a senior company executive.

    • Sep. 17, 2014
  2. Airbus Group CEO Tom Enders said the moves followed a strategic review at the group last year. Eric Piermont / AFP via Getty Images

    Airbus Announces Divestment of Some Defense Subsidiaries

    European aircraft manufacturer Airbus said Tuesday that it would sell off several subsidiaries at its defense division to focus on its core businesses of space activities, military planes and missiles.

    • Sep. 16, 2014
  3. Frank Haun is CEO of German defense technology group Krauss-Maffei-Wegmann. Jacques Demarthon/ / AFP

    Interview: Frank Haun, CEO of Krauss-Maffei Wegmann

    Germany's Krauss-Maffei Wegmann (KMW) and French Nexter recently announced their intent to create a 50-50 joint holding company. The owners of the two European land defense systems providers met on July 1 in Paris to sign a heads of agreement.

    • Sep. 9, 2014
  4. Michael Gass, president and CEO of United Launch Alliance, stepped down last week. Jewel Samad / AFP

    ULA Leadership Move Could Be Precursor to Further Changes

    An unexpected leadership change at the United Launch Alliance (ULA) may be just the first move for a company facing competition for the first time.

    • Aug. 17, 2014
  5. Dual Jobs: A pair of EC145 helicopters, in civil and military versions, are shown flying together. Airbus Helicopters

    Blurred Lines: Commercial, Defense Sectors Begin To Blend

    As companies continue to turn their eyes toward the Middle East and Asia for new business, a trend has emerged: The lines between commercial and defense businesses are increasingly blurring.

    • Aug. 3, 2014
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