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RENK Group AG, a leading provider of drive solutions for military and civilian applications, expects to double its group revenue to around € 2 billion in the medium term through organic growth, corresponding to an annual revenue growth rate of 15%. The growth prospects and future strategic development of the Group were presented today at the first Capital Markets Day of RENK Group AG in Munich.

RENK Group aims to double group revenue in the medium term

Land, Top / Defence Industry Europe

RENK Group AG expects to double its group revenue to around € 2 billion in the medium term through organic growth, corresponding to an annual revenue growth rate of 15%.

RENK Group aims to double group revenue in the medium term Read More »

Airbus Defence and Space and Rohde & Schwarz have signed a Memorandum of Understanding (MoU) to improve the technological connectivity offering for the Royal Navy.

Airbus and Rohde & Schwarz collaborate to boost Royal Navy’s communication capabilities

Sea / Defence Industry Europe

Airbus Defence and Space and Rohde & Schwarz have signed a Memorandum of Understanding (MoU) to improve the technological connectivity offering for the Royal Navy.

Airbus and Rohde & Schwarz collaborate to boost Royal Navy’s communication capabilities Read More »

Naval Group has been selected by The Netherlands Ministry of Defence for the Replacement Netherlands Submarine Capability project, based on the Barracuda family expeditionary submarines. This award decision concludes a stringent selection process and opens a period of exclusive discussions leading to the signature of a contract. The Group is eager to engage in the execution of this important project with its Dutch and European partners.

Naval Group signs industrial cooperation agreement for Dutch submarine programme

Sea, Top / Defence Industry Europe

Naval Group, a French defence contractor, has signed an Industrial Cooperation Agreement (ICA) with the Netherlands to support the Replacement Netherlands Submarine Capability (RNSC) programme.

Naval Group signs industrial cooperation agreement for Dutch submarine programme Read More »

The Defense Advanced Research Projects Agency (DARPA) has awarded BAE Systems’ FAST Labs™ research and development organization a USD 4 million contract for Phase 1 of the Artificial Intelligence Reinforcements (AIR) program.

BAE Systems awarded USD 4 million from DARPA for tactical autonomy program

Air / Defence Industry Europe

Under the AIR contract, BAE Systems will use machine learning (ML) to innovate simulation models of existing sensors, electronic warfare systems, and weapons within dynamic and operationally representative environments.

BAE Systems awarded USD 4 million from DARPA for tactical autonomy program Read More »

Experts in the art of submarine rescue from across the Alliance gathered in Norway for Exercise Dynamic Monarch 24, NATO’s major submarine rescue exercise.

Dynamic Monarch 24: NATO practises saving lives with cutting-edge submarine rescue capabilities

NATO, Sea / Defence Industry Europe

Experts in the art of submarine rescue from across the Alliance gathered in Norway for Exercise Dynamic Monarch 24, NATO’s major submarine rescue exercise.

Dynamic Monarch 24: NATO practises saving lives with cutting-edge submarine rescue capabilities Read More »

Leonardo has been awarded a contract by the UK Ministry of Defence (MOD)’s Defence Equipment and Support (DE&S) agency to supply, develop and future proof the tools which generate and analyse data used by the UK Armed Forces’ combat aircraft. The contract covers the next 10 years, extending the close partnership between Leonardo and the MOD’s Joint Electronic Warfare Operational Support Centre (JEWOSC), based at RAF Waddington in Lincolnshire.

Stefano Pontecorvo: the EU should remove constraints on military spending to meet NATO requests

EU, Top / Defence Industry Europe

A Eurobond for Europe’s Defence and Security: this is the proposal by Stefano Pontecorvo, Chairman of Leonardo, to support the investments needed to consolidate the European industry.

Stefano Pontecorvo: the EU should remove constraints on military spending to meet NATO requests Read More »

Leonardo will be developing the mission system for Eurodrone, the MALE-class (Medium Altitude Long Endurance) remotely piloted aircraft set to strengthen Europe's strategic defence autonomy with high-performance independent operational systems. The aircraft's Airborne Mission System (AMS) incorporates a suite of advanced sensors, including radar and the Multi Purpose Mission Computer (MPMC). Within the programme, worth a total of 7 billion euro, Leonardo is playing a key role through an industrial workshare regarding the on-board electronics and aerostructures component, which in addition to the AMS also includes the Airborne Electrical & Environmental Control System, the Airborne Armament System and the design and production of the aircraft's entire wing structure.

Lorenzo Mariani: more EU funds for defence and forward with alliances and acquisitions

Top, EU / Defence Industry Europe

Europe must increase defence spending to at least 2% of GDP and promote a common defence strategy to be globally competitive.

Lorenzo Mariani: more EU funds for defence and forward with alliances and acquisitions Read More »

EU and NATO are joining forces to step up the existing cooperation by launching an EU-NATO Task Force on Resilience of Critical Infrastructure.

Clavister wins contract from a Nordic Critical Infrastructure Agency

Uncategorized / Defence Industry Europe

Clavister has been awarded a contract for Identity and Access Management (IAM) software, initially worth approximately 2 MSEK from a Nordic Critical Infrastructure Agency.

Clavister wins contract from a Nordic Critical Infrastructure Agency Read More »

The United States State Department has approved a Foreign Military Sale to the Netherlands involving 246 AIM-9X Sidewinder Block II tactical short-range air-to-air missiles. The deal is valued at approximately USD 261 million.

U.S. approves sale of AIM-9X Sidewinder missiles to the Netherlands

Air / Defence Industry Europe

The United States State Department has approved a Foreign Military Sale to the Netherlands involving 246 AIM-9X Sidewinder Block II missiles.

U.S. approves sale of AIM-9X Sidewinder missiles to the Netherlands Read More »

ICEYE US, a leader in persistent Earth monitoring with radar satellite imaging, announced today that it has been selected by NASA to provide synthetic aperture radar (SAR) data for its Commercial Smallsat Data Acquisition (CSDA) Program through a 5-year fixed-price, indefinite-delivery/ indefinite-quantity (IDIQ), multiple-award contract.

ICEYE US selected by NASA to provide synthetic aperture radar data

Space/C4ISR / Defence Industry Europe

ICEYE US has been selected by NASA to provide synthetic aperture radar (SAR) data for its Commercial Smallsat Data Acquisition (CSDA) Program.

ICEYE US selected by NASA to provide synthetic aperture radar data Read More »

South Korea's Hanwha Aerospace and Poland's WB Group have signed a significant Memorandum of Understanding (MoU) to collaborate on the production of artillery rockets in Poland. The agreement was formalised on the sidelines of the MSPO 2024 defence exhibition in Kielce, Poland.

Hanwha Aerospace and WB Group sign MoU to produce artillery rockets in Poland

Land, Top / Defence Industry Europe

South Korea’s Hanwha Aerospace and Poland’s WB Group have signed a significant Memorandum of Understanding to collaborate on the production of artillery rockets in Poland.

Hanwha Aerospace and WB Group sign MoU to produce artillery rockets in Poland Read More »

Saab has received a support contract for the service, repairs and maintenance of the South African Air Force´s Gripen C/D jet fighters. The order value is MSEK 333 (MZAR 532) over a three-year period.

Sweden announces 17th military support package for Ukraine worth SEK 4.6 billion

Top / Defence Industry Europe

The Swedish Government announced its 17th military support package for Ukraine, valued at SEK 4.6 billion.

Sweden announces 17th military support package for Ukraine worth SEK 4.6 billion Read More »

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