Monday 29 December 2014
 
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defence

General Dynamics wins $100m Saudi contract

General Dynamics Land Systems, a leading manufacturer of armoured weapon systems, said it has been awarded a $99.7 million follow-on contract for the procurement and production of Saudi M1A2 (M1A2S) Abrams tanks for the kingdom. T

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Iran hackers 'may target US energy, defence firms'

The Federal Bureau of Investigation (FBI) has warned US businesses to be on the alert for a sophisticated Iranian hacking operation whose targets include defense contractors, energy firms and educational institutions, according to a confidential

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Iran hackers 'may target US energy, defence firms'

The Federal Bureau of Investigation (FBI) has warned US businesses to be on the alert for a sophisticated Iranian hacking operation whose targets include defense contractors, energy firms and educational institutions, according to a confidential

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UAE forms new defence manufacturing giant

The UAE on Tuesday announced the merger of a number of state-controlled defence companies to create an integrated services and manufacturing business called Emirates Defence Industries Company (EDIC). The new entity will bring tog

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Agility unit wins $82.5m UK defence contract

Kuwaiti logistics firm Agility said on Monday that a wholly owned unit had won an $82.5 million contract from Britain's Ministry of Defence to manage household moves for ministry and armed forces personnel. The contract, secur

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Raytheon eyes Qatar missile contract before year-end

US-based Raytheon expects Qatar and the US government to complete a long-awaited multibillion-dollar agreement on a "significant" number of Patriot missile defence systems before the end of the year, a senior company official said.

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Two killed in fire at Iran defence plant

An Iranian defence industry body said two workers were killed in a fire at an explosives factory in an eastern district of Tehran, the official IRNA news agency reported on Monday. An Iranian opposition website, Saham, described t

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L&T wins major Oman air base contract

Leading Indian construction conglomerate Larsen & Toubro (L&T) said it has won a major order from Oman's Ministry of Defence for construction of an air base in the Sultanate. The Omani subsidiary clinched the deal for

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Qatar signs $11 billion arms accord with US

The United States has signed an agreement with Qatar to sell the Gulf Arab ally Apache attack helicopters and Patriot and Javelin air-defense systems valued at $11 billion. "Today's signing ceremony underscores the strong

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A&D sector faces new wave of structural challenges

After a record year, the aerospace and defence (A&D) industry is likely on the verge of a new wave of major structural transformation and possible M&A moves, at the same time that commercial aerospace may be reaching its peak and as the

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