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NEIH is a recently established company, 100% owned by Nammo Inc. Nammo Energetics IH is an approved Special Security Agreement company and its principle capabilities will be to support the US Department of Defense with supply of solid rocket motors, propulsion, tactical warheads and demilitarization services of US munitions inventory.…

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L3 Technologies (NYSE:LLL) announced today that it has been awarded a $32 million contract modification from the U.S. Army to supply the M783 Point Detonating/Delay (PD/DLY) Mortar Fuze. The contract was awarded under a Foreign Military Sales (FMS) program, and the purchased equipment will be used by an international customer.…

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French aircraft engine maker Safran (SAF.PA) has launched a friendly takeover worth about 10 billion euros ($10.6 billion) for Zodiac Aerospace (ZODC.PA), the French daily Le Figaro reported on Wednesday, citing unidentified sources. The paper said the merged company would have a turnover of about 21 billion euros.Neither Safran or…

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The Israeli Air Force received its first Arrow 3 missile defense system on Wednesday, a little over a year after its first real-world test, the Defense Ministry saidAfter years of development and testing, the system is now considered operational, though it will continue to undergo checks and improvements, the ministry…

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CAE today announced that it has won defence contracts on a range of customer platforms valued at more than C$175 million to provide new simulation products, simulator upgrades and training support services for global military customers. Key contracts awarded during the third quarter of CAE's fiscal year 2017 include Babcock…

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Amec Foster Wheeler announces today that it has been awarded a contract to supply the UK Ministry of Defence with research and technology (R&T) services.The work, for the MOD’s Naval Nuclear Propulsion Programme (NNPP), is worth approximately £35m over five years. The contract will sustain about 70 jobs at Amec…

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Saudi Arabian budget carrier flynas is to buy 80 Airbus (AIR.PA) A320neo narrow body jets in a deal worth $8.6 billion that includes upgrading an earlier order, it said on Monday. The 80 A320neo order is valued at $8.6 billion, flynas Chairman Ayed Al Jeaid said at press conference in…

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Elbit Systems Ltd. (NASDAQ and TASE: ESLT) ("Elbit Systems") announced today that it was awarded a contract to supply ground breaking, multi spectral BrightNite systems to an air force in a NATO country. The contract, in an amount of approximately $17 million, will be performed over a thirty-month period. Low-flying…

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Japan's space agency said on Sunday it failed to launch a mini rocket carrying a satellite into space due to failure of the communications systems. The Japan Aerospace Exploration Agency (JAXA) said in a statement it had fired the SS-520 rocket at 0833 JST on Sunday at its Uchinoura Space…

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The leaders of Australia and Japan agreed today to boost cooperation between their militaries, as Japan tries to shore up security ties throughout the Asia-Pacific region amid concern over China's growing military might. Japanese Prime Minister Shinzo Abe and his Australian counterpart Malcolm Turnbull said they had signed an upgraded…