Defence Industry
Rheinmetall Ammunition Factory Ukraine: Rheinmetall will be responsible for the complete technical outfitting of the factory, including its commissioning. The company aims to begin construction shortly and anticipates completion within several years. Ammunition production is slated to commence within 24 months.
Global Combat Air Programme: Italy, UK and Japan, the partner nations of the Global Combat Air Programme (GCAP), Monday unveiled new fighter jet concept at Farnborough International Airshow. This marks the first time the three nations have exhibited together, showcasing the substantial progress made towards delivering this cutting-edge fighter jet. The new concept model, on display at Farnborough International Airshow, represents a significant evolution from previous designs. Featuring a notably larger wingspan, the aircraft is optimized for improved aerodynamics, a crucial factor in modern aerial combat.
Leonardo RINA’s anti-corruption certification: Rome, Italy (July 19, 2024) – Leonardo, a global player in aerospace, defense and security technologies, has solidified its position as a leader in the fight against corruption. The company successfully renewed its Anti-Corruption System Certification, demonstrating its unwavering commitment to preventing bribery and upholding the highest ethical standards.
Kelly Horan Succeeds Kim Kinsley at IAE International Aero Engines: EAST HARTFORD, Conn. (June 13, 2024) – IAE International Aero Engines AG (IAE), a multinational consortium comprised of shareholders including RTX’s Pratt & Whitney, Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation, and MTU Aero Engines AG, has announced the appointment of Kelly Horan as its new president. Horan succeeds Kim Kinsley, who held the position since June 2023.
DRDO tests Phase 2 of India’s Ballistic Missile Defence System: New Delhi, July 24: In a significant boost to its national security against long range ballistic missiles, India Wednesday successfully conducted the Phase II test of its indigenously developed Anti-Ballistic Missile (ABM) defence system. The trial, conducted at the Integrated Test Range (ITR) in Odisha’s Chandipur, marks a crucial milestone in India’s strategic deterrence capabilities.
DRDO awards 7 new projects to Indian startups: India’s Defense Research and Development Organisation (DRDO) has awarded seven new defence projects to private Indian companies, with a particular focus on nurturing micro, small, and medium enterprises (MSMEs) and startups. These projects have been awarded to Indian defence startups spread across the country, from Delhi-NCR to Maharashtra to southern state of Kerala and Tamil Nadu. These startups are active in defence engineering and innovation and the seven projects have been awarded by the DRDO under the Defence Ministry’s Technology Development Fund (TDF).
Rheinmetall Ammunition Factory Ukraine: Rheinmetall will be responsible for the complete technical outfitting of the factory, including its commissioning. The company aims to begin construction shortly and anticipates completion within several years. Ammunition production is slated to commence within 24 months.
