Jane's Defense News

EVENT On 2 May 2017, Moscow Mayor's office published a list of 4,566 residential buildings to be demolished under the citywide Soviet-era housing renovation programme. This includes buildings with about 1.2 million residents in 85 districts of Moscow; similar housing in further 40 districts was

Key Points Cobham reports rights issue gains 98% subscription Targeted revenue generation from issuance to help company's cash balances Embattled aerospace systems and services company Cobham reported on 5 May that it had received acceptances for 98.01% of the rights issue that was launched on 28

European aircraft manufacturer Airbus Group released its financial results for the first quarter (Q1) of 2017 on 27 April, reporting revenue for the period of EUR13.0 billion (USD14.2 billion) and earnings before interest and taxes (EBIT) of EUR852 million. Although both of these measures show

South Korean shipbuilder Hanjin Heavy Industries and Construction (HHIC) has begun assembly work on the second Dokdo-class landing platform helicopter (LPH) on order for the Republic of Korea Navy (RoKN), the country's Defense Acquisition Program Administration (DAPA) said in a statement on 28

The Malaysian Maritime Enforcement Agency (MMEA) is now formally known as the Malaysia Coast Guard, a senior service official has confirmed during his presentation at the Maritime Security and Coastal Surveillance conference in Jakarta. The rebranding exercise is being done against the backdrop of

South Korean company Hanwha Techwin announced plans on 27 April to spin off some of its business activities into separate subsidiaries to promote the group’s competitiveness in domestic and international markets. In a filing to the Korean Exchange (KRX), Hanwha Techwin – part of the

Indonesian shipbuilder PT Daya Radar Utama has received a contract to construct three 120 m landing ship tank (LST) platforms for the Indonesian Navy (Tentara Nasional Indonesia - Angkatan Laut: TNI-AL), an official from the company confirmed with Jane's on 27 April. The vessels, which will be used

Kawasaki Heavy Industries (KHI) has attributed declines in sales and earnings in fiscal year (FY) 2016/17 to the appreciation of the yen and a decline in profits in the shipbuilding and aerospace domains. KHI said in statements published on 27 April that its total annual sales declined year on year

Key Points The Malaysian Coast Guard has conducted test firings of a 30 mm Turkish-made naval gun system from a newly inducted platform Tests brings the first-of-class New Generation Patrol Craft closer towards full operational capability with the service The Malaysian Coast Guard has conducted

US president Donald Trump has said that he wants South Korea to pay for the Terminal High Altitude Area Defense (THAAD) system that is being deployed to the country to defend against potential missile attacks by North Korea. The president told the Reuters news agency on 27 April that the advanced

US president Donald Trump has warned that a "major conflict" with North Korea is possible over the northeast Asian country's nuclear and ballistic missile programmes. Speaking to the Reuters news agency on 27 April, Trump said that he wanted to resolve the crisis on the Korean Peninsula

US-based United Technologies Corporation (UTC) published results from its first financial quarter of 2017 on 26 April, showing a 4.7% rise in sales at military aircraft engine manufacturer Pratt & Whitney (P&W), which generated USD3.8 billion in revenue over the three months to 31 March.

Kazakhstan's Zenit shipyard has launched the fourth Kazakhstan (Project 250)-class patrol ship on order for the country's navy, according to the Ministry of Defence (MoD) in Astana. Named Mangystau , the 42.2 m-long vessel, which is also locally referred to as a 'rocket artillery ship', was

Key Points Marine risk around Jizan port is assessed to have increased from moderate to elevated, given the proximity of the attack craft to the Jizan terminal before its interception by Saudi forces and associated risk of collateral damage to shipping and surrounding civilian infrastructure. The

Integration of the MBDA Meteor beyond visual range air-to-air missile (BVRAAM) onto Europe's fighter aircraft has stepped up a gear with the announcements towards the end of April of three major milestones within a few days of each other. With the 100+ km BVRAAM missile already operational and

Lockheed Martin officials used a conference call with financial analysts yesterday to provide clarity on a future ramp-up in production of its franchise F-35 fighter. “It’s very significant over the next couple

L-3 Technologies reported a 13.4% increase in sales for the first quarter of 2017 compared to the same quarter the year before on 27 April, while Raytheon reported a smaller 3.4% sales growth and General Dynamics held ostensibly stead, with revenue down 0.5%. The earnings reports continue a mixed

EVENT On the evening of 27 April, around 200 protesters, supporting the nationalist Macedonian Revolutionary Organisation-Democratic Party for Macedonian National Unity (VMRO-DPMNE), stormed into the parliament of the Former Yugoslav Republic (FYR) Macedonia in Skopje. They easily broke through a

South Korea’s biggest naval shipyards – Hyundai Heavy Industries (HHI) and Daewoo Shipbuilding & Marine Engineering (DSME) – have posted strong quarterly gains on the back of expansive cost-cutting, the companies announced on 27 April. In separate filings to the Korean

Azerbaijan continues to receive Russian-made surface-to-air missiles (SAMs) for its upgraded Buk-MB SAM systems, according to a representative of Belarussia's OKB TSP company, which is upgrading the 9K37 Buk (US Department of Defense designation/ NATO reporting name: SA-11'Gadfly') to Buk-MB