Business
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Nov- 2021 -15 November
Israeli Weapons-Maker Elbit Systems Launches UAE Venture
Israeli weapons-maker Elbit Systems launched a new venture in the United Arab Emirates.
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12 November
True Velocity to Buy Weapons Designer LoneStar for $84 Million
Ammunition technology provider True Velocity will acquire American defense firm LoneStar Future Weapons in a deal valued at $84 million.
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12 November
Philippines to Receive Weapons, Equipment From South Korea
The Philippines will receive several weapon systems and military equipment from South Korea, according to officials familiar with the matter.
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11 November
Atlanta-Based Startup Unveils Hypersonic Aircraft Prototype
A Georgia-based aerospace startup unveiled its Mach 5-capable hypersonic aircraft prototype this week, wowing the audience with the roar of its engine afterburner.
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10 November
China Delivers Largest, Most Advanced Warship to Pakistan
China delivered its largest, most advanced warship ever exported to Pakistan this week, assisting the South Asian nation in striking a “balance” in the Indian Ocean region.
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10 November
UK Awards Elbit Systems Virtual Soldier Training System Contract
Elbit Systems UK will deliver a new virtual soldier training system to the British Army.
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9 November
Nine Firms to Study NATO’s AWACS Replacement
Nine private firms have established a formal mechanism to undertake feasibility studies to replace NATO’s current AWACS aircraft as it expires in 2035.
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9 November
China, Russia to Co-Develop Heavy-Lift Helicopter
China and Russia have signed a contract to jointly develop a heavy-lift helicopter in 13 years, the head of Russian Helicopters revealed.
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5 November
RAF Awards Raytheon $149 Million Surveillance Aircraft Contract
The Royal Air Force has awarded Raytheon UK a $149 million contract to expand and upgrade the Shadow surveillance aircraft fleet.
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5 November
Israel to Build Cyprus Surveillance System
Cyprus signed a deal for Israel's military to build an electronic surveillance system, monitoring activity along the UN-patrolled Green Line.
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