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MDA posts $121 09m revenue in second quarter 2022

Canadian space technology provider MDA has reported a 22% year-on-year (YoY) increase in revenue in the second quarter of this year.

Mike greenleyArmour solutions for theSpace operationsSatellite systemsMaxar technologiesNorthern private capitalContainer systemsArmour solutionsTransatlantic partnerLand defense

Indian Army, DRDO successfully test-fire indigenous ATGMs

The Indian Army and the DRDO have successfully tested all-indigenous laser-guided anti-tank guided missiles (ATGMs).

Rajnath singhAnirvan shuklaSatheesh reddyIndian army drdo atgmsCorps centre schoolDefence researchIndian armyCommunications systemsAutonomous flying wing technology demonstratorDevelopment organisationIndian ministry of defenceDepartment of defenceArjun main battle tankArmoured corps centreIndian ministryDefence minister rajnath singh

Fintech innovation among military industry companies has dropped off in the last year

Research and innovation in fintech in the military equipment and technologies sector has declined in the last year.

Quality parachutes for military missionsLockheed martinRaytheon technologiesTest equipmentQuality parachutesTransatlantic partnerLand defense

DNV grants AiP for Australian Maritime Alliance s Oboe vessel design

Australian Maritime Alliance’s ‘Oboe’ design for LAND 8710 Phase 1A LMV–Medium tender has received structural approval in principle.

Clint thomasAustralian maritime alliance oboeAustralian armySerco groupAustralian defence forcesAustralian maritime allianceLittoral manoeuvre vesselAustralian governmentLittoral manoeuvreSerco australiaWestern australiaLight armouredTransatlantic partnerLand defense

US, Norway pledge additional funding for Ukraine

The US Department of Defense has announced security assistance, worth $820m, as part of its priority to equip the Ukrainian armed forces.

Black seaOceans generalSnake islandSouth australiaTodd breassealeAnthony albanesePresidential drawdown authorityNational advanced missile systemsUkraine security assistance initiativeUs department of defense doArmy spcHigh mobility artillery rocket systemsNational advanced surface to air missile systemsNorwegian governmentAustralian prime minister anthony albanesePassive systems

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