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Israel's Elbit Systems reported a 4.4% increase in revenues in the first quarter of 2021, according to an earning release published on 25 May. Revenues in the first quarter of 2021 were USD1.12 billion, as compared with USD1.07 billion in th. ....
Defence conglomerate Saudi Arabian Military Industries (SAMI) announced the restructuring and expansion of its board of directors during an extraordinary general assembly meeting on 18 May. As a result of the meeting, the company has expande. ....
Industrial action: Finnish defence-industrial capabilities by Charles Forrester This article was shortlisted in the 2021 Aerospace Media Awards.. For more about Janes award-winning insights and analysis, see what we do. The requirement for the Finnish Air Force to replace its Boeing F/A-18C/D Hornet multirole combat aircraft by 2030 has brought with it the need to ensure that Finland has the requisite industrial resilience to operate the aircraft, along with its sensors and weapon systems, with a high degree of independence. As a result the aircraft under evaluation – the Lockheed Martin F-35A Lightning II Joint Strike Fighter, the Dassault Rafale, the Eurofighter Typhoon, the Saab Gripen E/F, and the Boeing F/A-18E/F Block III Super Hornet – are being tested for their ability to ensure that Finnish requirements for security of supply can be met. The country has set a requirement for a 30% return of the total contract value as part of this, meaning that an est ....
Janes analysts shortlisted in the 2021 Aerospace Media Awards 12 May 2021 Janes analysts shortlisted in the 2021 Aerospace Media Awards Insights from the trusted global agency for open-source defence intelligence were shortlisted seven times in the 2021 Aerospace Media Awards. LONDON - Janes insights have been shortlisted seven times in the Aerospace Media Awards 2021, reflecting the continued strength of the news and insights from the trusted global agency for open-source intelligence. The awards celebrate excellence in aerospace journalism, and Janes analysts have received nominations across five categories. “I’m delighted the Aerospace Media Awards have shortlisted insights from Gareth Jennings, Charles Forrester, Richard Scott, and Kelvin Wong,” said Rob Veal, Chief Content and Data Officer at Janes “The Janes stamp of trust is inherent in our analysis and throughout the interconnected intelligence we provide to our customers. As we continue to b ....
Bahrain quietly launches offset policy 29 April 2021 by Charles Forrester Bahrain is the latest country in the Gulf region to launch a defence offset policy. Known as the BDF Economic Programme, the new policy aims to support economic development in the Kingdom via the procurements of the Bahrain Defence Force (BDF). The new policy covers defence procurements valued at more than USD7 million, with a requirement for 60% of the contract value to be discharged by the supplier. Companies that already have an existing offset agreement with the BDF will also be required to fulfil an offset agreement on any supply contracts valued at under USD7 million. ....