US Air Force planes armed with laser guns soon and maybe shields too
US Air Force planes could be armed with Star Wars type laser guns by the end of this decade, and maybe shields that protect...
Deloitte anticipate 2 percent aerospace and defense revenue growth in 2017
A new outlook report from Deloitte predicts the global aerospace and defense sector is likely grow more strongly in 2017, following several years of...
US military satellite blew up after a power system temperature spike
At the end of February, a 20-year old US military satellite registered a power system temperature spike and then mysteriously exploded, blasting debris in...
Samsung sells stakes in chemical and defense firms to Hanwha for $1.72 billion
Samsung Group announced that it is selling stakes in four chemical and defense firms to Hanwha Group in a deal worth 1.9 trillion won...
US tech firm unveils military drone equipped with machine-gun and grenade launcher
US tech firm Duke Robotics has developed a drone equipped with a machine-gun and grenade launcher designed to handle “potentially dangerous situations quickly and...
QinetiQ clinches US Army CRS(I) contract for small ground robots
QinetiQ North America has clinched a contract for the US Army CRS(I) progam for small robots. CRS(I) stands for Common Robotic System-Individual. The seven-year...
Northrop Grumman to acquire missile and rocket maker Orbital ATK for $7.8 billion
Virginia-based Northrop Grumman announced plans to acquire missile and rocket maker Orbital ATK for $7.8 billion in cash plus the assumption of $1.4 billion...
Boeing profits increase by 26% to $1.23bn in Q4 2013
Boeing profits for the fourth quarter of 2013 increased by 26% to $1.23 billion, and revenue rose 7% to $23.79 billion.
However, the company added...
