Business News [UP]

Israel Aerospace Industries’ Cyber Division is investing in companies in Holland and Hungary to expand its research and development activities in the field....Read More

Total defense expenditures by NATO members in Europe in Canada is projected to be 4.3 percent higher in 2017 according to a report released by NATO on Thursday....Read More

South Korea has developed an upgraded a self-propelled 105mm howitzer and is preparing to mass produce it beginning next year....Read More

Armtec Countermeasures has received a $23 million contract from the Navy in support of the Air Expendable Countermeasures Program....Read More

BAE and Leonardo are partnering to develop new precision-guided munitions for use with large-caliber ground and naval guns for U.S. and allied military forces....Read More

A Multi-role Aviation Training Vessel by Damen Shipyards has sailed to Australia on her maiden voyage for official handover to the Royal Australian Navy....Read More

Elbit Systems’ Seagull counter-mine vessel demonstrates its capabilities in Europe....Read More

Huntington Ingalls has received a modification to an existing contract to build the under-construction DDG 125 Jack H. Lucas to the Flight III baseline standard....Read More

General Dynamics European Land Systems has received a contract from Denmark for EAGLE light armored 4X4 vehicles, the company announced on Monday....Read More

The defense spending bill approved Tuesday by the House Appropriations defense subcommittee would provide greater funding the Navy requested....Read More