Yearly Archive: 2020

FMS Sales Accounted for Just 25% of $176Bn US Arms Sales in FY20

FMS Sales Accounted for Just 25% of $176Bn US Arms Sales in FY20

WASHINGTON — DSCA Director Heidi Grant and R. Clarke Cooper, Assistant Secretary of State for Political-Military Affairs, announced the Fiscal Year 2020 U.S. arms transfer figures, as well as other notable Defense and State Department accomplishments and statistics, highlighting the depth and brea…
June 2021 Paris Air Show Canceled over Covid

June 2021 Paris Air Show Canceled over Covid

PARIS — In light of the uncertainty linked to the current COVID-19 health crisis, the Paris Air Show organization has made the decision to cancel the 2021 edition of the show, which was scheduled to take place from 21 to 27 June 2021.

Together with the Board of Directors of the GIFAS (French Ae…

New Players Emerge As Top 25 Arms Makers See Sales Rise by 8.5%

New Players Emerge As Top 25 Arms Makers See Sales Rise by 8.5%

STOCKHOLM — Sales of arms and military services by the sector’s largest 25 companies totalled US$361 billion in 2019, 8.5 per cent more than in 2018. The largest companies have a geographically diverse international presence. This is according to new data released today by the Stockholm Internat…
Data Stolen in Embraer Ransomware Attack

Data Stolen in Embraer Ransomware Attack

Brazilian company Embraer, considered today’s third-largest airplane maker after Boeing and Airbus, was the victim of a ransomware attack last month.

Today, hackers involved in the intrusion have leaked some of the company’s private files as revenge after the airplane maker refused to negotiate a…

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