BRUSSELS — The European Union acknowledged on Friday that it lacks the capabilities to meet its goal – pushed most strongly by its biggest members – to become a standalone military power able to help NATO or deploy troops rapidly to regional crises.
Within the framework of the development project for the Next Generation Weapons System (NGWS / FCAS), on October 16 the Secretaries of State for Defense of Spain, Germany and France signed the Consolidated Implementation Agreement number 2, on integration of Spain in Phase 1A of research, developmen…
BRUSSELS — European Commission and Organisation for Joint Armament Cooperation (OCCAR) signed Contribution Agreements for the management and implementation of two European Defence Industrial Development Programme (EDIDP) project grants, in the fields of defence research and development, and capa…
CHICAGO/NEW YORK — A modest slowdown in defense spending under the new administration, due to the potential for budget cuts to help offset stimulus spending post pandemic, would not materially affect US defense contractors’ cash flows, given the prioritization of national security and the governme…
The General Directorate of Armament (DGA) on October 23, 2020 awarded a framework agreement the Piriou, CMN and Socarenam shipyards for the study, development, construction and initial maintenance in operational condition (MCO) of ten Ocean-going Patrol Vessels (PO) for the French Navy. Naval Group …
The German Navy will get new helicopters for their frigates: They will be called Sea Tiger and will be mainly used to fight surface ships and submarines. The Budget Committee of the Bundestag has now released around 2.7 billion euros for the 31 multi-role helicopters.