Future military bases: new issue of Global Defence Technology out now
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In this issue: Building the military base of the future, the impact of Covid-19 on financial results, a year without events, advances in unmanned minehunting vessels, and more.
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UK MOD’s ‘poor contracting’ caused £1.35bn nuclear project overrun
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The UK’s Ministry of Defence (MOD) has been criticised by Parliament’s Public Accounts Committee (PAC) in a report that says taxpayers have had to shoulder ‘huge cost increases due to the MOD’s poor contract design and management.’
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Rheinmetall defence business ‘robust and resilient’
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In its first-quarter results, Rheinmetall has said it does not expect the Covid-19 coronavirus pandemic to have a lasting impact on its defence business this year adding that despite the outbreak it expects the division’s sales to continue to grow.
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Everything you need to know about VE Day
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On 8 May 1945, VE Day, meaning victory in Europe day, was declared following the unconditional surrender of Nazi Germany to the allied powers. The war in the Pacific, however, raged on, and it wouldn’t be until later in August 1945 that WWII would officially be over.
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AI, data, space and hypersonics set to be ‘strategic disruptors’: NATO
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NATO’s science and technology organisation has released a report detailing the innovations that are likely to cause major disruption to the way its members’ militaries operate over the next 20 years.
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Defence companies weather Covid-19 storm, but M&A’s are down
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Despite a number of prominent deals recently closing, the Covid-19 crisis has seen the defence industry shy away from mergers and acquisitions to safeguard cash and see themselves through the pandemic.
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Israeli MOD orders Rafael loitering munition for IDF
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Israel’s Ministry of Defence (MOD) has ordered Rafael’s Spike Firefly loitering munition for use by the Israel Defence Forces (IDF). The weapon is designed to provide behind-cover precision fire for dismounted personnel.
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Using COTS software to model development and logistics
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Commercial off-the-shelf software is becoming more common in the defence industry, with Armed Forces and Industry exploiting its potential to make better decisions. Harry Lye attended a Command PE training event to find out how the software is being used by the armed forces.
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Q1 results: Covid-19 savages commercial wings; defence remains stable
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Northrop Grumman’s Q1 finances have remained steady despite the impact of the Covid-19 pandemic, reporting sales increases across the board and net earnings of $868m. The results come as defence contractors Airbus and Boeing reported sweeping losses, largely due to their stagnant commercial operations.
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Military and Security trends: Military leads Twitter mentions in Q1 2020
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Army Technology lists the top five terms tweeted on military and security in Q1 2020, based on data from GlobalData’s Influencer Platform. The top tweeted terms are the trending industry discussions happening on Twitter by key individuals (influencers) as tracked by the platform. 1. Military – 1,626 mentions Induction of new military kits and artillery, …
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