Germany Aerospace And Defense News

Recent industry report about Germany Aerospace And Defense company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Germany Aerospace And Defense Market industry experts.

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Germany Aerospace And Defense News

April 2024: Rheinmetall Defence Australia secured a USD 2.7 billion contract from Germany to supply 123 Boxer Heavy Weapon Carrier vehicles. The German Army is expected to receive the deliveries from 2025.

January 2023: The German government earmarked a substantial USD 43 billion for its upcoming next-generation fighter jet initiative. This joint venture with France is focused on crafting a cutting-edge sixth-generation fighter aircraft platform.

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  • April 2024: In a missile defense drill in Pingtung County, Taiwan, the surface-launched variant of the domestically produced Tien Chien II (TC-2) missile completed its test-firing. The drill at the Jiupeng Base, managed by Taiwan's National Chung-Shan Institute of Science and Technology (NCSIST), witnessed four TC-2 missiles launched. These missiles effectively struck target drones positioned 10 kilometers away.
  • March 2024: Taiwan's National Chung-Shan Institute of Science and Technology (NCSIST) developed a 50-kilowatt laser weapon. This weapon is designed to neutralize enemy missiles and drones. Furthermore, the laser can be mounted on CM-32 Clouded Leopard armored vehicles, enhancing mobility and range.
  • June 2023: On June 19, Indonesia is set to launch its SATRIA-1 satellite, with operational deployment beginning in early 2024. The Indonesian government will launch the first Republic of Indonesia satellite, or SATRIA-1, to equalize development and include people in the digital economy. The SATRIA-1 satellite will be launched into space using SpaceX's Falcon 9 rocket from Cape Canaveral in Florida, the United States.
  • August 2022: Mu Space and Advance Technology Company Limited is a Southeast Asian aerospace manufacturer making aerospace components and offering satellite communication services. Mu Space tested its satellite parts with the Geo-Informatics and Space Technology Development Agency (GISTDA) from March 9th to March 11th, 2022, which is currently open for testing materials ready to be delivered. This is a certified test of the first communication satellite components created and manufactured by Mu Space Corp and the first to be tested by a Thai Space Agency and Space Research organization.

January 2024: FORCE Technology was chosen to implement its SimFlex4 AR solution in a comprehensive upgrade for Smartship Australia, a Queensland maritime simulation and training facility.

May 2023: The MoD awarded BMT a hydrodynamic marine simulator training contract to provide safety, operational efficiency, readiness, and an advanced 5-bridge training platform capability in customized navigation training for the Admiralty Pilots and Tug Masters of the Queen Elizabeth-class aircraft carriers.

May 2024: Azad Engineering Limited (Azad) secured a contract from DRDO to build an advanced turbo engine. The agreement mandates Azad to produce and assemble an innovative gas turbine engine (IGTE). This engine is designed to power key defense applications, including the Kaveri turbofan for the Tejas fighter and the marine gas turbine (MGTE) for potential Indian Navy vessels. Azad is on a tight schedule, with the first set of engines slated for delivery by early 2026.

February 2024: Austal and Gotlandsbolaget of Sweden inked a Memorandum of Understanding (MOU) to pave the way for the 'Gotland Horizon X' catamaran. This cutting-edge aluminum catamaran, set to be christened 'Gotland Horizon X,' will boast high-speed capabilities. It is designed to utilize gas turbines in a combined cycle, facilitating the seamless transport of up to 1,450 passengers and goods and vehicles between the Swedish mainland and Gotland Island.

March 2024: Collins Elbit Vision Systems (CEVS), a joint venture between Elbit Systems of America and Collins Aerospace, delivered the 3,000th F-35 Gen III Helmet Mounted Display Systems (HMDS) to the Joint Strike Fighter.

November 2023: The UK Ministry of Defense awarded a contract to HENSOLDT AG in collaboration with BAE Systems PLC. Under the contract, HENSOLDT South Africa will provide cutting-edge optic sensors for the Striker II helmet and spearhead the development of its intelligent tracking system.

  • May 2024: The US Army Space and Missile Defense Command (SMDC) granted BlueHalo a contract worth USD 95.4 million to advance Directed Energy (DE) prototype development within the framework of the Laser Technology Research Development and Optimization (LARDO) program under the Aviation & Missile Technology Consortium (AMTC).
  • June 2023: RTX Corporation delivered the fourth combat-ready laser weapon to the US Air Force. The new palletized laser weapon was the first 10 KW laser built to US military specifications in a stand-alone configuration that can be moved and mounted anywhere needed.
  • February 2024: The UK Ministry of Defense awarded Thales a contract to strengthen the country's national security. Valued at USD 2.3 billion, this 15-year agreement will enable the Thales Maritime Sensor Enhancement Team (MSET) project to introduce a new era for the Royal Navy. This project aims to optimize ship availability and resilience by harnessing advanced AI and data management tools.
  • December 2023: The Indian Navy commissioned the indigenously built stealth-guided missile destroyer INS Imphal at a ceremony in the naval dockyard in Mumbai. INS Imphal is a versatile platform with weapons and sensors, including anti-ship missiles, surface-to-air missiles, and torpedoes.
  • April 2024: Raytheon, an RTX business, secured a USD 344 million contract to develop an SM-2 Block IIICU and an SM-6 Block IU. These variants will incorporate a standard guidance section that includes electronics and software for target acquisition. The upgrades feature a new guidance section, target detection device, stand-off flight termination system, and an electronics unit. This marks a vital innovation in missile technology as Raytheon proves its commitment to innovative defense solutions.
  • November 2023: EDGE and Roketsan, a Turkish company focused on rockets, missiles, guided munitions, and weapon systems, entered a collaborative agreement at the Dubai Airshow 2023. The cooperation will include research to develop advanced smart weapon technologies. The agreement aims to enhance existing solutions and accelerate product portfolios through a combined, focused effort. This recent development marks a giant stride in further strengthening the strategic relationship between EDGE and Roketsan and reinforces their positions as key innovators in the smart weapons domain.
  • October 2023: Charles Stark Draper Laboratory Inc. won a USD 2.2 billion contract extension to continue supporting the Trident II D5 weapon system and initiate its next-generation counterpart. The company is a major contractor for the Trident II D5 guidance system and will leverage its extensive experience to enhance its capabilities and support future mission requirements.

  • March 2024: The US State Department cleared a potential FMS for the Kingdom of Bahrain valued at about USD 2.2 billion. The proposed acquisition includes 50 M1A2 Abrams MBTs, four M88A2 Hercules Combat Recovery Vehicles, eight M1110 Joint Assault Bridges, other tanks/vehicles, and related equipment. This sale will make Bahrain join Kuwait and Saudi Arabia, which have purchased 436 and 526 M1A2 MBTs, respectively.
  • February 2024: Allied Aeronautics signed an acquisition contract to procure four CN235-220 military transport aircraft for the Nigerian Army, manufacturer PT Dirgantara Indonesia (PTDI). It features an all-glass cockpit avionics system, an autopilot system, ramp doors, and winglets for added stability and fuel economy. Its ability to operate from short, unpaved runways adds to its versatility.
  • January 2024: Saab AB and the UAE Ministry of Defence signed a contract for in-service support for the GlobalEye AEW&C. The order value is approximately USD 190 million, and the contract period is three years, ending in 2026. Saab will provide full-spectrum maintenance and operational support to the GlobalEye AEW&C, an imperative part of the UAE's state-of-the-art surveillance and reconnaissance capabilities.

January 2024: Rheinmetall AG was awarded a USD 54 million order for infrared decoys by Bundeswehr. The German military can procure over 470,000 decoys from Rheinmetall’s tried-and-tested Birdie product line.

November 2023: Airbus Defense and Space awarded Elbit Systems Ltd a contract to supply the Direct Infrared countermeasures (DIRCM) and Infrared (IR) Missile Warning Systems for installation on the MRTT A330 refueling aircraft for Canada.

German Defense Industry Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)