August 24, 2018 | International, Aerospace, Naval, Land
By: Aaron Mehta
WASHINGTON — With China now the second-largest spender on defense in the world, Chinese companies are logically going to rank among the largest defense firms. But quantifying that number has proven incredibly difficult thanks to the opaque nature of both government spending and the firms themselves.
Now, a London-based think tank has concluded that seven Chinese firms would rank among the top 20 defense companies in the world, each breaking $5 billion in defense revenues — a proportion that rivals any one nation outside the U.S.
Lucie Beraud-Sudreau and Meia Nouwens, two researchers with the International Institute for Strategic Studies, looked at eight key defense firms from China — the China Aviation Industry Corporation (AVIC), China Electronics Technology Enterprise (CETC), China North Industries Group Corporation (NORINCO), China South Industries Group Corporation (CSGC), China State Shipbuilding Corporation (CSSC), China Shipbuilding Industry Corporation (CSIC), China Aerospace Science and Technology Corporation (CASC), and China Aerospace Science and Industry Corporation (CASIC).
The researchers looked at the largest defense firms and key subsidiaries, excluding a pair of nuclear-focused Chinese companies, classifying each as defense- or civilian-focused. Then they used the differentiation to calculate how much of each company's total revenues was derived from defense-related sales.
June 13, 2023 | International, Naval
Lawmakers representing major shipbuilding states have taken on new leadership roles in Congress — and they're looking to expand the industry's capacity.
November 19, 2018 | International, Aerospace
ADELAIDE, Australia--(BUSINESS WIRE)--General Atomics Aeronautical Systems, Inc. (GA-ASI), the world's leading manufacturer of Remotely Piloted Aircraft Systems (RPAS), has been advised that, following consideration by the Australian Government, it has been selected to provide the Armed Remotely Piloted Aircraft System under Project Air 7003 for the Australian Defence Force (ADF). “We look forward to providing our world-leading RPAS to meet the Air 7003 requirements,” said Linden Blue, CEO of GA-ASI. “We'll work closely with Team Reaper® Australia partners to provide a highly capable and affordable RPAS to the ADF, while creating meaningful and enduring Australian jobs.” The ADF joins other top-tier military forces in choosing a MQ-9 variant because of its proven multi-role combat performance. Known as the “operators” choice, the MQ-9 is part of GA-ASI's Predator® series of RPAS, which is the world's most trusted and capable Armed Medium-Altitude, Long-Endurance (MALE) RPAS, and hails from a family of RPAS which recently surpassed five million flight hours. GA-ASI announced its intention to offer a MALE RPAS to the ADF during AVALON 2017 – the Australian International Aerospace and Defence Exposition – with the launch of Team Reaper Australia, a robust grouping of Australian industry partners. The team currently consists of ten Australian companies providing a range of innovative sensor, communication, manufacturing and life-cycle support capabilities that includes Cobham, CAE, Raytheon, Flight Data Systems, TAE Aerospace, Quickstep, AirSpeed, Rockwell Collins Australia, Ultra, and SentientVision. About GA-ASI General Atomics Aeronautical Systems, Inc. (GA-ASI), an affiliate of General Atomics, is the world's leading designer and manufacturer of proven, reliable Remotely Piloted Aircraft Systems (RPAS), radars, and electro-optic and related mission systems, including the Predator®, Reaper® and Gray Eagle UAS programs of record and the Lynx® Multi-mode Radar. With more than five million flight hours, GA-ASI provides long-endurance, multi-mission capable aircraft with integrated sensor and data link systems required to deliver persistent flight, enabling situational awareness and rapid strike. The company also produces a variety of ground control stations and sensor control/image analysis software, offers pilot training and support services, and develops meta-material antennas. For more information, visit www.ga-asi.com. Predator, Reaper, and Lynx are registered trademarks of General Atomics Aeronautical Systems, Inc. https://www.businesswire.com/news/home/20181115006098/en/
May 20, 2022 | International, Land
Brimstone has been in the news in the last few days after it emerged that Ukrainian troops had been using the British-supplied weapon to destroy Russian armor.