5 septembre 2023 | International, Terrestre

Finland’s Patria weighs making combat vehicles in Ukraine

Some European companies have their eyes on building a production footprint in Ukraine to equip Kyiv's forces for the long run.

https://www.defensenews.com/global/europe/2023/09/04/finlands-patria-weighs-making-combat-vehicles-in-ukraine/

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  • Sweden purchases over 300 armoured vehicles from Patria

    20 mars 2024 | International, Terrestre

    Sweden purchases over 300 armoured vehicles from Patria

    The 321 vehicles, which in Sweden are called Pansarterrängbil 300, will be stationed at Livgardet regiment in Kungsängen and several other units around the country.

  • Japan to replace attack, observation helicopters with drone fleet

    9 février 2023 | International, Aérospatial

    Japan to replace attack, observation helicopters with drone fleet

    A Japanese document showed graphical representations of what appears to be loitering munitions and medium-altitude, long-endurance drones as replacements.

  • Private equity firm to buy UK defense company in $5 billion deal

    26 juillet 2019 | International, Aérospatial, Sécurité

    Private equity firm to buy UK defense company in $5 billion deal

    By: Kelsey Reichmann WASHINGTON — The U.S. private equity group Advent International Corp. will acquire U.K. defense firm Cobham plc for £4 billion, or $5 billion, on Thursday. Advent, which has completed over 345 buyouts in 41 countries, purchased Cobham through its indirect subsidiary AI Convoy Bidco Limited. “We have worked intensively over the last two and half years to focus on our customers and our financial and operating performance, and these fundamentals, along with the investment in the business Advent can provide, will enable us to leverage the quality of our products and services," said David Lockwood, CEO of Cobham, in the press release. "Most of all, this offer reflects the potential for future growth and improving performance, and is an endorsement of our turnaround strategy and our hard working people.” Cobham, which creates products for the defense, aerospace, and space industries, is ranked 57 on the Defense News Top 100 with 64 percent of its annual revenue, or $1.59 billion, coming from defense. The deal is expected to be completed before the end of 2019, according to the press release. https://www.defensenews.com/top-100/2019/07/25/uk-defense-company-acquired-for-5-billion/

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