Business • Page 124 of 182 • The Defense Post

Nov- 2021 -

16 November

A prototype of Russia's new Sukhoi Checkmate Fighter is displayed at the MAKS 2021 International Aviation and Space Salon, in Zhukovsky, outside Moscow, Russia

UAE Shows Interest in Russia’s ‘Checkmate’ Fighter

The chief of Russian defense corporation Rostec revealed that the UAE has shown interest in its fifth-generation Su-75 Checkmate fighter developed by Sukhoi.

16 November

Ronald Watkins

XTEND Raises $20M for AR/AI-Powered Drone Operating System

Israeli drone developer XTEND has raised $20 million in initial funding to ramp up production of its augmented reality and artificial intelligence-powered drone operating system.

15 November

Edge Group's Thunder precision-guided munitions

Joe Saballa

Edge Group Secures $3.8B in UAE Military Contracts

Two units of Emirati defense conglomerate Edge Group secured separate military contracts totaling $3.8 billion during the Dubai Airshow 2021.

15 November

Joe Saballa

Lockheed Ready to Supply India With New-Age Military Solutions

Lockheed Martin is ready to collaborate with Indian defense firms in addressing the country’s requirements for new-age military solutions.

15 November

An Elbit Systems' multi-role long range Male UAV Hermes 900

Staff Writer With AFP

Israeli Weapons-Maker Elbit Systems Launches UAE Venture

Israeli weapons-maker Elbit Systems launched a new venture in the United Arab Emirates.

12 November

Joe Saballa

True Velocity to Buy Weapons Designer LoneStar for $84 Million

Ammunition technology provider True Velocity will acquire American defense firm LoneStar Future Weapons in a deal valued at $84 million.

12 November

Joe Saballa

Philippines to Receive Weapons, Equipment From South Korea

The Philippines will receive several weapon systems and military equipment from South Korea, according to officials familiar with the matter.

11 November

Inder Singh Bisht

Atlanta-Based Startup Unveils Hypersonic Aircraft Prototype

A Georgia-based aerospace startup unveiled its Mach 5-capable hypersonic aircraft prototype this week, wowing the audience with the roar of its engine afterburner.

10 November

Inder Singh Bisht

China Delivers Largest, Most Advanced Warship to Pakistan

China delivered its largest, most advanced warship ever exported to Pakistan this week, assisting the South Asian nation in striking a “balance” in the Indian Ocean region.

10 November