Amid shakeup, Army plans to replace Gray Eagle and Shadow drones
After the Army Transformation Initiative shook up drone plans, the service wants a replacement for older Gray Eagles in 2028 and the Shadow in 2026, according to a service official.
Belgium’s John Cockerill to acquire French land vehicles maker Arquus
John Cockerill says it is targeting an annual turnover of €1 billion ($1.1 billion) with this acquisition.
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Not just selling into the kingdom, but building partnership with Saudi Arabia’s defense industry
Partnerships with outside industry are a cornerstone of the kingdom’s ambitious growth strategy.
Arquus, French land vehicle firm, sees annual earnings fall, long-term production concerns
Arquus CEO Emmanuel Levacher said that in order to meet the objectives of the “war-time economy” called for by President Emmanuel Macon, mainly to produce more equipment, faster and cheaper, “we need visibility to enable us to anticipate and would rather have a firm contract to produce one vehicle a month for 30 months than lots of small contracts.”