Mergers & JV - latestdefencenews.com

September 5, 2025
Admin
Mergers & JV

Korean Shipbuilders Merge for Defense

HD Korea Shipbuilding approved merging Hyundai Mipo and Hyundai Heavy Industries into one entity by December 2025. The move consolidates expertise, boosts naval contracts, and targets $7.1B annual defense...

September 4, 2025
Admin
Mergers & JV

NOMAD UGV Unveiled With Scout AI Technology

Scout AI and HMS have launched NOMAD, an autonomous ground platform integrating the Fury autonomy framework. It marks Scout’s latest step in unmanned systems, optimized for real-time decision-making with...

August 29, 2025
Admin
Mergers & JV

Amentum to Provide In-Country Maintenance and Support for Saudi Military Vehicles

Saudi Arabian Military Industries (SAMI), the kingdom’s state-owned defense company, has signed a partnership with Amentum UK and International to enhance maintenance, repair, overhaul, and upgrade (MROU) services for...

August 28, 2025
Admin
Mergers & JV

NVL and Kraken Form JV to Capitalize on Expanding Drone Ship Demand

UK-based defense firm Kraken Technology has partnered with German shipbuilder NVL Group to form a joint venture focused on developing and producing unmanned surface vessels. The collaboration is designed...

August 26, 2025
Admin
Mergers & JV

UK, Australia Roll Out Low-Cost Copperhead ‘Plug-and-Launch’ Weapon

Australia and the UK have launched a joint effort to create next-generation, low-cost guided weapons, formalized through the Copperhead Project Arrangement signed in February. The partnership was first disclosed...

August 26, 2025
Admin
Mergers & JV

$1B Joint Defense Initiatives Revealed by Bulgaria, Germany

Bulgaria and Germany have announced a joint defense program worth £1 billion ($1.1 billion) to establish new production facilities in Bulgaria for artillery munitions, gunpowder, NATO-standard rounds, and advanced...

August 25, 2025
Admin
Mergers & JV

Joint Military Exercises Launched by Indonesia, US, and Partners

Indonesia and the United States kicked off their annual joint military exercise, “Super Garuda Shield,” on Monday, with participation from 11 allied nations. The drills, which will run until...

August 25, 2025
Admin
Mergers & JV

South Korea Eyes First Indigenous EW Aircraft With Korean Air, LIG Nex1

Korean Air and LIG Nex1 have teamed up to compete for South Korea’s Block-I electronic warfare (EW) aircraft program, a 1.78-trillion-won ($1.31B) project to develop the nation’s first large-scale...

August 25, 2025
Admin
Mergers & JV

36-Meter Warship Combines Frigate Capabilities in US-Singapore Project

US-based Eureka Naval Craft has partnered with Singapore’s Strategic Marine to develop a new class of modular warships in Asia, targeting future requirements of the US Navy and allied...

August 20, 2025
Admin
Mergers & JV

Washington and Manila Endorse 500+ Combined Military Exercises for 2026

The United States and the Philippines have approved more than 500 joint military activities for 2026, further strengthening their defense cooperation across the Indo-Pacific. The agreement was formalized during...