Mergers & JV - latestdefencenews.com

September 15, 2025
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Mergers & JV

Babcock and Hanwha Announce Partnership for Canadian Submarine Contract

Hanwha Ocean has signed a teaming agreement with Babcock Canada for the Canadian Patrol Submarine Project (CPSP), naming the company as its exclusive in-service support partner. The partnership builds...

September 12, 2025
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Mergers & JV

Poland, Hanwha Deepen Defense Cooperation in Missiles and Ammunition

Hanwha Aerospace of South Korea has signed two significant agreements with Polish defense partners aimed at strengthening local ammunition certification and missile production capabilities. The agreements align with Poland’s...

September 8, 2025
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Mergers & JV

Saab, Hanwha Partner to Integrate GLSDB Into Chunmoo Launcher

Saab and Hanwha Aerospace have agreed to cooperate on a project to integrate the Ground-Launched Small Diameter Bomb (GLSDB) with the Chunmoo rocket artillery system under a new memorandum...

September 8, 2025
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Mergers & JV

TKMS Partners With Indian Defense Firms to Advance Naval Systems

German shipbuilder Thyssenkrupp Marine Systems (TKMS) has entered into multiple partnerships with Indian defense companies to advance the joint development and production of naval weapons and anti-submarine warfare systems....

September 5, 2025
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Mergers & JV

GM, BAE, NP Join UK Army Vehicle Bid

GM Defense, BAE Systems, and NP Aerospace formed “Team LionStrike” to bid for the British Army’s Light Mobility Vehicle program. Based on GM’s Infantry Squad Vehicle, the design carries...

September 5, 2025
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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
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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
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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
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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
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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...