US company Cubic reported its 2016 year-end earnings on 21 November, with sales increasing 2% but net income dropping 92% compared with 2015.
The company reported net sales of USD1.5 billion for 2016, up from USD1.4 billion the year before. Along with that sales growth, however, was a USD99 million
ECA Group has bought 60% of naval architecture firm BE Mauric, the company announced on 22 November. The stake was bought from Ciranoë, who will retain some ownership of BE Mauric. Financial terms were not disclosed. Both groups are based in France.
ECA said in a press release that it would be
The new Academic Spotlight blog series features recent research findings on security sector reform and security governance published in international relations academic journals. It provides a venue to promote discussion within the academic-policy nexus and develop opportunities to share and exchange on key SSR issues and themes. The blog posts published in this series summarize
Italian Beretta BM-59 Automatic Rifle
The Army of the Czech Republic (ACR) has received its first batch of Ceska Zbrojovka (CZ) Bren 2 assault rifles.
The rifles are the first of 2,600 ordered in May for CZK417 million (USD16.6 million). The first batch was delivered in early November, will the entire order due to be delivered by the
Key Points
DNI James Clapper delivered his resignation on 16 November, although he will serve through the end of the Obama administration.
Several reports using anonymous sources indicated that President-elect Trump was considering eliminating Clapper's position, and that President Obama had been
Key Points
India has assigned its latest destroyer to the country's Western Naval Command
The ship's arrival comes amid rising tensions with Pakistan
The Indian Navy will assign the newly inducted Project 15A Kolkata-class guided-missile destroyer, INS Chennai, to the service's Western Naval
The Indian Ministry of Defence (MoD) published on 21 November long-delayed guidelines on how to deal with suppliers who have been charged with misconduct in defence procurement.
The "guidelines for penalties in business dealings with entities" remove the previous blanket 10-year ban on
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