The Iranian economy will grow by 3.5% this year and 3.8% in 2018 , according to…
Aerospace & Defence
Aerospace & defence industry business news and investment opportunities in the global aerospace and defence sectors
STATS
A list of the top 10 Aerospace companies worldwide
| Rank | Company | Revenues |
| 1 | Boeing | 101,000 |
| 2 | Airbus | 75,100 |
| 3 | Lockheed Martin | 53,800 |
| 4 | United Technologies | 36,030 |
| 5 | General Electric | 30,600 |
| 6 | Northrop Grumman | 30,100 |
| 7 | Raytheon | 27,100 |
| 8 | Safran | 25,200 |
| 9 | Rolls-Royce | 15,000 |
| 10 | Leonardo | 14,400 |
GCC investors buy stake in Russian Helicopters
A consortium set up between the Russian Direct Investment Fund (RDIF) and a group of GCC…
India and Russia close to reviving two-year Kamov helicopter JV deal
New Delhi and Moscow are finally getting close to signing off on the $1bn joint venture…
Rostec may cede control of iconic Kalashnikov arms manufacturer
Rostec, Russia’s state-run industrial holding company, is considering lowering its stakeholding in the iconic Kalashnikov small…
Beijing confirms launch of China Aerospace Engine Group as Hague ruling pushes up defence shares
China Aerospace Engine Group: Shares in Chinese defence shares have moved sharply upward after Beijing confirmed that…
Space as well as energy on agenda for Putin visit to China
Putin visit to China: The possibility of closer cooperation between Russia and China in the space as well…
Rostec set to sell off 25% stake in Russian Helicopters to UAE fund
Russian state technologies corporation Rostec is expecting to rubber-stamp the sale of a 25% stake in…
Chinese satellites predicted to capture 10% of world market by 2020
Chinese satellites: At least 10% of the world’s satellites will be built and supplied by China…
Russia loses contact with Vostochny satellite
Vostochny satellite: Russia has lost contact with one of three satellites launched from the new Vostochny Cosmodrome…
Vostochny Cosmodrome launches first rocket after 24-hour delay
Russia launched the first rocket from its new Vostochny Cosmodrome yesterday, 24 hours after an initial attempt was aborted due to a…
Airbus eyes up Russian Helicopters
The Russian government may sell a controlling stake in Russian Helicopters to Airbus as part of its…
Russian billionaire Yuri Milner pumps $100bn into Breakthrough Starshot
Breakthrough Starshot: Russian billionaire internet investor Yury Milner has joined forces with the world-famous physicist Stephen Hawking…
49% ownership rule blocking FDI in Indian defence sector, says Airbus chief
Government rules restricting foreign ownership in the Indian defence sector to 49% are undermining New Delhi’s drive…
Q3 launch for new Chinese space lab
Chinese space lab: The authorities in Beijing this week disclosed further details of a plans to launch the…
Work begins on Azerspace-2
Azerspace-2: A group of employees from Azercosmos is visiting the US-based satellite communications company Loral Space &…
Lockheed Martin ready to build F16 jets in India as G2G talks continure
US fighter jet manufacturer Lockheed Martin is ready to set up a plant to produce its F-16 aircraft…
Trade Minister floats possibility of Russian Helicopters privatisation
Russian Helicopters privatisation: The Russian government may sell its stake in Russian Helicopters this year and possibly…
Russian space programme falls victim to recession
Russian space programme: Russia’s space agency Roscosmos this week announced that it was postponing its first manned moon mission…
Moscow looks at part privatisation of Russian Helicopters by year end
Russian Helicopters could be partly privatised this year, with a 25% stake being sold to a strategic…
Rostec in technology JV talks with Iran’s industrial sector – Chemezov
Russia’s state-run industrial holding company Rostec has been holding talks in Tehran around the possibility of establishing technology-based…
India and Russia close to five S-400 anti-aircraft systems deal
India is close to buying at least five S-400 anti-aircraft systems from Russia for $2.5bn as part…
Mexico buys 30 Sukhoi Superjets
Mexico has acquired 30 Sukhoi Superjet 100 aircraft from Russia, its ambassador in Moscow Ruben Beltran…
Russia and China sign $2bn Sukhoi Su-35 fighter jet deal
Russia has agreed to sell 24 Sukhoi Su-35 jets to China for more than $2bn, the first…
Russia agrees to sell Iran S-300 surface-to-air missiles
Russia has signed a contract to supply Iran with sophisticated S-300 surface-to-air missiles following the lifting…