Shares in aerospace composites manufacturer Quickstep increased 94 percent today to reach 38 cents on news of a takeover offer that would see the company join an expanding and market leading group of defence suppliers majority owned by CPE Capital. CPE Capital is a highly experienced provider of development capital to medium sized growth businesses…
BAE Systems Australia has today unveiled a cutting-edge uncrewed ground vehicle (UGV) that gives military commanders an added tactical option while keeping soldiers out of harm’s way. The Autonomous Tactical Light Armour System (ATLAS) Collaborative Combat Variant (CCV) is a new, cost effective, modular, 8×8 UGV built leveraging BAE Systems’ expertise in autonomous technology and…
Composites manufacturer Quickstep expects to receive purchase orders for the ongoing production of aerospace components from customers Northrop Grumman, Lockheed Martin and Marand by the end of July 2024. The company, in an update for investors, said that over the coming months production was transitioning to the next phase of multi-year orders under long-term agreements…
South Korean legislators have called for closer cooperation on defence industry in a session at the ROK National Assembly attended by Australia’s ambassador to Korea Catherine Raper and Labor MP Jerome Laxale. Professor Kim Woosang, Professor of Political Science and Diplomacy at Yonsei University in Seoul, called for the establishment of a robust defense, industry…
