European Players Team Up Day 4 reaffirmed Eurosatory’s status of being the perfect ground for business partnerships, with Italy’s Leonardo announcing the inking of a new commercial partnership with Konstrukta Defence, another European player, but from Slovakia. The agreement is said to be along the lines of the objectives of the European PeSCo (Permanent…
European Players Team Up
Day 4 reaffirmed Eurosatory’s status of being the perfect ground for business partnerships, with Italy’s Leonardo announcing the inking of a new commercial partnership with Konstrukta Defence, another European player, but from Slovakia. The agreement is said to be along the lines of the objectives of the European PeSCo (Permanent Structured Cooperation) initiative on developing common defense capabilities and will see the integration of Leonardo’s precision-guided Vulcano ammunition and Konstrukta’s Zuzana 2 155mm/52 caliber artillery system. And not just that, under the terms of the agreement, the companies will jointly market the products globally, while exploring the possibility of further collaboration towards the development of common European defense capabilities.
A Day Of Agreements
Raytheon from the US and Safran, a French multinational aircraft engine, rocket engine, aerospace-component, and defense company, signed an MoU at Eurosatory to work together on the development of a new generation of combat vehicle sighting systems. The MoU will see the electro-optical technology from the US company and inertial measurement unit technology from the French major coming together for what’s being dubbed, “the family of forward-looking infrared sights”. The word is that the new systems will see both mid- and long-wave bands at long range.
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The Age Of The Drones
Eurosatory has grown to become the world’s leading defense and security show for a reason. The show, which has always been a game changer for defense players all over the world, seems to have worked wonders for DroneShield, an Australia-based counter-drone technology provider. The company announced a major order for its DroneGun Tactical by the MoD of a “major Middle East country allied with Western governments”. With the drone mitigation industry being only a few years old, this one turns out to be a significant achievement for the company. The company said that the $3.2 million deal for 70 units is arguably one-of-its-kind in the industry.
A Solution For Germany’s MALE UAV Needs
Germany’s parliamentary committee has approved a deal with the Israel Aerospace Industries (IAI). The deal, worth a whopping $600 million, covers the lease of Heron TP medium-altitude, long-endurance (MALE) UAVs, and will cater to Germany’s MALE UAV needs, at least for now. If sources are anything to go by, the contract, intended to run for nine years from the latter part of next year, is more of an interim solution, until a four-nation EuroMALE project is ready for service in the mid-2020s.
Keep watching this space for highlights. We’ll bring in new updates as the show unfolds!