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Following the forced divestment of its Swedish Kockums acquisition, The German industrial conglomerate ThyssenKrupp is seeking to divest the remaining assets related to submarine construction - under its Marine Systems (TKMS) business group
Russia has acknowledged an Egyptian request to procure a squadron of MiG-35 advanced fighter aircraft, to include up to 24 fighter jets at a cost of US$3 billion.
Israel received today the fifth Dolphin-Class submarine. "INS Rahav" will arrive in Israel during the course of 2013, upon the completion and installation of its relevant systems.
The Israeli government has decided to finalize the acquisition of a sixth Improved Dolphin class submarine from Germany, with payment to be spread over several years. The Dolphins are manufactured by Howaldtswerke-Deutsche Werft (HDW), which is owned by ThyssenKrupp Marine Systems.