Defense Trade Briefing: Russia Unveils New Weapons; Rheinmetall & GM defense group to bid for army; Hedge fund takes stake in Aerojet; More.

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Russia hosted a major arms show outside Moscow this week, where its leaders showed off weapons and future plans to modernize its military, as it seeks governors amid a slumping economy following Vladimir Putin’s invasion of Ukraine.

Almost six months into the war, Ukrainian weapons and equipment have been removed from the battlefield by the Russian Defense Ministry. Getty Images has published images of tanks, armored vehicles, boats and missiles, including the American-made Humvee.

The language used by Russian officials was very similar to what we hear from Western officials. Putin even refers to “dual-use products,” meaning technology that can benefit both the military and business sectors. “We are ready to provide our allies and partners with the most modern weapons, from small arms to armored vehicles and artillery, military aviation and drones,” he said on Monday.

Remember, Russia’s commercial aviation sector has been hit hard by Western sanctions. Unable to get American- or European-made parts, Russian airlines have begun cannibalizing some Boeing and Airbus planes to keep them in the air. Russia was banned from this year’s Farnborough Air Show following its invasion of Ukraine.

Also, CNA’s Sam Bendt It suggests The Russian Ministry of Defense created an Artificial Intelligence Research and Development Department.

“Russian [ministry of defense] He discussed such an effort a year ago when he sought to integrate and better manage various AI-related R&D across his departments, research institutes and defense-industry corporations,” Bendet tweeted. “In this respect, it may have similar functions to the DoDs. [Joint Artificial Intelligence Center] But it can be more direct control over actual work and, more importantly, budgets and finances. Given how important AI (and robotics) is to the Russian MOD today, this unit could be central to shaping policies and directing actual operations.

Here are some more pictures from the Moscow Arms Show.

Back to America America’s Rheinmetall Vehicles and GM Defense have teamed up to bid on a $5 billion joint tactical vehicle program for the U.S. military. Germany’s Rheinmetall has been expanding its presence in the U.S. and forming partnerships with American companies as it seeks to compete for military projects. The Army is expected to award contracts for several prototype vehicles in December. In the year By 2020, the Army has selected GM Defense to transport more than 1,000 small troops. In the year It was the company’s first major Pentagon deal since announcing in 2017 that it wanted to disrupt the military truck market.

In other military car news The Marine Corps has awarded BAE Systems an $88 million contract to “build several ACV-30 production representative test vehicles” that will be used for testing.

Hedge Fund Elliott Investment Management took a stake At Aerojet Rocketdyne, the rocket maker has been in turmoil since the Federal Trade Commission banned it from selling to Lockheed Martin. Bloomberg reports that the group has taken a 3.7 percent stake in Aerojet.


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