The Indian Air Force is considering a penalty clause for defense firms in case there is a qualitative and quantitative discrepancy in supplies of goods and services. "We are very strongly...
South Korea's Navy launched a new fast patrol boat in a ceremony held at Busan shipyard on Thursday, to help counter North Korea's hovercraft force along its maritime demarcation line. The...
Lockheed Martin has been awarded the US Navy contract worth $9 million for ship integration and test efforts of the AEGIS Weapon System (AWS) for USS Arleigh Burke (DDG-51) destroyer. “Lockheed...
Raytheon has been awarded a Foreign Military Sales contract estimated $21 million to provide technical assistance for deployment of the PATRIOT missile system for UAE. “Raytheon Southeast Asia Systems Co
India signed a contract worth $1 billion on Wednesday to purchase four long-range P-8I aircraft from Boeing Co, defence and industry sources told Defenseworld.net
General Dynamics has reported a total backlog of $63.2 billion at the end of second-quarter 2016
French aircraft manufacturer, Dassault is hoping that a forthcoming signing of a contract with India to sell 36 Rafale aircraft would boost its revenue for the financial year 2016. Dassault published on July 21, interim...
The U.S
Rheinmetall has won a $439 million contract to supply ammunition to an international customer. The company said in a statement Tuesday without revealing the type of ammunition nor the country to which it will be supplied
Airbus has launched a new satellite tasking service ‘One Tasking, for defence, intelligence and security application. One Tasking service provides 24/7/365 access to Airbus high-resolution and wide-swath satellite sensors
The US Navy conducted live fire over the horizon missile test from Littoral Combat Ship, USS Coronado using a Harpoon Block IC missile earlier this month. The test firing took place July 19 during the Rim...
Lockheed Martin and Korea Aerospace Industries have completed the initial test flight of its second T-50A configured aircraft in Sacheon, South Korea. The T-50A is the companys aircraft offering in the US Air Forces Advanced Pilot...