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Russia Set To Develop Stealth Corvette

July 7, 2015 @ 01:26 PM

Russia is developing a Rusich 1 trimaran stealth corvette that can shoot straight even in a Force 6 storm conditions. A small prototype of the Rusich 1 corvette was unveiled during...

Thales, IAI Integrate Data Link Capability On Heron UAV

July 7, 2015 @ 12:41 PM

Israel Aerospace Industries (IAI) and Thales have conducted risk reduction flight tests for the integration of NATO STANAG 7085 data link on board the Heron Medium-Altitude Long-Endurance unmanned aerial vehicle...

Indian Army To Issue RFI For Assault Rifles To Replace INSAS

July 7, 2015 @ 11:34 AM

The Indian Army is likely to issue a new RFI (Request for Information) for a new single caliber assault rifle to replace its INSAS rifle after it scrapped a four-year-old...

Agustawestland Delivers Three AW139 Helicopters To Italian Coast Guard

July 7, 2015 @ 10:01 AM

Agustawestland today has delivered three AW139 intermediate twin aircraft and has signed an order for two additional aircraft with Italian Coast Guard. “The AW139s will be used to perform a range...

AM General Wins $373 Million Humvee Contract for Ukraine, Mid-East Countries

July 7, 2015 @ 09:44 AM

The US DoD has awarded AM General a $373 million contract to provide 2,082 High Mobility Multipurpose Wheeled Vehicles (HMMWV), or Humvees. “The contract includes spare parts and Humvees in a...

Finmeccanica Re-negotiates Five-Year Revolving Credit Facility

July 6, 2015 @ 04:15 PM

Finmeccanica has renegotiated the five-year revolving credit Facility that envisages the payment of a spread of 100bp above Euribor, 80bp less than the previous conditions. The size was also reduced to 2 billion euro, compared to...

BAE, SAAB MoU For Australian Combat Vehicle Program

July 6, 2015 @ 04:00 PM

BAE Systems today has signed a memorandum of understanding with Saab to bid for an Australian combat vehicle program. BAE Systems is the main contractor for Defence program Land 400 Phase 2 Mounted Combat Reconnaissance Capability...

US To Order 94 F-35 Fighter Aircrafts For $920 million

July 6, 2015 @ 02:36 PM

The US military will be placing a $920.4 million order to procure 94 F-35Lightning II joint strike fighter combat jets

Iraqi Fighter Plane Drops Bomb Accidentally, kills 7

July 6, 2015 @ 02:35 PM

A bomb from an Iraqi warplane accidently fell down on Monday due to technical problem in Eastern Baghdad. Security spokesman Brigadier General Saad Maan was quoted as saying by AFP today that one of the bombs...

Cubic's Intific To Develop Virtual Test Bed Technology For DARPA

July 6, 2015 @ 01:47 PM

Cubic Global Defense subsidiary Intific has won a contract from Defense Advanced Research Projects Agency (DARPA) to develop a virtual test bed for Tactical Technology Office (TTO). The virtual test bed is intended to provide a...

Mahindra, Ultra Electronics in Underwater Warfare Equipment Partnership

July 6, 2015 @ 01:39 PM

Mahindra Defence Naval Systems has teamed up with Ultra Electronics UK to provide Underwater Warfare equipment for the Indian Navy and radios for the Indian Army. With the renewed thrust from the government in clearing various...

Eurofighter Seeks Increased Funding

July 6, 2015 @ 01:16 PM

Eurofighter has sought increased funding to optimize its multi role capabilities. Eurofighters Chief Executive Officer (CEO) Alberto Gutierrez said that a report by the UKs Royal United Services Institute for Defence and Security Studies (RUSI) to...

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