China, in the midst of a massive military modernization, will increase it its annual defense budget to $132 billion, a 12.2 percent increase from the previous year
Astronics Corporation (ATRO) announced that it completed on February 28, 2014, the acquisition of all of the assets and liabilities of EADS North America's Test and Services division (EADS T&S). The...
Turkey's defense firm, Aselsan announced today a $491.5 million deal with Tusas Turkish Aerospace Industries (TAI), prime local contractor for the Sikorsky-led utility helicopter program estimated $3
SAAB has awarded RUAG with a contract estimated $76 million to develop and produce payload mountings for the Gripen-E military jet, of which $16 million is to be implemented immediately. Payload...
India's Defence Ministry on Monday has put on hold all the deals with the UK-firm Rolls-Royce until a CBI probe into allegations of kickbacks and unauthorised use of an outside...
A nation from the MENA region has placed a €83 million follow-on order from Rheinmetall for Skyguard fire units to expand its existing array of Oerlikon Skyguard air defence systems. The existing basic contract, plus previous...
Italys first new Eurofighter Typhoon Tranche 3 has rolled-out of the Alenia Aermacchi production plant in Turin-Caselle, according to the company. The Tranche 3 standard embodies a number of changes that effectively enhance the aircrafts performance...
North Korea has fired additional two short-range missiles on Monday, the second such launch in less than a week, according to various media reports. The first launch saw four short-range missiles fired into sea last week,...
Raytheon Company has been awarded $35.5 million to provide the US Navy with AN/AQS-20A minehunting sonar systems and equipment
India has finally sealed a work share agreement with the French-firm Dassault Aviation for building 70 per cent of the Rafale fighters domestically, according to New Delhi Television. India will acquire 18 of the 126 Rafale...
Saab has signed a contract estimated $12 million to supply the RBS 70 VSHORAD (very short range air defence system) to the Brazilian Army. The order comprises deliveries of man-portable launchers, missiles and associated equipment
The fire aboard submarine, INS Sindhuratna, originated in the cables of the vessel and not the battery compartment as originally reported last week. According to local media reports, the Board of Inquiry (BoI) into the...