Small Arms Maker Colt Files For Bankruptcy, Receives Buyout Offer
US based Firearms manufacturer Colt has filed for bankruptcy after it failed to garner support of bondholders for a debt reshaping agreement, the company said in a statement last Sunday. "Colt plans to try to reduce its $355 million debt burden via a court-supervised auction of its business, to generate proceeds...
Heckler & Koch Spied On German Media Amid Fears Of Takeover in
Heckler & Koch (HK) has admitted to using Germanys counter-intelligence service, MAD to spy into negative press coverage on G36 assault rifles amid possible takeover in 2013, German media reported. According to the reports, the German Defense Minister Ursula von der Leyen had asked to investigate the links between officials from...
India Likely To Discuss Defense Proposals Worth $3.7 Billion Today
The Indian Defense Acquisition Council during a meeting on Wednesday is likely to discuss BrahMos supersonic cruise missile systems for the Indian Navy, BAEs M777 Ultra-Light Howitzers for the Army and Avro replacement program. The government is likely to pave the way for six new BrahMos supersonic cruise missile systems with...
Russian Improvised AK-74M To Be 50 Per Cent More Accurate
Russian Kalashnikov Concern claims that new upgraded version of its AK-74 assault rifle allows 1.5 times combat effectiveness at a distance of up to 300 meters in different climatic conditions than the earlier version
Bolivia Receives Five Offers For Fighter Aircraft Bid
Bolivia has received five offers for its fighter aircraft requirement to re-equip the armed forces, which requires a purchase of 20 fighter jets as well as 40,000 rifles, EL Deber Bolivian News daily reported Monday. “Bolivia has received five offers, but it does not mean we will be selecting among them
Lebanon Receives $3 Billion Saudi Aided French Weapons
Lebanon has received the first shipment of a mix of French land, sea and air equipment including armored vehicles, heavy artillery, anti-tank missiles, and mortar and assault weapons worth $3 billion on Monday, Reuters reported. The Saudi-funded deal to provide Lebanon with French weapons is underway as the first shipment arrived at the Beirut International airport
Indian Private Companies To Set Up Arms Factories
Indian private companies, Bharat Forge, ABG Shipyard, Pipavav Defense and Offshore Engineering Company will now be able to set up defense and explosive manufacturing units. An inter-ministerial committee chaired by Secretary in the Department of Industrial Policy and Promotion (DIPP) Amitabh Kant on Wednesday cleared most of 144 proposals for setting up manufacturing units that included defense and explosive sectors
Rosoboronexport To Supply 100 Amphibian ADS Rifles To A CIS Nation
Rosoboronexport has signed a contract with one of the CIS countries for the supply of more than one hundred units of “amphibian” RIA Novosti reported Monday. ADS rifles of KBP (which is part of “Precision complexes”) development were presented at the defense industry “AIDIX-2015″, held in Abu Dhabi (UAE) for the first time
Arms Deals Worth US$ 1.02 billion Announced at IDEX 2015
Tawazun Dyamics, Oshkosh, Caracal International and Agusta Westland won big contracts from the UAE Armed Forces on day three of IDEX exhibition at Abu Dhabi UAE Armed Forces entered a deal with Tawazun Dynamics to purchase “ultra precision” guided ammunition. The deal is valued at AED 1
Lebanon Receives 70 Howitzers, 26 Million Rounds Of Ammunition From US
Lebanon has received shipment of the $25 million worth equipments that includes more than 70 M198 howitzers and over 26 million rounds of ammunition on Sunday at Beiruts port. US provided weapons for helping the Lebanese army to fight against IS militants who have staged incursions from Syria
Importer Claims To Start Ak-47 Manufacture In US
The importer of Russian Kalashnikov rifles in US, RWC, has claimed to start manufacturing the AK-47 guns in the USA, CNN Money reported yesterday. The importing of the AK-47 gun in US was stopped after it imposed sanctions in July against Russia
Indian Army to Break up Future Soldier Program into Two Parts
The Indian Army has decided to junk the Future Infantry Soldier As a System (F-INSAS) program in favor of two separate projects. The new program will have two components: one arming the modern infantry soldier with the best available assault rifle, carbines and personal equipment such as the helmet and bulletproof vests and the second component is the Battlefield Management Systems (BMS)
Peru Selects Hyundai Rotem's K-808 White Tiger Armored Vehicles
South Korea to Double Military Drone Fleet by 2026
Avation PLC Orders 10 ATR 72-600s
Russian Kamikaze Drones Detected Near Zaporizhia Nuclear Power Plant
Development Trends in Unmanned Surface Vessels
Unmanned surface vessels (USVs) have caught the attention of the world following their spectacular success in sinking Russian warships in...
Have Iran-Israel Missile Attacks Enabled Mutual Deterrence?
Iran's April 13-14 missile strike against Israel marks a paradigm shift in Tehran's approach to Israel; from previously relying on...
Free Flight to Russian Hypersonic Missiles as America's Own Hypersonics Program Delayed to 2027
As Russian Aerospace Forces pummeled Ukrainian positions in mid-March 2024 with hypersonic missiles, the Pentagon's own hypersonics program faces delays,...
Counter-trade, Undisclosed Deals May be Masking Russia’s Arms Export Numbers
A Stockholm International Peace Research Institute (SPIRI) report last week reported a steep fall in Russias arms exports- pushed to...
China’s “Moderate” 2024 Defense Budget Hides Frenetic Military Build-up
China on Tuesday revealed a draft defense budget draft for 2024 amounting to 1
Battle of Counter-Drone SAMs- Raytheon's Coyote Vs. Russian Pantsir-S1
The spectacular success of drones on the battlefield in Ukraine has prompted Russia and the United States to develop counter-measures...