Rolls-Royce Posts $7 Billion Loss in H1 2020
Rolls-Royce in its financial report published today, has admitted that it failed to ring the cash registers, with worldwide grounding of aircraft, order cancellations and crisis in air transport sparked by COVID-19 pandemic. The British firm, which operates in the air, defense and energy sectors, posted a net loss of £5...
DRDO Identifies 108 Military Equipment to be produced only by India
Indias state-owned Defence Research & Development Organisation (DRDO) has identified 108 systems and subsystems that will be designed and developed by the Indian Industry only. The equipment included in the
Russia has $15 Billion Defense Order Backlog with India: Russian FSMTC
Russian defense industry is presently committed to ship $15 billion worth of military equipment to India and expects another contract for Igla-S MANPADS soon. “Everything is going smoothly with Indian partners
China, India Among Top 5 Defense Spenders in 2020
China and India have earned a place in the list of top countries with highest defense spending in the world this year. While China lost the first spot to the United States with an annual spending of $237 billion, India bagged the fourth place with $67 billion
Will Normalization of Ties Open up the UAE Arms Market to Israel?
The surprise announcement from the White House of a Trump-brokered normalization of ties between the United Arab Emirates (UAE) and Israel holds the promise of opening up Abu Dhabhis arms market to Israeli firms. As per normalization of relations detailed in the announcement, “delegations from Israel and the United Arab Emirates...
South Korea to Develop Iron Dome-like Air Defense System
The South Korean Defense Ministry in its defense blueprint for 2021-25 published Monday revealed plans to develop a Korean version of the Israeli Iron Dome interceptor in the next five years. "When we talk about South Korea's missile defense system, it usually refers to one targeting North Korea's Scud-type or stronger missiles, whereas this new interceptor system will focus on protecting the capital area against the North's long-range artillery such as its 240-mm or 300-mm multiple rocket launchers,” a ministry official was quoted as saying by
India to Implement Ban on Import of Transport Aircraft, Light Combat Helicopters,...
Indian Defence Minister Rajnath Singh announced embargo on import of 101 types of military equipment in an attempt to develop and promote indigenous weapons. "The Ministry of Defence is now ready for a big push to Atmanirbhar Bharat initiative
Russia seeks to Establish Military Bases in 6 African Nations
Russia has sought permission to establish military bases in 6 African countries- Egypt, the Central African Republic, Eritrea, Madagascar, Mozambique, and Sudan. Germanys Bild newspaper reported quoting German Foreign Ministry documents on August 4, that Russia had concluded military cooperation agreements with 21 African countries since 2015, while it had cooperation agreements with only four countries in Africa before that date
Indian Defence Ministry Proposes Leasing of Military Equipment
India has proposed leasing of military equipment in its revised draft of Defence Acquisition Procedure (DAP) 2020, that may enable the military to possess and operate costly platforms required for a limited period. Leasing was introduced as another category for acquisition in addition to the existing ‘Buy and ‘Make acquisition
Raytheon Cloaks Sales of $14.1B in 2Q 2020, backlog at $158.7B
Raytheon Technologies has recorded $14.1 billion sales in the second quarter of 2020 while backlog stands at $158
Saudi Arabia to Launch "World Defense Show" in 2022
Saudi Arabia announced the launch of the World Defense Show-2022 as part of its plan to become a leading armaments producer in the Middle East. The inaugural edition is scheduled to take place between 6-9 March 2022 in Riyadh, and intends to rival the likes of competing events such as IDEX, Abu Dhabi and Dubai Air show
Joint Military Bases, Silk Route Access to China In Return for Buying...
Details of a compressive Iran-China “quarter-century deal” in the making has emerged which will allow the setting of joint military bases, Beijing buying one billion barrels of Iranian Oil per day and ‘Silk Route trading initiative to pass through Iran. Military agreement: As part of the military agreement, joint military bases are planned around the Persian Gulf and the Sea of Oman, Tehran and Beijing will allow one anothers ships and aircraft to refuel and dock at each others airports and ports
Parts worth $500M Extracted from U.S. Aircraft Boneyard
FSB Intercepts Booby-Trapped Perfume Bottles Sent to Russian Officers
Ukraine’s Radionix Partners with Saab for Sensor, Defense Electronics Work
Collins Aerospace to Build New Jam-Resistant Navigation Systems for U.S. Military Vehicles...
Russian Su-57 and Chinese J-20 as Alternatives to the American F-35 Stealth Fighter
As the Russian Su-57 stealth fighter jet enters serial production, the debate over how it stacks up against the American...
NATO’s Intensified Exercises a Prep to Attack Russia?
Recent NATO exercises such as the BALTOPS-24, Steadfast Defender 2024 and its first-ever Basic Fighter Maneuvers exercise have been its...
Precision in the Skies: The Evolution of Loitering Munitions
Loitering munitions - drones that hover over a target and blow up near it - have become the weapon of...
Is the Patriot Air Defense System Outdated?
After Israel revealed its decision to decommission its U