Facing arms sales embargo from Spain and possibly the UK over its war in in Gaza, Israel in an ironic twist has suspended military contracts with Russia over its action in Crimea. While Russia faces multiple sanctions from around the world for its involvement in the Ukrainian crisis, Israel is...
The sky high cost of fighter aircraft acquisition is forcing developing countries to embark on their own programs in the process challenging the price and performance of American and European fighters. Turkey, South Korea, India, China and Pakistan claim to beat out western aircraft on cost
The Odessa Aircraft Plant will continue to repair and upgrade MiG-21 aircraft for the Croatian Ministry of Defense in accordance with the schedule, Oleksandr Stecenko, Deputy Director General of Ukroboronprom State Concern said today. According to the executive, the plant together with its co-contractors managed to solve all technical problems...
Delivery of arms from France to Russia will not be affected by EU sanctions imposed on Moscow. Frances delivery of two warships to Russia will not be affected by the current EU sanctions imposed on the country due to the Ukraine crisis, according to RIA Novosti
India may review the process of arriving at the lowest bidder in the MMRCA fighter contest which could open the door for Eurofighter to re-enter the competition. Media reports today said that Indian defence minister AK Antony had recently ordered the process to arrive at the lowest bidder in the...
Serge Dassault, who heads Dassault Aviation, was taken into custody Wednesday for allegedly buying votes in Corbeil-Essonnes where he was formerly mayor. Dassault in 1998 received a two-year suspended prison sentence in Belgium for bribing members of the Socialist Party to win a helicopter deal
The Airbus Group has entered into a Share Purchase Agreement with Raiffeisenverband Salzburg to acquire Salzburg München Bank AG, in order to provide additional financing options for the aeronautics and defence company. Salzburg München Bank, owned 100% by Raiffeisenverband Salzburg, is a small fully-licensed bank based in Munich serving small and medium enterprises (SMEs) and private clients
French Defence Minister Jean- Yves Le Drian and his British counterpart Phillip Hammond on Friday signed agreements for the immediate launch of several major Franco-British cooperative defense programs during the Franco-British summit. The ministers signed a Letter of Intent to launch a new phase of work in the field of combat drones
Indias decision to cut ties with Finmeccanica, parent company of AgustaWestland looks like it will suck in other European companies as well. The Indian MoD is reported to be looking at linkages between Finmeccanica and other European defense companies which may have a bearing on current procurements in India
The Iraqi government has witnessed a 15.56% expenditure growth in past five years with $17
Chinas FD-2000 missile defense system beat out competitors Raytheons Patriot, the Russian S-400 and the French-Italian Eurosam Samp-T to win the Turkish contract last week. Defenseworld
Turkeys decision to select a Chinese missile manufacturer despite US opposition have underscored Uncle Sams inability to enforce military sanctions against Chinese companies. The US went against its own sanctions law to award Rosoboronexport of Russia a contract to supply helicopters to Afghanistan