Facing Arms Embargo, Israel Cancels Arms Deal With Russia

August 5, 2014 @ 02:49 PM

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...

Developing Countries Fighter Aircraft Challenge Western Military Planes

June 25, 2014 @ 02:40 PM

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

Odessa Aircraft Plant Will Implement MiG-21 Upgrade For Croatian MoD

May 7, 2014 @ 04:07 PM

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...

EU Sanctions On Russia Will Not Affect France's Warship Delivery

April 30, 2014 @ 01:55 PM

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

Could India's Review of MMRCA Selection Process Bring Back Eurofighter?

March 31, 2014 @ 09:27 AM

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...

Will Serge Dassault’s Questionable Ethics Impact His Company’s Defense Business?

February 20, 2014 @ 09:08 AM

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

Airbus Group To Have In-House Bank

February 14, 2014 @ 01:43 PM

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

UK, France Detail UAV, Missile Agreement AT Summit

February 3, 2014 @ 02:26 PM

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

AgustaWestland’s India Scandal Threatens To Envelop Other European Companies

January 31, 2014 @ 09:21 AM

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

Iraq Military Spending Increases To $17 Billion In 2013

December 5, 2013 @ 12:59 PM

The Iraqi government has witnessed a 15.56% expenditure growth in past five years with $17

How Does The Chinese FD-2000 Fare Against Its Foreign Peers?

October 10, 2013 @ 02:12 PM

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

Are US Sanctions Against Chinese, Russian Defence Firms Ineffective?

October 10, 2013 @ 12:57 PM

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