The value Indian MMRCA deal is set to inflate to a whopping $17 billion from the original $12 billion by the end of this year thanks to the falling Indian rupee. The rupee currently stands at INR 59
The UK and Japanese governments have signed a Defence Equipment Cooperation Framework and an Information Security Agreement. The British Foreign Secretary, William Hague, and His Excellency Mr Keiichi Hayashi, Ambassador of Japan to the United Kingdom, today signed 2 agreements which will create a legal framework for closer...
AVIC Aviation Techniques (a subsidiary of state-owned AVIC) is steadily becoming the face of Chinas military industrial growth. With its 10 subsidiaries and two listed companies, the company is responsible for R&D, pre-research, sales, services, manufacture, maintenance and cooperation of UAV, fighter and guided weapons
The next big global defence company to rival Lockheed Martin or EADS could well come from China if the ambitions of the state-owned Aviation Industries Corporation of China (AVIC) are realized. The AVIC rounded out last weeks Paris Air Show 2013 with significant interest shown in its military and civil...
Asia Pacific budgets are set to outstrip USA and Canada by 2021, fuelled by an explosion in global arms trade that threatens the competitive edge and dominance of US, UK and European defence trade according to the biggest budget and export study since the economic downturn. The study, The Balance of Trad, is presented to clients on 25 June by IHS Inc
Turkey plans to adopt a Chinese long-range anti-missile and air defense system, Turkish procurement officials said, even though it may be impossible to integrate the system with its existing NATO architecture. One senior procurement official familiar with the program said the Turkish government has concluded that the Chinese proposal was technologically satisfactory, allowed technology transfer and was much cheaper than rival proposals
On the sidelines of the Paris Air Show, top executives from HAL and Dassault Aviation sat down to review the progress of ongoing projects, according to an official statement. It is unclear if the two discussed the delays with the MMRCA contract which India and France are expected to sign this year
U.S President Barak Obama and his Chinese counterpart Xi Jinping on Monday met during an informal summit meeting in Washington to discuss the need to develop better military-to-military relations and improve cyber security cooperation
Pakistan today denied the claims made by a British government report stating that its military has purchased military equipments from Israel. According to the report, Israel exported security equipments over the past five years to Pakistan and four Arab countries
India is working to develop robotic soldiers as part of efforts to boost unmanned fighting capabilities, joining a select group of countries in this endeavour, according to the Press Trust of India. Under the project being undertaken by DRDO, robots would be developed with very high level of intelligence to enable them to differentiate between a threat and a friend
The Indian Air Force is expected to close deals worth $25 billion this fiscal, its largest ever procurement. These include the long-awaited $20-billion 126 MMRCA, three C-130J special-operations planes (as a follow-on order), 22 Boeing Apache Longbow strike helicopters ($1