January 7, 2009, New Delhi, India: Following approval from the Government of India's Foreign Investment Promotions Board, Mahindra & Mahindra and BAE Systems will set up a Joint Venture (JV) in India focused on land systems for the Indian market. This is a key step in setting up the JV, and in accordance with current Foreign Direct Investment regulations, the equity split will be 74% with Mahindra & Mahindra and 26% BAE Systems
What amount of budgetary resources might be needed in the long term to carry out the Bush Administrations current plans for defense? This Congressional Budget Office (CBO) paperprepared at the request of the Chairman and the Ranking Member of the Senate Budget Committeeaddresses that question.>> />> In CBOs projection of DoDs current plans, defense resources average about $549 billion annually (in 2009 dollars) from 2014 to 2026, or about 6 percent more than the $517 billion in total obligational authority (TOA) requested by the Administration and the $515 billion in TOA provided by the Congress for 2009
On January 6th, 2009, the Ministry of Defence of Chad has notified to Renault Trucks Defense a contract of 52 units of Kerax 6x6, in rigid version equipped with fuel tank and flatbed, in tractor version equipped with tank semi-trailer and in wrecking version.>> These vehicles will be manufactured at Bourg en Bresse factory
RICHMOND, BC --- MacDonald, Dettwiler and Associates Ltd., a provider of essential information solutions, announced today that the Canadian Space Agency (CSA) has increased its funding to expand the scope of the existing contract with MDA to provide support for the Mobile Servicing System, including building a spare Latching End Effector for the Canadarm2
Arianespace confirmed its position as the worlds leading launch Service & Solutions company in 2008, and is actively gearing up for 2009 with its expanded family of launchers.>> 2008: FOCUS ON ARIANE>> Since being founded in 1980, Arianespace has signed over 300 launch Service & Solutions contracts and launched 265 satellites for 70 customers more than half of all commercial satellites now in service worldwide
>A Danish Leopard II tank provides overwatch during Operation Sond Chara in Southern Afghanistan (UK MoD photo)A massive British led operation in Afghanistan has seen 1,500 troops involved in two weeks of fierce fighting in rain and mud to successfully secure a large area of Central Helmand province previously under Taliban influence.>> Operation SOND CHARA began in mid-December and lasted throughout the Christmas period
HOUSTON, TX. --- BAE Systems has received six contracts worth $115 million from the U
PORTLAND, OR --- FLIR Systems, Inc. announced today that it has received notification from the Royal Australian Air Force (RAAF) of its intent to exercise a contract modification option under a prior $13
The Council of Ministers has authorized the Ministry of Defense, or whomever it designates, to award the contract mentioned in the Memorandum of Understanding (MoU) between France, Germany and Spain for the maintenance of the Tigre helicopter.>> At the same time, it also approved the related payments for a total amount of 155 million euros, divided into seven annual payments between 2009 and 2015
LYNCHBURG, Va. --- A subsidiary of The Babcock & Wilcox Company has completed the acquisition of Nuclear Fuel Services, Inc