By the end of 2012, Russia will have exported weapons worth $13.5 billion to 55 countries
Indonesia today announced its decision to buy 100 battle tanks from Germany after pulling out of a deal that was earlier awarded to Netherlands. The decision to cancel the $280 million contract comes after spending several months awaiting approval from the Dutch parliament
The Pentagon’s contracts management agency is temporarily withholding 5 per cent from an earlier 3 per cent from Lockheed Martin’s aircraft unit. According to the Defense Contract Management Agency, the money is being held because of flaws in the internal systems
The U.S Navy has awarded General Dynamics’ Electric Boat a contract worth $11 million to support research and development of advanced submarine technologies for current and future undersea platforms
Earlier last year, Rosoboronexport was awarded a nearly $1 billion contract to provide Afghanistan with 21 non-attack Mi-17 helicopters. A group of U
Raytheon Company has received a $79 million contract from the U.S
The U.S State Department’s Directorate of Defense Trade Controls has estimated an increase of more than $10 billion in export licenses for weapons and military parts and services sold overseas by U
General Dynamics Electric Boat has been awarded a $117.8 million contract modification from the U
Russian aircraft-maker Irkut Corporation’s net profit has grown a whopping 44% in 2011, according to the financial statements published by the company. JSC IRKUT Corporation received a record amount of net profit - 123 443 thousand US$, which is 44% more against 2011’s results (net profit of 2010 - 85 546 thousand US$)
Huntington Ingalls Industries, Inc., Pascagoula, Miss