Hakan Buskhe, President and CEO of Saab aerospace and defence company, will be stepping down from the position and will be leaving the firm by February 2020. Hakan Buskhe assumed the role of President and CEO of Saab on September 1, 2010
Russia's Sukhoi Aircraft Company has kick-started serial production of Su-57 fifth-generation stealth-capable fighters, orders for which was placed by the country during Army-2019 Forum in June, 2019. "Sukhoi has started to fulfil its contractual obligations
Rheinmetall has acquired 100% stake in Canada-based firm "Provectus" to expand Rheinmetalls technological capabilities in the field of robotics and autonomous driving. Automation and digitization are among the vital Group-spanning technology clusters which Rheinmetall is systematically working to expand, concentrating knowledge and capacities in order to exploit additional future growth potential
The manufacturing costs of Germanys “Puma” mechanised infantry fighting vehicle (IFV) has reportedly exceeded initial estimates of the government by Euro 2.9 Billion, German media has reported
Russia has rejected Iran's request of buying the S-400 anti-aircraft, missile defense systems, a senior Russian official told Bloomberg on Friday. "The request was rebuffed by President Vladimir Putin, who was concerned that the sale would stoke more tension in the Middle East," the officials said on the condition of anonymity
In April the Russian arms exporter, Rosoboronexport and the Indonesian Ministry of Defence have signed a contract to supply BMP-3F infantry fighting vehicles (IFV) and amphibious armoured personnel carriers (APC) BT-3F to the Indonesias Marine Corps. The reason for the BMP-3Fs selection by the Indonesian marines is said to be its unique amphibious features with superior near-shore performance compared to other such vehicles proposed for the competition, Indonesian media reported
The United States Department of Defense (DoD) intercepted an unarmed missile soaring over the Pacific, using a salvo of two interceptor missiles launched from underground Californian silos for the first time, on Monday. Both interceptors hit their targets— a re-entry vehicle that had been launched 4,000 miles away atop an intercontinental-range missile, the Pentagon said
The Indian Air Force is in talks with Russia for an urgent procurement of 21 MiG 29 fighter aircraft in a contract valued at INR 6,000 Crore ($847 million). The jets are required to be delivered at a short notice as India has been facing acute shortage of combat aircraft
The Hungarian government has put its last batch of 19 MiG-29 fighter jets up for sale. The single lot includes 19 fighters MiG-29, partially dismantled, or designated as unsuitable, 20 engines and about 300 other items, including weapons for aircraft
The United States is eyeing to purchase Israeli Iron Dome missile defense systems. The decision was made as part of an agreement between the Israeli Ministry of Defense and the US Department of Defense to fill its short-term needs for an Indirect Fire Protection Capability