Former Finmeccanica CEO Giuseppe Orsi plans to sue the companys former external relations manager, Lorenzo Borgogni, for alleging he paid bribes to Indian offices to secure the VVP helicopter deal. Orsi and former CEO of AgustaWestland Bruno Spagnolini received a suspended two years sentence after they were found guilty of false invoicing in the Indian deal but were acquitted of all alleged bribery charges
Indias Defense Acquisition Council met for the first time under the new Defense Minister, Manohar Parrikar, on Saturday and cleared a proposal to procure 814 artillery guns worth $2.5 billion
The military cooperation agreement signed this week between Pakistan and Russia will allow Moscow to strengthen its arms exports in the region. The agreement comes months after Russia was demoted to second place by the US as Indias largest weapons supplier
Russia appointed a Deputy Navy Commander Vice Admiral Alexander Fedotenkov to take charge of transferring the first Mistral-class helicopter carrier, the Vladivostok from France, Ria Novosti reported Friday. Russia and France signed the $1
Lockheed Martin will demonstrate the latest advancements in simulation and training at the Inter-service/Industry Training, Simulation and Education Conference (I/ITSEC) from December 1 to 5.at the Orange County Convention Center in Orlando, Florida
Canada has decided to extend the service life of its aging fleet of CF-18 Hornet fighters affecting the prospects of Lockheed Martin and Boeing selling their latest fighters such as the F-35 and F/A-18 in jeopardy. Canada said in September that it would extend the life of its fighters to 2025 from the previous 2020 end-date
The Association for Unmanned Vehicle Systems International (AUVSI) announced today that Brian Wynne has been appointed as the new president and CEO succeeding the Michael Toscano after he retires on 12 Jan 2015. Wynne is currently president of the Electric Drive Transportation Association (EDTA), a post he has held since April 2004
The Indian state of Goa's government websites were hacked by allegedly Palestinian hackers today. Six websites from various departments were reportedly targeted
French shipbuilder DCNS has started work on the second Mistral-class amphibious assault ship built for Russia even as Paris has withheld export clearance for the first of the ships. The second helicopter carrier, named Sevastopol left its dry dock in the French port city of Saint-Nazaire on Thursday, RIA Novosti correspondent reported
India is likely to order 106 Pilatus PC-7 basic trainer aircraft (BTA), valued at an approx $1.1 billion, of which most are expected to be produced indigenously, the Times of India reported today