France has signed more than US$55 billion in large defence deals this year making one of the most lucrative periods in the countrys history of defence exports. State owned firm DCNS today signed US$ 37 billion contract with Australian government in industrial town of Adelaide for 12 diesel-electric submarines
Italys apex court has ordered a re-trial of former top executives at Leonardo-Finmeccanica over alleged irregularities in the AgustaWestland VVIP chopper deal worth US $753 million. Indias Central Bureau of Investigation (CBI) arrested former Air Chief SP Tyagi and two others last Friday on graft charges
BAE Systems today rolled out the first prototype Armored Multi-Purpose Vehicle (AMPV) to the US Army during a ceremony at the companys York, Pennsylvania facility. The AMPV provides the Army with enhanced mobility, survivability, force protection, and combat superiority
Hanwha Techwin Co., a South Korean firm has won a 280 billion won (US$260 million) deal to build 96 K-9 self-propelled howitzers for a state-run company in Poland
Leonardo-Finmeccanica delivered the first two of a total four ATR 72MPs, a multirole Maritime Patrol, Electronic Surveillance and C4I aircraft, to the Italian Air Force today. Designated P-72A by the Italian Air Force, the aircraft will replace the Air Forces obsolete Breguet Atlantic
Lockheed Martin has performed a second flight test of modernized Tactical Missile System (TACMS) missile at White Sands Missile Range in New Mexico. The test follows the first flight of a modernized TACMS in late October
The Philippines has chosen to stop allowing the US, its defense ally, from staging patrols in its territory for South China Sea missions, in order to smooth out territorial disputes with China. Defense Secretary Delfin Lorenzana said that the Philippines will not allow its territory to be used as a staging ground for US patrols, AP reports
India is to become the worlds third largest military spender in 2018 surpassing UK and Saudi Arabia which occupy the third and fourth place, according to an analysis by IHS Janes. The first and second spot will continue to be occupied by the US with $622
Brazilian investigators on Friday accused former president Luiz Inacio Lula da Silva of using his influence to help Saab win the tender for 36 jets worth about $5.6 billion
China is readying to conduct next week a flight test of Dong Neng-3 missile that can destroy satellites in space. Test preparations for the Dong Neng-3 anti-satellite missile were detected at a military facility in central China, according to Pentagon officials familiar with reports of the impending test,