Lenoardo has closed 2016 fiscal year with a 35 billion Euro backlog including new orders for 2016 alone worth Euro 20 billion guaranteeing the Italy-headquartered defence and aerspace conglomerate a 3 years production run in its factories mostly in Europe. Net Result for 2016 before extraordinary transactions was at more than EUR 500 million, more than double of 2015 at EUR 253 million, a company statement said today
China has upgraded its CNS Shenzen destroyer with a vertical launch system which will enable the ship to carry a larger missile load besides changes to its superstructure intended to reduce its radar signature. Besides, its four 37-mm two-barrel anti-aircraft guns have been replaced with two close-in weapon systems, whose faster rate of fire increases the vessel's survivability against incoming missiles
India is eyeing to expand counter-terrorism cooperation with the United Arab Emirates (UAE) during a visit by crown prince of Abu Dhabi, Sheikh Mohammed bin Zayed al Nahyan, this week. Sheikh Zayed, who is also the supreme commander of the UAE armed forces, will be the chief guest at the Republic Day parade on 26 January,
Japan plans to submit a bill to the ordinary Diet session to be convened Friday that would allow supply of the Self-Defense Forces (SDF) secondhand defense equipment to other countries for free or low price. The government intends to provide secondhand SDF defense equipment mainly to member countries of the Association of Southeast Asian Nations, including the Philippines, which has a territorial dispute with China in the South China Sea
US Armys new light-weight ballistic helmet system has entered production phase this month. The Armys next generation Personal Protective Equipment (PPE) system is intended to improve the warfighters lethality, mobility and modularity by optimizing Soldier protection while effectively reducing weight with the latest technologies and managing all lifecycle aspects of personal protective equipment,
Italian Leonardo (former Finmeccanica) has sold its share in the Russian joint venture Sukhoi Civil Aircraft Company (SCAc), a manufacturer of Sukhoi Superjet 100 (SSJ 100) regional aircraft. However, it remains the programs partner that supports the aircraft certification and sales in the West
Russia is developing a new satellite space radio intelligence system, the nation's defense Ministry announced Tuesday. Defense Minister Sergei Shoigu was quoted as saying by Sputnik that Russia continues to develop the Liana Electronic Intelligence Program (ELINT) using Lotos-S and Pion-NKS radio surveillance satellites that are planned to replace two aged Soviet Tselina satellites
Indian defense ministry has plans to commission vessels hereafter, including first Scorpene-class submarine INS Kalvari into service provided only when it is ready for operational deployment. However, the ministry is seeking to change the old practice of inducting incomplete warships,
India is contemplating testing its longest range submarine-launched K-4 ballistic missile that can deliver nuclear warhead from 3,500 km away. Defence Research and Development Organisation (DRDO) is planning to conduct the test from an undersea platform in the Bay of Bengal by month-end,
A re-design of the naval version of the Lockheed Martin F-35 stealth fighter along with that of the structure of aircraft carriers may be necessary to fix rough takeoffs that hurt and disorient pilots at the critical moment when they're taking off from a carrier. The expensive and extremely prolonged US fighter project has reached an initial state of military readiness with its air force and Marine variants in 2016,