Kineco Kaman Composites India (KKCI) has successfully delivered 20 Composite Mission Consoles to BAE Systems for the Boeing P-8 maritime patrol aircraft. The Joint Venture Company between Kineco Group of Goa and Kaman Aerospace Group USA had earlier completed First Article Inspection phase of the composite console paving the way for this serial production
Saab has won a warhead production contract from MBDA France for MMP medium-range missile. The order has been placed with Saabs subsidiary Saab Bofors Dynamics Switzerland (SBDS)
Agustawestland today has delivered three AW139 intermediate twin aircraft and has signed an order for two additional aircraft with Italian Coast Guard. “The AW139s will be used to perform a range of missions including maritime patrol, search and rescue (SAR), and emergency medical services
Finmeccanica has renegotiated the five-year revolving credit Facility that envisages the payment of a spread of 100bp above Euribor, 80bp less than the previous conditions. The size was also reduced to 2 billion euro, compared to the former 2
CybAero has delivered the first remotely piloted helicopter system to Aviation Industry Corporation of China (AVIC) after extensive flight trials and factory testing. CybAero announced today that Factory testing and test flights were conducted in the latter half of June in collaboration with representatives of AVIC and CybAero's distributor ACC
The market for Chinese submarines seem to be on the rise even as the overall world demand for subs has witnessed a downward trend. The news today that Thailand has selected a Chinese manufacturer to build submarines beating bids from Russian, Swedish, German and French manufacturers, if true, is an indication of the maturity of the Chinese submarine industry
Japan plans to establish a new agency for defense equipment, including all processes from development and procurement to final disposal by October this year. The agency will be provisionally called the Acquisition, Technology and Logistics Agency and is expected to be a powerful entity that will control nearly a third of the country's defense budget, Nekkei reported Tuesday
DCNS today announced that it has handed over the FREMM (Frégate Européenne Multi-Missions) frigate Tahya Misr to the Egyptian Navy. The handing ceremony took place in presence of General Sedki Sobhy, the Ministry of Defense of the Arab Republic of Egypt, Jean-Yves Le Drian, the French Ministry of Defense, Admiral Osama Rabie, Commander in Chief of the Egyptian Navy, Admiral Bernard Rogel, French Chief of Navy and Hervé Guillou, Chairman and CEO of DCNS
India is likely to shut the AgustaWestland chopper bribery case due to lack of evidence after recovering INR 2,400 crore (US $377 million) deposited as bank guarantee in Italy and India. The Central Bureau of Investigation (CBI) has not made any headway in the scam investigation that involves former Indian Air Force (IAF) Chief SP Tyagi, his cousins and former top executives of Finmeccanica, the parent company of AgustaWestland
The US has provided Egypt with two fast missile boats that would contribute towards “ensuring regional security, countering terrorism, and protecting global commerce,” the US embassy in Cairo said Monday. The embassy said in a statement that the two Fast Missile navy vessels reached the Mediterranean city of Alexandria on June 17