Indias Mahindra group is planning to acquire 30% stake in Pipavav Defense as it plans to make a foray into defense sector. Pipavav is Indias largest shipyard in the private sector
Europe has planned to launch a car-sized experimental wingless space plane on a 100-minute unmanned mission, AFP reported Feb 5 2014. The European Space Agency's two-tonne, 5m-long Intermediate eXperimental Vehicle (IXV) is scheduled to be blasted into space on a Vega rocket from a space pad
Nigerian Navy received a new patrol vessel built in China which arrived in the African nation on Friday. The first of the two P-18N Offshore Patrol Vessels (OPV) ordered by Nigeria was delivered in November 2014 at the China Shipbuilding and Offshore International Company (CSOC)'s Wuchang Shipyard in Wuhan, China
Harris Corporation will acquire Exelis for an approximate $4.75 billion at $23
Oshkosh Defense has won a contract from the US Army to reset 800 Oshkosh-produced Mine Resistant Ambush Protected (MRAP) All-Terrain Vehicles (M-ATVs). This M-ATV Reset program will help the US Army achieve its goal of standardizing the M-ATV fleet configuration and ensuring that its primary MRAP platform is 100% mission ready following years of operation in theater, according to the company press release on Feb 5
The US Defense Logistics Agency (DLA) has awarded the second phase of a performance-based contract to Boeing, worth $223 million, that reduces combat logistics support costs while enhancing warfighter readiness. Under terms of the contract, Boeing will provide support for 11 different aircraft, according to the companys press release
ANSYS has acquired the assets of Newmerical Technologies International (NTI), a developer of in-flight icing simulation software and associated design, testing and certification services, the company said in a statement Wednesday. NTI develops and markets advanced computational fluid dynamics (CFD) software
Sikorsky Aircraft Corp has begun the ground testing for the S-97 RAIDER program. The RAIDER is an armed reconnaissance rotorcraft designed to outmatch conventional military helicopters in maneuverability, payload, speed, range and high/hot environmental conditions
The Russian Air Force and Naval Aviation will receive 126 new military airplanes and 88 helicopters in 2015, Russian Defense Minister Sergei Shoigu said on Tuesday. “Under the framework of Defense Procurement and Acquisition program, the Air Force and Naval Aviation will receive 126 new military aircrafts and 88 helicopters
Northrop Grumman announced Today that it has received its first order for its APG-83 Scalable Agile Beam Radar (SABR) from Lockheed Martin for Taiwans F-16 Fighters. The order comes within four months of design reviews of the system and consists of 142 SABR units