Saudi Arabia, UAE, Kuwait pumped US$19.5 billion into the Egyptian central bank which enabled French lending institutions to finance Cairos Dassault Rafale fighter purchase
IRKUT Corporation today announced its plans to produce MC-21-300 airliner by the end of 2015. A maiden flight of this new plane is scheduled for 2016, while deliveries of first batch to customers are being planned for 2018
Taiwan plans to commission its indigenously designed stealth missile corvette and supply vessel to naval service late next month, Taipei Times reported Feb 14, 2014. “A ceremony to formally put the corvette Tuo Jiang and supply vessel Panshih into service is scheduled to take place in late March at the navys Zuoying base in Kaohsiung,” the largest naval base in Taiwan, an unnamed naval source was quoted as saying by the daily
Airbus has won a $220.5 million contract from the US army for procurement of more 41 UH-72A Lakota helicopters equipped with Airborne Radio Communications 231 radios
Tail sections of C-130 aircraft for Lockheed Martins global customers are being made in India, Phil Shaw, chief executive of Lockheed Martin India told defenseworld.net
IRKUT Corporation of Russia will complete deliveries of Su-30MKI aircraft kits to Hindustan Aeronautics Limited (HAL) during 2015, the Russian company said in a press release. In total, IRKUT Corporation will have delivered 222 aircraft kits for assembly at (HAL) Nashik plant
Northrop Grumman has won US Navy's Surface Electronic Warfare Improvement Program (SEWIP) contract worth up to $3billion beating Lockheed Martin, Syracuse.com reported Friday
The Indian Navy successfully test fired BRAHMOS Supersonic Cruise Missile from its newest destroyer INS Kolkata. First Kolkata-class guided-missile destroyer was commissioned on August 2014, and two more ships are in the pipeline
Russias delay in launch of its new “Tundra” advanced early warning system satellite will weaken Russian ballistic missile detection and early warning system, Russian Kommersant newspaper reported. According to the newspaper, Tundra was to replace ageing satellites that are part of Oko program as they have already exceeded their life-span
China has claimed that its growing military spending is way less than that of US, UK and Japan in terms of per capita expenditure. Refuting the annual military balance report by UK based International Institute For Strategic studies that accused Beijing of lack of transparency in its military spending, Chinese Foreign Ministry Spokesperson, Hua Chunying said