Taiwan launched its first domestically produced warship on December 23, as it strives to upgrade its naval capabilities in response to a perceived threat from China. The 500-tonne corvette named 'Tuo Chiang' - 'Tuo River' - is the first of its kind ever produced by Taiwan and was described by defense minister Yen Ming as "the fastest and most powerful" in Asia
Elbit Systems has won a contract valued at $106 million from the Brazilian Navy to upgrade four Grumman C-1A aircraft. The subcontract, valued will be performed by Elbit Systems of America over a five-year period whereas, the prime contract is held by Marsh Aviation Company of Mesa, Arizona
Raytheon has won a $500-million contract from US Air Force to supply advanced medium-range air-to-air Missiles (AMRAAM). "The contract is for the production of the AMRAAM missile and other AMRAAM system items, including the captive air training missile, common munitions bit/reprogramming equipment and non-developmental item airborne instrumentation unit," Raytheon said Tuesday, Sputnik reported
BAE Systems has won a contract worth $1.2 billion from the US Army for the Engineering, Manufacturing, and Development (EMD) and Low-Rate Initial Production (LRIP) of the Armored Multi-Purpose Vehicle (AMPV)
Russia is planning to increase the number of airplanes and helicopters at its planned airbase in Belarus scheduled to be opened in 2016, Defense Minister Sergei Shoigu said. Russian Defense Minister Sergei Shoigu said Tuesday during a meeting with his Belarusian counterpart Andrei Ravkov that he is ready to continue the discussion of cooperation on a practical basis today
Russian Helicopters has been asked by the Indian MoD to respond to a request for information (RFI) to procure light utility helicopters for the Indian Army and Navy along with Airbus and Bell. This is contrary to what is being reported primarily in the Russian media that the Russian side is close to a go ahead to set up a manufacturing base in India along with state owned HAL to sell in the Indian and export markets
A Su-25 combat jet flew from an airbase in eastern Dnipropetrovsk of Ukraine carrying air-to-air missiles and returned without them on the day MH17 passenger Boeing of Malaysian crashed. Komsomolskaya Pravda newspaper reported, citing an airbase employee who claims to be an eyewitness that three Ukrainian combat jets took off on July 17, and that one of them, a Su-25, was carrying air-to-air missiles
General Dynamics has won a $498 million contract from the US Navy yesterday for the design and construction of the Mobile Landing Platform (MLP) Afloat Forward Staging Base (AFSB). Under this option, NASSCO, subsidiary of General Dynamics, will provide the detail design and construction efforts to build the second AFSB of the Mobile Landing Platform-class ships
A treaty laying down international rules for the $85 billion dollar global arms trade will go into force on Wednesday, compelling countries to set up national controls on arms exports. According to treaty, States must assess whether a weapon could be used to circumvent an international embargo, be used for genocide and war crimes or be used by terrorists and organized crime
The Russian Navy inducts third Borey-class nuclear-powered ballistic missile submarine, the Vladimir Monomakh, the Sevmash shipyard reported. The submarine will soon leave a naval base in Severodvinsk in northern Russia to join the 25th Submarine Division of the Pacific Fleet based in Russia's Far East